Companies Can't Leave State Fast Enough (California)

Los Angeles Daily News ^ | 06-19-2003 | George Passantino

[pikachu]

My high school, Grossmont High, used to get a lot of good stuff from the Buck family to use in the industrial arts department. Some of the shop teachers talked fondly of how well the various members of the Buck family improved their products. For them to skip out of San Diego must have taken a whole lot of pressure.

[milan]

I was born and raised in California. These reasons are among many why I will never return. Yeah, I know, "never say never", but I just don't see me ever going back. The state is beautiful and the vast majority of the people are great, but California has some serious issues...even before the budget problems.

[tdadams]

When compared to other states, once-invincible California now suffers from a "competitiveness crisis"

Yes, indeed, wise sage. Compared to other states, California's taxes and regulations are simply too onerous to tolerate anymore.

[anoldafvet]

"To rescue California from this predicament, state lawmakers must view the deficit through the lens of fundamental reform. They must confront some of the state's most powerful political forces - no more pork for prison guards, straightforward performance-oriented contracts with teachers unions, and so on." This will NEVER happen as long as the RATS are in control. Get used to it Kalifornia, there are more hard times ahead.

[OldCorps]

Failed socialism. They are getting what the asked/voted for. I've no sympathy for the clueless liberals. I do feel sorry to those conservative people whose standard of living is about to be hijacked by a bunch of big government socialists.

[Normal4me]

Nice article. Not one mention of the Democrats or Gov. Davis being in charge. Are the illegals making an about face heading back to Mexico yet? That's when we'll know it's really getting bad there. ;-)

[unixfox]

ILLEGALS moving in...

BUSINESSES moving out...

What's wrong with this picture?

[Redbob]

Company I work for, Peterbilt, left California for Texas about 10 - 12 years ago. Had closed the plant in Newark, Calif. 10 years before that.

[tdadams]

This is exactly why I believe in federalism, competition among the states. No state can go too far off the deep end taxing and regulating its citizens and businesses before people start moving out to more hospitable states.

It's sad to see California and the people still living there suffering the consequences of decades of bad governmental decision making and governmental greed, but that will only last so long. The writing is on the wall and only drastic, pro-market changes will reverse its course now.

[BushIsALiberal]

California's econazis and high-tax-and-high-spend state government have made the state unattractive to any business that doesn't physically have to be there (meaning anything but a campus bookstore). But the state's extreme housing costs also translate into extreme hiring costs that make it uncompetitive.

[Prof Engineer]

was born and raised in California. These reasons are among many why I will never return. Yeah, I know, "never say never", but I just don't see me ever going back. The state is beautiful and the vast majority of the people are great, but California has some serious issues...even before the budget problems.

You must have read my profile. ROFLMAO

[Taxman]

You ain't seen nothing yet.

Wait til the real estate market collapses -- every piece of real estate in CA is waaaaaaaaaay over priced, and when the bust happens, well, think "Black Tuesday," 1929.

IMHO, if you now live in CA, it would be wise to sell out and leave, ASAP.

[ErnBatavia]

California companies pay three times as much for workers' compensation as in neighboring Arizona.

It's exactly this reason that has our neighbors (very successful small underground contracting firm)in Texas at this very moment, poking around property prices etc.

[PatrioticAmerican]

I've welcomed more biz to Colorado from Kali than I can remember. Thanks, Kali! We appreciate the Businesses!

[So Cal Rocket]

CALIFORNIA lost 21,500 jobs last month - more than the rest of the country combined

Now get this... despite a so-called "hiring freeze", in the month of May alone, the State of California added 2,900 people to the state payroll!!!!!!!!!!!

[1Old Pro]

I thought when I read about businesses fleeing a state this would have been about New York.

[boris]

"IMHO, if you now live in CA, it would be wise to sell out and leave, ASAP."

I'm trapped here. My job is here (making noises of moving to Alabama) and I am nearing retirement.

My medical conditions require that I live in a large city with excellent medical facilities.

I was born in Baltimore and I could move back (were I to win the lottery)--Johns Hopkins fits the bill.

My dream is to retire to New Hampshire...but it will probably never happen. They'll wheel me out of here feet first.

--Boris

[MissAmericanPie]

Wasn't there an article on FR about how 25% of either the states spending or a cities spending was financed by the taxes laid on the employees of one successful company? I remember being horrified.