UC’s Pension Fiasco
The University of California’s Board of Regents recently voted to increase student tuition up to 25 percent over the next five years. UC president Janet Napolitano said the tuition hike ...
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Earthquakes, Hurricanes, and Conspiracy Theories
If you’re an environmentalist and a hurricane rips the East Coast and New England, you immediately know the culprit. Mother Nature? Of course not. Big Oil! Global warming did it!
“Irene’s ...
CBO Underestimates Benefits of Malpractice Reform
Earlier this month, the Congressional Budget Office (CBO) said medical-liability reforms could save about $11 billion annually. This assessment is a gross underestimate of the potential benefits of reform and ...
Terminating Fiscal Conservatism
‘For several years, we kept the budget wolf from the door,” said Gov. Arnold Schwarzenegger in his State of the State Address. “But the wolf is back.” Two days after ...
Investment Accounts For Me, But Not For Thee
The Left strongly opposes Americans controlling their own retirement funds through personal accounts. Senator Edward Kennedy (D., Mass.) says, “It would be an enormous mistake to substitute personal accounts for ...
If Outsourcing Is a Problem . . .
Not only has the extent of offshore outsourcing of American jobs been exaggerated, but — when motivated by underlying market fundamentals — offshoring actually benefits America. That said, much of ...
Gray Davis Is Governor…
Is California Governor Gray Davis destined to become the next Lynn Frazier, the only governor to be recalled from office? Frazier’s story is remarkably similar to Davis’s, and it provides ...
California’s Other Catastrophe
Lost in the chatter about California’s budget crisis, electricity crisis, water crisis, and now recall crisis, is the workers’ compensation crisis. ...
Minimum of Understanding
What do a New Mexico city council, a New York City legal institute, and a San ...
California Tax Follies
Winston Churchill once remarked: “For a nation to try to tax itself into prosperity is like a man standing in a bucket trying to lift himself up by ...