Wednesday, July 13, 2011
Gee, why am I not surprised? CNN tells the story:
Companies are "disinvesting" in California at a rate five times greater than just two years ago, said Joseph Vranich, a business relocation expert based in Irvine. This includes leaving altogether, establishing divisions elsewhere or opting not to set up shop in California.Yes, California is finding, like Greece and Ireland, that liberalism is ruinous to an economy. You really can't have something for nothing; someone has to pay the price.
"There is a feeling that the state is not stable," Vranich said. "Sacramento can't get its act together...and that includes the governor, legislators and regulatory agencies that are running wild."
Of course, I presume the Commiefornians will be happy to see the evil corporations go elsewhere, taking their capitalists, their jobs and their tax payments elsewhere. Then Commiefornia can once again become the natural paradise it longs to be, Gaia be praised.
I'd follow those businesses out of this Marxist fantasyland, but truth be told, I'm too long in the tooth to start over someplace else. Egad, I do envy the outward bound, however. Go East, young man, go East!
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Labels: Anti-Business, California, Economic Climate
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