Posted on 03/21/2014 7:02:37 AM PDT by SeekAndFind
California's economy continues to experience a tepid recovery since the Great Recession. One reason why: according to CEO Magazine, California has had the worst business climate in the nation for the last eight years, due in no small part to policies out of Sacramento.
Any economic growth in the Golden State is largely driven from the continued tech boom in Silicon Valley - although even it may not be immune to California's poor business climate. Depending on how one categorizes "small businesses"- typically, either fewer than either 50 or 100 employees - as of the 3rd quarter of 2012, between 96% and 98% of all businesses in California were "small." At the fewer-than-100-employees classification, small businesses employed 55% of California's total workforce. As such, how California's business climate affects small businesses has big consequences for growth prospects.
Earlier this month, advocacy group Small Business California released its annual survey of small business executives. While most reports noted a renewed economic optimism among executives, a more granular look at the survey's results suggest otherwise.
Roughly half of the executives surveyed believe California is heading in the wrong direction (even worse than Californians on a whole as recorded in the Hoover Institution's January Golden State Poll). This view is likely driven by the fact that, by a four-to-one margin, small business executives say the "business climate in California" is either very poor or poor, while a whopping 64% say the "business climate for small businesses" is such.
(Excerpt) Read more at realclearmarkets.com ...
Didn’t you hear? Jesse is paying them a “visit” because they aren’t “diverse” enough...
Sooner or later, Silicon Valley will discover that they cannot be billed for all the taxes in California.
Texas is now the leading tech product producing state in America.
When you support a low or no educated illegal immigrates to move to California and obsessively tax private sector workers to carry the illegal immigration and government sloths around; those who are doing the carrying leave.
Well you won’t have to worry about me. I’d never leave ca. I’m staying right here until the leftist aholes have all left for Texas.
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