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Go west, young man, go west! …Unless you’re into being successful

“The ninth circle of business hell.”

http://hotair.com/archives/2012/05/03/go-west-young-man-go-west-unless-youre-into-being-successful/

I seem to recall,
not too long ago, California Governor Jerry Brown saying that his
state’s policies were about “California leading the country,” which, in
turn, could serve as a model for “America potentially leading the
world.” Yet again, Gov. Brown has provided an all-too-apt example of how
these United States could indeed lead the world: by doing the precise opposite of whatever it is California is doing.
It’s a darn good thing California has all of those beautiful vistas
and fantastic recreation to recommend itself, ’cause it doesn’t seem to
have much else going for it. In an annual survey,
business executives have ranked California as the absolute worst state
in the country for doing business for the eighth year in a row:
The survey considered responses from 650 business
leaders, who graded states on factors such as taxes, regulations, living
environment and more. …
California narrowly edged out New York in what the survey called “the
ninth circle of business hell,” sharing the bottom five spots with
Illinois, Massachusetts and Michigan. …
Its 10.9% unemployment rate is only lower than Nevada’s and Rhode
Island’s. A third of U.S. welfare recipients live in California, the
report noted. High state taxes and bundles of red tape make operating a
business in the state unaffordable to many companies, critics say.
Last year, 254 California companies moved some or all of their work
and jobs elsewhere — 26% more than 2010. Most chief executives in
Silicon Valley said they won’t expand in the state, according to the
survey.
Once the Golden State of opportunity, businesses and residents have
more recently been fleeing California’s legislation-happy climes in
droves. More than 1.5 million jumped ship between 2001 and 2009, instead
moving to more business-friendly locales like the survey’s number-one
state, Texas (where unemployment currently sits below the national average — don’t mess).
Try as they might, what with their well-touted forays into subsidized green energy, spectacular feats of nanny-statism
and the like, California remains an example of the havoc that
ideological mismanagement and over-regulation can wreak on a regional
economy. While their heavily left-leaning policies might be able to eke
out an existence while dragging down the rest of the nation, their
habits aren’t sustainable in the long term, and they’ve got the debt and
deficit woes to prove it.
This is exactly why federalism is so brilliant — and why we should
cut down on the federal bureaucracy and make better use of it.


Added: May-3-2012 Occurred On: May-3-2012
By: JihadKiller1s1k
In:
Politics
Tags: I’m, just, hoping, the, majority, of, states, can, avoid, being, forced, to, bail, out, these, fiscal, time, bomb, states
Location: United States (load item map)
Views: 1472 | Comments: 24 | Votes: 2 | Favorites: 0 | Shared: 0 | Updates: 0 | Times used in channels: 2
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  • Silly liberals.

    Posted May-3-2012 By 

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  • Why I moved. Sad. Used to be the finest State in the Union.Now, it has become a clear example of the failures of liberal politics and over taxation.

    Posted May-3-2012 By 

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    • @Fire37Rescue

      I love California. I used to want to live there.
      Now, I only vacation there.
      San Fran is a great place to visit.
      But its like a foreign country.

      Posted May-3-2012 By 

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    • @wharris
      San Francisco (The City) may very well be the prettiest city in the world.I have a lot of family there,as my mom was from the Bay Area. My aunt married into a very wealthy and influential Italian family there.She lives in a mansion on Green Street. Great food there as well. I miss it but not sure if I'll ever go back. Anyone working a fulltime job is taxed around 50 to 60 percent of their income if one were to add up Federal,State,Local,Property Taxes,Gas/Fuel taxes,Utility Taxes,and a More..

      Posted May-3-2012 By 

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    • @Fire37Rescue It's a shame what Gov.Schwarzenegger did to that state

      Posted May-3-2012 By 

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    • @cdlcrash
      Gray "Low Beam" Davis started the downward spiral.9th Circuit Court helped. Arnold had to deal with the liberal leftist scum that has continued ruining the State.

      Posted May-3-2012 By 

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    • @Fire37Rescue yer damn right, they get you coming and going. The politicians here never met a tax they didn't like! It's unbearable!

      Posted May-3-2012 By 

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  • California has gone from first state to worst state.
    All in a few decades.
    Thanks, Democrats.

    Posted May-3-2012 By 

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  • Comment of user 'cswartz' has been deleted by author (after account deletion)!
  • California is ranked 9th in highest household income. I personally make a little over 100K a year from my small business.

    Its also home to some of the largest corporations in the US. California cant be all that bad... not saying that its good.

    Chevron
    Hewlett-Packard
    WellsFargo
    Safeway
    Intel
    Walt Disney
    Ingram Micro
    Cisco Systems
    Countrywide
    Apple
    Oracle
    Sun Microsystems
    PG&E
    Google
    Applied Materials
    Hilton Hotels
    Yahoo
    Synnex
    Dole Foods
    eBay
    Charles Schwab
    Mattel
    Clorox
    Western Digital
    More..

    Posted May-3-2012 By 

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    • @Dear Leader Yeah and the rents and house prices, and taxes are TWICE AS HIGH as everyplace else. 10% sales tax and that's just for starters. So your $100k is the same in buying power as somebody else making half that in another state. With much less regulation and fewer stupid laws.

      Posted May-3-2012 By 

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    • @Dear Leader $100k doesn't go far in California.

      Posted May-3-2012 By 

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    • Sales tax where I live is 8.25%. I pay $1500 for a 3 bedroom 2 full bathroom, 3 story house with a backyard and 2 car garage, right near SF. It all depends what city you live in. I could live in SF with the same house for 3K if I wanted to spend the money.

      Posted May-4-2012 By 

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    • @Punch_The_Monkey It does if you know where to live and know how to spend it. I have been living here for 37 years and keep making more money every year.

      Posted May-4-2012 By 

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    • @Dear Leader yeah, sorry about that. It didn't sound too good. It's just that everything is so expensive in CA. If you're working for yourself and making 6 figures, you're doing well.

      Posted May-4-2012 By 

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  • I can't wait to get the Hell out of this state.

    Coincidentally, all of the other states listed (New York, Illinois, Massachusetts, Michigan) also have the toughest gun control laws. I don't know what the correlation could be if any, but it's true. Another reason i'm never living in any of them.

    Posted May-3-2012 By 

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  • Bureaucratic bullsh*t!

    Posted May-4-2012 By 

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  • Stupid liberals, they deserve what is coming to them, because of their stupid ideas.

    Posted May-4-2012 By 

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  • Comment of user 'Lt_Col_' has been deleted by author (after account deletion)!