The Dilemma of a “Shut It All Down” Solution for Porter Ranch
Now that the Porter Ranch gas leak has been temporarily stopped there will be renewed pressure to shut down the entire storage area of 115 wells. Local and state officials are walking a tight rope between the demand made by some environmentalists and residents who suffered from the leak to close the entire storage facility […]
S & P Undermines The Argument That Budget Spending Is Up
Facing Democratic demands for more spending, the Brown administration has been at pains to show that it’s been spending more. The governor’s State of the State speech included lists showing boosts of spending, emphasizing education spending and Obamacare. An assessment of the budget from Standard & Poors, the credit rating agency, undercuts the idea that […]
This Is Why You Can’t Afford a House
The rising cost of housing is one of the greatest burdens on the American middle class. So why hasn’t it become a key issue in the presidential primaries? There’s little argument that inequality, and the depressed prospects for the middle class, will be a dominant issue this year’s election. Yet the most powerful force shaping […]
What the GOP Establishment Can Learn from Bernie Sanders
Plenty of conservative commentators have already remarked upon what the Establishment GOP can learn from Donald Trump and Ted Cruz, but the jist of the lesson can be distilled from a recent Bloomberg piece– rethink unfettered free markets, open immigration, global free trade, financial deregulation, and supply-side tax policy, and start adopting pro-productivity, pro-working-class policies […]