Skip to comments.California Wages Economic War With Sriracha Hot Sauce Factory
Posted on 05/16/2014 11:48:02 PM PDT by profit_guy
Business Climate: Los Angeles is buzzing over the possible exit of Sriracha sauce maker Huy Fong to friendlier territory in Texas. But why shouldn't it go? L.A. is so unfriendly it makes Detroit look good, according to two studies.
(Excerpt) Read more at news.investors.com ...
Companies who are based in areas unfriendly to business must either move or go out of business. Government tries to mask hostility to business through cronyism and subsidies, but, doing so drives out taxpayers. Either way, its unsustainable. But try to convince a politician of this.
If his business is profitable in California, he will be more profitable in Texas due to fewer regulations, cheaper factory and office space, and a non-union workforce. If he is a liberal or does not pay a decent/living wage he best stay in California.
As the article points out, Los Angeles has 5 Fortune 500 headquarters. Plano lags far behind with only 2.
I wouldn’t call that far behind. Plus why not compare LA to, say, Dallas?
Far more importantly, “The state has the country’s worst business climate, ranking rock bottom at No. 50, according to a new study from Chief Executive magazine, and is seeing its companies such as Toyota leave the state for Texas, ranked No. 1 by the same study.”
“As the article points out, Los Angeles has 5 Fortune 500 headquarters. Plano lags far behind with only 2.”
THAT’S what you took away from the article?? It seems you missed the whole point of it.
The owner compared California to the Communist country he fled.
So, I thinking he’s not too liberal
It's a shame. The city still has its own peculiar beauty.
Sure. Los Angeles with about 3.8 million people can compete successfully with cities with 260,000.
In that case, he’ll like Texas.
That wouldn't be fair, would it?
Your responses are mindboggling. Please don’t reply to me anymore.
The liberals who want to bring the country down to the level of, say, Venezuela would never allow that.
I must admit I'm seeing some light at the end of the tunnel, however. The incredibly annoying '60s and '70s "activists" all grown up (see: Kerry, John, for example) who made the 2000's such a landmark of BS are fading away and retiring, while more pragmatic Reagan-era kids are moving into positions of power. That would truly be "change we can believe in."
That's not hard. All I have to do is remember my childhood. I still love the California I grew up in, but it's not there any more.
I was there in the 1970s. It was not too bad at that time.
I used to work for a 1960’s hippie newspaper editor who wore granny glasses and drove a Volvo. I wrote articles that featured the businesses who advertised heavily with the paper. I asked her why she had taken something out of my most recent article. Her face formed the “ewww” expression and she said, as if handed a turd, “it just seemed so pro-business!”
There are now several generations of people like her to whom business is a dirty word. I laughed (to myself) when she was laid off. The entire paper was staffed with nearly identical people and they all hated business. The paper has since been sold many times and its readership has collapsed to the point where they give away more free copies than they sell so they can say they got the advertisements to X% of the population.
Companies and towns and people with this attitude deserve to fail.
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