State Budget
Pennsylvanians Are in Dire Need of Tax Reform
Originally published by RealClearPennsylvania. Today is Tax Day. Each year, April 15th reminds us of the costliness of government spending – and why lawmakers must reduce this financial burden on…
Read More: Pennsylvanians Are in Dire Need of Tax ReformHigh taxes make for a slow-growing economy. And communities feel the pinch of high taxes as more and more native Pennsylvanians leave the Keystone State to prosper elsewhere. To remain economically competitive, Pennsylvania must lower state taxes and ensure businesses have the opportunity to succeed. Lower taxes will incentivize more individuals to call Pennsylvania their home, ultimately spurring our statewide economy forward.
Regulation
House Republicans Highlight Debt, Rendell Spending
AP article on House Republicans (at least some of them) noting the enormous burden of debt on Pennsylvania taxpayers before voting on more borrowing for corporate welfare.
Media
Read More: House Republicans Highlight Debt, Rendell SpendingRegulation
The State’s Rosy Scenarios
We live in uncertain times. This maxim is often heard in the corridors of the state Capitol where Excel spreadsheets support the marketing of new initiatives based on long-term financial…
Commentary
Read More: The State’s Rosy ScenariosEducation
“Intellectual Diversity” means no Milton Friedman?
Several University of Chicago professors are protesting the university’s plan to unveil a Milton Friedman Institute, because that would “reinforce among the public a perception that the university’s faculty…
Media
Read More: “Intellectual Diversity” means no Milton Friedman?Taxes & Economy
Two charts worth 1,000 words or more
HT: Greg Mankiw HT: Club for Growth…
Media
Read More: Two charts worth 1,000 words or moreTaxes & Economy
Electricity Deregulation in Pennsylvania
In 2010, PPL rate caps will expire, which is expected to result in a sudden rise in the price of electricity. Ending government regulation signals an end to artificial…
Media
Read More: Electricity Deregulation in PennsylvaniaTaxes & Economy
Economic Illiteracy of Presidential Candidates
Here is a good editorial in the Wall Street Journal on the economic illiteracy (or perhaps pandering with economic nonsense) of McCain and Obama. I should mention the author…
Media
Read More: Economic Illiteracy of Presidential CandidatesTaxes & Economy
Power surge in Nashville
Shortly after the release of Al Gore’s Academy Award-winning film, An Inconvenient Truth, one of our sister think tanks, the Tennessee Center for Policy Research, discovered Gore’s home energy…
Media
Read More: Power surge in NashvilleTaxes & Economy
State Personal Income and Ethanol Policy
The BEA issued their quarterly update of state personal income. Normally, my comments on these reports are limited to how Pennsylvania is lagging behind the national average (true again…
Media
Read More: State Personal Income and Ethanol PolicyTaxes & Economy
Obama: NAFTA not so bad after all
Barack Obama tells Fortune magazine that NAFTA hasn’t been as bad as he said it was. It may have been that he was pandering during the campaign, or it…
Media
Read More: Obama: NAFTA not so bad after allTaxes & Economy
Biofuels Are Indefensible
Scathing editorial by the chairman of Nestle in the Wall Street Journal on the push for biofuels (including massive subsidies and mandates from government) If there’s one certainty,…
Media
Read More: Biofuels Are IndefensibleTaxes & Economy
Economic Benefits of NAFTA
National Center for Policy Analysis has a new analysis on the economic benefits of NAFTA. NAFTA critics most frequently point to the “lost jobs” but here are some facts:…
Media
Read More: Economic Benefits of NAFTATaxes & Economy
Reagonomics Works!
A new comparative study of economic growth among countries finds that big government results in slower economic growth, whereas countries with smaller government have greater growth. They also note that…
Media
Read More: Reagonomics Works!Health Care
Voters Send Mixed Messages on Health Care
Michael Tanner on polls about health care and the divergent proposals , concluding, “as November approaches, voters will reach a fork in the road, and as Yogi Berra says,…
Media
Read More: Voters Send Mixed Messages on Health CareTaxes & Economy
How late will the budget be this year?
With the debate over furloughs heating up (also see here), House Appropriations Chair Dwight Evans announced that the House will begin debating the budget the week of…
Media
Read More: How late will the budget be this year?Regulation
Budget: WAMs in, Rainy Day Fund to be Raided
The House Appropriations Committee passed an amendment that increases the Governor’s proposed budget by $148 million (which, according to Evans’ news release, isn’t much money). This raises the…
Media
Read More: Budget: WAMs in, Rainy Day Fund to be RaidedTaxes & Economy
$4 Gasbags
Wall Street Journal looks at the absurdity of Congress’ posturing to “do something” about high gas prices – except allow increased US production of gasoline. “Pain at the Pump”…
Media
Read More: $4 GasbagsTaxes & Economy
Movin’ Out/Migration Resource and Data
Here are some resource and links related to my commentary on interstate migration: Census Data and migration report United Van Lines Data and…
Media
Read More: Movin’ Out/Migration Resource and DataTaxes & Economy
Movin’ Out
With all due respect to Billy Joel’s "Allentown," the tune which best describes Pennsylvania today would likely be "Movin' Out." For years, Pennsylvania has seen residents (particularly younger ones) move…
Commentary
Read More: Movin’ OutPublic Union Democracy
Right to Work states have higher growth
The Union Label blog looks at economic growth differences between right to work and forced unionism state.
Media
Read More: Right to Work states have higher growthTaxes & Economy
Is the minimum wage behind higher unemployment?
Mark Perry makes the case that the recent uptick in unemployment in the US is partially due to the increase in the federal minimum wage (and the pending increase…
Media
Read More: Is the minimum wage behind higher unemployment?Regulation
The Nanny State Mentality
Anyone who has observed politics for long would see that too many politicians believe nothing positive would happen unless they pass a law requiring it. They think that the American…
Commentary
Read More: The Nanny State Mentality