From Sac Bee:
California is struggling to emerge from the worst recession since the Great Depression and has more than 2 million unemployed workers, plus countless others who have given up seeking work out of frustration and/or have fled to other states.
Clearly the state needs many billions of dollars in job-creating investment. But its attractiveness to that investment is, to say the least, problematic, given its relatively high tax burden, its dense regulatory structure, its deficiencies in education, transportation and water supply, and its tangled government finances.
California needs huge investment to create jobs: From Sac Bee: California is struggling to emerge from the… http://t.co/g4FySBMA #tcot
California needs huge investment to create jobs http://t.co/UBxsXexG
The State of California has been working hard to drive Industry out of the state for more than 40 years. I lost my first job, in a plant relocating to another state, in June of 1976. This plant was closed simply because changes in the air quality regulations gave no consideration to older, existing businesses, or the current level of technology, so they moved the business. Over the years I have had several jobs. In almost every case, either moving out of California, or avoiding moving into California was always an issue on the table.
If you think there is a problem now, wait until AB 32 goes into effect. Every manufacturing company in the state will be trying to relocate. They only have to move to AZ, or NV to find a state happy to help them, versus a state delighting in making them miserable. With
AB 32 we can’t even blame the government. The people voted for this dumb idea, not just once, but twice. When your job moves away, or the cost of gasoline and electricity go up by another 50%, and you want to know who to blame, go look in the mirror.
At some time, the residents of this state will come to undersstand that there is no such thing as a non-economic business decisssion. When the cost of doing business exceeds the cost of relocating, they will relocate. Everyone needs to understand that a company makes decisions about spending the same way you do. It is always cost versus benefit. When the cost exceeds the benefit, you don’t spend the money.
How much more must we invest? all the money the State has taken has not produced a single job other than the ones they spent and wasted. I say lets cut their pay, no good work, no pay. Perhaps that would cure them of their spending other people’s money problem .
We must do a few things first. A “huge” investment isn’t going to come here the way things are. We need to shrink government and all of the regulatory bureaucracies . We need to de-fund the EPA. We need to enforce E-Varify. We need to get our moneys worth out of those who say they are here to “make a better life”. We need to stop those seeking to drain regular citizens by inflating housing costs. We need to stop supporting foreigners from every other nation on the planet. We need to elect “real’ people to government offices. We need to pay attention more to who is running our state and what their agendas are. If we don’t do these things (and possibly more) big business won’t come back and small business won’t have a chance to become “big”.