California Demon

The American Spectator ^ | Juy 11, 2012 | John Fund

[Cincinatus' Wife]

THE LATEST UNEMPLOYMENT NUMBERS show the economic recovery stalling. But as weak as the national economy is, it’s nothing compared to the condition of some states whose policies are guaranteed to scare away jobs and investment.

Call it the European Disease: Run up spending and debt, raise taxes in the name of balancing the budget, and then watch as jobs flee, deficits rise, and credit ratings fall.

Chief Executive magazine has just come out with a survey of 650 corporate CEOs on the business climate in their states.....

...California was dead last in attractiveness to business for the eighth year in a row, while Texas came in first for the eighth consecutive time.

[SNIP of GOOO-OO-OOD reading]

.....If there’s a line out the door at a Carl’s Jr. while employees are seen resting, it’s because they aren’t allowed to help: Break time is mandatory.

“You can’t build in California, you can’t manage in California, and you are taxed to death,” says Puzder. “In Texas, it’s night versus day—which is why we built 300 new stores there last year.”

.....good news for states that have the courage to implement real reform. For years, Louisiana’s policies were hostile to business and caused the state to lose population every year. But...Bobby Jindal has aggressively moved to change that. In 2006, in the wake of Hurricane Katrina, the Chief Executive survey ranked Louisiana 47th in business climate—on the same level as Massachusetts. Now the state has moved up to 13th place, rising from last year’s 27th place—an astonishing turnaround.

.....Asked by Chief Executive exactly why he thinks it so important to reduce business costs in his state, Governor Walker replied: “I’ve never seen a store get more customers by raising its prices, but I’ve seen customers knock down the doors when they cut prices....

[ex-Texan]

In some states (e.g. Pennsylvania) the police and firemen were forced to accept minimum wage pay because the municipalities are BK. Coming very soon to California. A buddy of mine for about 20 years just was forced to move from LB, CA and is on the road right now to Colorado. He speaks first hand about gang violence and methheads selling drugs openly without regard to "law enforcement." The entire system is broken. Get ready for camp fema if you live in a high crime area or state because that is coming right our next phony election

JMHO and sorry about that but there is not much help left

[Attention Surplus Disorder]

“I feel so sorry for California, it is one of the most beautiful states in the country and it’s dying a slow and agonizing death. The problem is the parasites are fleeing to other states and ruining the very politics that allowed their new hosts to thrive.”

So true, but I strongly believe TX will resist the temptation to Californicate itself.

The GOOD news about CA is that if we get a few more of these muni BKs, the trend will accelerate with a violence that will be jaw dropping. If you asked me a year ago when CA will hit rock bottom, I would have said (and did say) ten-plus years. As things are, I think it could happen in 1-2 years. And that’s a plus. Too late for the next election to shift how CA immutably throws its electoral votes, of course, but this lesson will be learned, that’s a guarantee.

Wait; I’ll rephrase that. The pain will be experienced, it will occur. That much I can guarantee. But I can’t guarantee any lesson will be learned.

[Cringing Negativism Network]

Well yes, and no.

You (completely) disregard the growing problem:

Americans no longer make things. We have exported our production.

That has masses of problems, and they are growing rapidly.

We need to re-address manufacturing to America. Now.