The Golden State is beginning to lose its luster in large measure because legislators surely assumed that given our state’s climate and natural beauty, people would pay extra to live here. And that may have worked for a time. Indeed, having lived here for more than a decade, I am loath to leave. I love the fact that it’s November and needed only a light cotton sweater when I went out last night. I still marvel at the beauty of the Santa Monica and San Gabriel Mountains raising behind the many buildings of this megapolis. And I delight in the palm trees all around us, even right in front of my building.
But, businessmen don’t just see the natural beauty of this state, they also see how the cost of business continues to rise because of the taxes and regulations, generations of Democratic politicians have imposed on us, with all too many Republican governors acquiescing in their meddling. And so they flee the state. I recall recently seeing a TV commercial urging California “business owners to relocate to Southern Nevada.” It was part of a Nevada Development Authority (NDA) campaign reminding Californians of the “high taxes and strict business regulations” in the once-Golden State and highlighting
. . . Nevada’s business-friendly attitude and the fact that business owners pay no corporate or personal income tax and have much lower workers’ compensation rates. “Just looking at the numbers, I don’t know why a California business owner would NOT relocate to Southern Nevada,” said Somer Hollingsworth, NDA president and CEO. “Business owners would be able to make more money, hire more employees, and buy more equipment. They could do more with their business in Nevada than they ever could in California.”
It seems that Barack Obama wants to do to the United States why his fellow partisans have done to the Golden State. Yesterday, “Emerson Electric Co. Chief Executive Officer David Farr said the U.S. government is hurting manufacturers with regulation and taxes and his company will continue to focus on growth overseas“:
“Washington is doing everything in their manpower, capability, to destroy U.S. manufacturing,” Farr said today in Chicago at a Baird Industrial Outlook conference. “Cap and trade, medical reform, labor rules.” . . . .
Companies will create jobs in India and China, “places where people want the products and where the governments welcome you to actually do something,” Farr said.
Via Instapundit. What Nevada seeks to be for California businesses, India and China may soon become for American enterprises, should Obama get his way.
That California’s Barbara Boxer has become such a champion of “cap and trade” shows just how clueless that Democrat has become to the goings on in the state she represents in the United States Senate. Is she so blind about the reasons employers are feeling the Golden State that she wants to apply its regulatory model nationwide? Or maybe she thinks that the draconian regulations she proposes will even things out across the country, making California no worse a climate for doing business than any other state.
No worse than other American states, but a lot worse than foreign nations. I suggest she and President Obama inquire into the identity of a certain Mr. Galt.