NEW YORK (CNNMoney) — Buffeted by high taxes, strict regulations and uncertain state budgets, a growing number of California companies are seeking friendlier business environments outside of the Golden State.
And governors around the country, smelling blood in the water, have stepped up their courtship of California companies. Officials in states like Florida, Texas, Arizona and Utah are telling California firms how business-friendly they are in comparison.
Companies are “disinvesting” in California at a rate five times greater than just two years ago, said Joseph Vranich, a business relocation expert based in Irvine. This includes leaving altogether, establishing divisions elsewhere or opting not to set up shop in California.
“There is a feeling that the state is not stable,” Vranich said. “Sacramento can’t get its act together…and that includes the governor, legislators and regulatory agencies that are running wild.”
The article doesn’t say that one of the biggest problems is the population. The remaining population is unqualified to work in a successful company. There are plenty of fast food, cashiers, sales folks, and yard workers. But there are very few industrial experienced people. Not to mention there are very few that are worth taking a chance on. The “Diversity” experiment has failed miserably. WHY?
The fact is we didn’t expect those that come here to become AMERICANS. We allowed them to continue and enforce their own country’s failures on us. California is an example of liberal leadership.
I stated in 2006 when Pelosi took over the speaker gavel that the nation will now experience California leadership… Was I right?
The last part in the article Gavin Newsome (Lt GOV, former SF mayor.. You may remember his “So goes the nation” statement on gay marriage) Says:
“Later this year, California will set up a new agency that will serve as a focal point for economic development and job creation, he said. Among its goals will be to reverse the perception that California is business-unfriendly.
“We’re going to start pounding away at this and begin to slowly turn this around,” he said”
Which is part of the problem. Obama set up agencies, commissions and panels to fix the economy. IF you don’t follow the advice, your pissing into the wind. I expect the agency Newsome sets up to be about as useful as tits on a bull.
Hang in there Texas, you’re our only hope. Demand that people when coming to Texas become TEXANS. Don’t allow them to bring their dumbassery to Texas and infest a good thing…
I posted the whole thing but visit Robert’s blog, American and Proud anyway. It is our Blog of the Day!