A new report calls the lie on the grand Paris climate change treaty. None of the promised cuts in CO2 emissions that 200-plus countries made will come close to preventing a climate “catastrophe.” And many of the industrialized nations aren’t even living up to the promises they did make. . . . What did it […]
If you care about global warming, you must like wind power, right? But what if wind power itself ends up contributing to a warmer climate? That appears to be the case, according to a new study.
Every election, politicians talk about the need for more job training programs. What they don’t tell voters is that the government already spends billions on job training. Most of it is wasted. Every election, politicians talk about the need for more job training programs. What they don’t tell voters is that the government already spends […]
Global Warming: Once more, science provides bad news for global warming alarmists. U.S. CO2 levels again declined during 2017, despite overall global output again rising. Credit U.S. fracking and the natural gas boom. But don’t worry: the hysteria won’t end. The new report, based on U.S. data, shows clearly the U.S. continuing downward trend. “The […]
At a recent panel on poverty, the Congressional Budget Office made a presentation showing how income and benefit programs interact in ways that can heavily discourage work. The CBO looked at a single parent with one child living in Pennsylvania, and what would happen to her net income — from wages and benefits — as […]
In their quest for cash, municipalities across the nation are trampling individual rights and human dignity by imposing arbitrary and abusive fines on residents. In some cities, if you walk on the left side of the sidewalk rather than the right, you could be fined. BBQ in the front lawn? Face a fine. Have mismatched […]
For more than a decade, California has won high praise from environmentalists for its stringent greenhouse gas restrictions. But a new report shows that despite the enormous costs of this effort, the state is doing a worse job at cutting CO2 emissions than the rest of the country, while badly hurting its working families. . […]
Possibly the biggest reason for the Obama administration’s failure to reignite normal economic growth following the Financial Crisis was the Dodd-Frank law. It not only didn’t make the financial system safer, it all but killed small business growth. A new study released by the National Bureau of Economic Research (NBER), the quasi-private think tank that […]
The latest report from the Environmental Protection Agency shows that the emission of so-called greenhouse gases declined by 2% in 2016 from 2015 and 11% from 2005. No major industrial economy on Earth has made as much progress as the U.S.
Just five years ago, Elon Musk proposed his breakthrough “hyperloop” transportation idea, and there is already talk of building it in major urban areas. Over those same five years, California’s government-funded high-speed rail project has seen nothing but cost overruns and delays. When Musk announced his futuristic hyperloop idea — a mass transit system in […]
In less than three months, Pasadena’s minimum wage will climb to $12 an hour for those with 25 or fewer employees, and $13.25 for those with 26 or more. Those are higher than California’s current state minimum wage, which is also climbing and will hit $15 by 2022. In some respects, automation like Flippy is […]
A new analysis by the National Center for Public Policy Research found that Gore’s Tennessee home “guzzles more electricity in one year than the average American family uses in 21 years.” In one month last year, the report found, Gore’s home consumed more electricity than the average family uses in 34 months. The electricity used just to heat Gore’s swimming pool would power six homes for a year. And this is after Gore spent tens of thousands of dollars installing “green” upgrades, which he was embarrassed into doing when his energy-hogging home first came to light a decade ago. In fact, according to the NCPPR report, Gore’s home used more electricity last year than it did in 2007, before he installed all those energy-reducing features.
It’s a myth that public employees trade lower pay for pensions. Exploding salaries are driving pension costs upward. My book, “An Inquiry into the Nature and Causes of the Wealth of States,” compared salaries for state jobs. In 2014, Texas prison guards earned an average of $38,775; in California, $83,877. For police, Texas averaged $60,573; California $96,131. Texas judges averaged $158,500, while California judges averaged $212,040. California employees came off as a Gilded Age aristocracy compared with their public service peers.
Growth has been so anemic for so long, we’re now being told that this is the “new normal.” As the Bureau of Labor Statistics put it, “annual U.S. GDP growth exceeding 3% … is not expected to be attainable over the coming decade.” It lists everything as a cause, except for one thing: federal regulations.
To little fanfare and virtually no media coverage, the Congressional Budget Office sharply downgraded its forecast for ObamaCare in its latest report, issued in late March. By just about every measure, things are looking worse than they did a year ago.