08/19/2018

News

Location as an Asset

The location of individuals determines their job opportunities, living amenities, and housing costs. We argue that it is useful to conceptualize the location choice of individuals as a decision to invest in a ‘location asset.’ This asset has a cost equal to the location’s rent, and a payoff through better job opportunities and, potentially, more […]

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The Costs of a National Single-Payer Healthcare System

The leading current bill to establish single-payer health insurance, the Medicare for All Act (M4A), would, under conservative estimates, increase federal budget commitments by approximately $32.6 trillion during its first 10 years of full implementation (2022–2031), assuming enactment in 2018. This projected increase in federal healthcare commitments would equal approximately 10.7 percent of GDP in […]

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Struggling To Stay Afloat, The Real Cost Measure in California 2018

Struggling to Stay Afloat seeks to measure the real costs of living in California’s communities and increase awareness and understanding of the hardships families face in meeting them. Among the questions this report seeks to answer are: What is the true rate of financially challenged households? How many are led by working adults? What do […]

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Addressing America’s Reskilling Challenge

Renewed economic growth, a booming job market, and the evolving nature of work are transforming the face of the labor market, resulting in changes in the skills American employers need, as well as new and different opportunities for American workers. In the United States, investment in skill development is largely “frontloaded” during the first 25 […]

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The State of Competition and Dynamism: Facts about Concentration, Start-Ups, and Related Policies

Over the past few decades there have been troubling indications that dynamism and competition in the U.S. economy have declined. This paper describes the state of competition in the economy, related patterns in entrepreneurship, and policies that promote or inhibit competition. Business dynamism and competition are inherently intertwined, though the linkages are complex. Dominant firms […]

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Out of Reach, The High Cost of Housing

Out of Reach documents the gap between renters’ wages and the cost of rental housing. The report’s Housing Wage is the hourly wage a full-time worker must earn to afford a modest rental home without spending more than 30% of his or her income on housing costs. It is based on HUD’s Fair Market Rent […]

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Cost of Residential Electrification

The analysis, conducted by Navigant Consulting found that in homes with natural gas appliances, swapping those appliances for all electric alternatives would cost the average household in Southern California more than $7,200 to upgrade wiring and electrical panels and purchase new appliances. This, along with higher electricity bills, could increase energy costs up to $877 […]

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California Natural Gas Poll

A separate, recent poll conducted by the California Building Industry Association (CBIA) found that when purchasing a home, only one-in-ten would choose solely electrical appliances and fully two-thirds of voters oppose eliminating the use of natural gas in California. Moreover, recent and proposed updates to residential energy efficiency standards, mandated by the California Energy Commission […]

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California Employment By Income

•Compared to 10 years ago, average annual pay for low-wage earners in California — people making under $27,000 on average — has increased by only 17 percent. Middle-income earners — those making an average of $55,000 — have seen wages rise 29 percent. High-wage earners — those making an average of $83,000 — have seen […]

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California Migration

•From 2006 to 2016, 1,090,600 more people moved out of California to other states than moved from other states to California. •Migration and income trends vary by region. The Bay Area, which had the highest percentage gains in high-wage jobs, has experienced overall net migration growth since 2014. By contrast, Los Angeles and the Inland […]

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Current State of the California Housing Market

Over the decade ending in 2016, more people moved out of California than moved in, and the state still has the highest housing costs in the nation. Job growth is up across low-, mid- and high-income earners, but while wages have increased across all categories, low-income earners haven’t seen their paychecks increase at a comparable […]

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Homelessness in California

California should do more to address homelessness. Currently, California has more people experiencing homelessness (the homeless population) than any other state in the nation, and it does a poor job of sheltering this vulnerable population. According to the U.S. Department of Housing and Urban Development’s (HUD) 2017 annual homelessness report to Congress (2017 homeless report), […]

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Ten Thousand Commandments: An Annual Snapshot of the Federal Regulatory State

Federal regulatory burdens can operate as a hidden tax. Unlike on-budget spending, regulatory costs are largely hidden from public view. This can make regulation overly attractive to lawmakers. For example, a new government job-training initiative could involve either increased government spending or new regulations that require businesses to provide such training. Just as firms generally […]

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Costly Subsidies for the Rich

In his study, Winegarden examines what local, state, and federal governments are spending on subsidies for electric car purchases and manufacturing, and the installation of charging stations. According to his research, 79 percent of electric vehicle plug-in tax credits were claimed by households with adjusted gross incomes of greater than $100,000 per year. Households with […]

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Higher Education and Latinos in California

Hispanic Intenders and Parents of Intenders more likely than Non-Hispanics to support increased funding for higher education; More than half of Intenders, and Parents of Intenders support CA’s next Governor making post high school degree attainment a top priority Majority of all segments support making college affordability a priority (Intenders, Parents of Intenders, Non-Intenders) More […]

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