…continues to drive out businesses. I’m afraid we’re past the tipping point. The state seems doomed to me.
[Afternoon update]
Ed Driscoll has a lot more.
[Bumped]
…continues to drive out businesses. I’m afraid we’re past the tipping point. The state seems doomed to me.
[Afternoon update]
Ed Driscoll has a lot more.
[Bumped]
Comments are closed.
I’ve got a question for you Rand. You’ve been talking about California’s economic woes for years. Whatever possessed you to move there?
I moved here over three decades ago, before it got so bad. It had beautiful scenery, a great climate, and interesting work. It still does, but it’s getting more insane by the day, politically.
Ah. I thought you just moved there from Florida a few years ago. My mistake.
No, we moved back, into the house that we had been renting out.
The nice thing about Nevada is you are able to easily visit the scenery of California without the costs of having to live there 🙂
As a side note, I wonder when the tipping point will come for Mojave and the folks there up and leave for New Mexico’s spaceport which has even better weather for flying and an altitude advantage.
It would be helpful to know how many jobs and how much revenue those 254 companies took from the state.
There probably needs to be a much larger number before any changes are made.
Things are about to get even tougher for CA, especially the port in LA. I just heard that upgrades to the Panama Canal due to be completed in 2 years, will permit shipping to avoid CA port bottlenecks. Not good news for an already struggling economy.
I wouldn’t expect Sacramento to notice until some of the big companies with their big spending democrat CEOs start to move out.
Reading this I realized that most excesses of government are only enabled by the very long feedback loop between screwing up and having the bill come due. Now if only we could think of structural reforms that shorten that so that when government screws up, they *notice* in time to fix it….
I’m not sure that shortening the feedback cycle would fix things. The democrats I’ve talked to are pretty unreasoning in their support of the democratic party and their hatred of the republican party. Even the gun enthusiasts are this way.
Don’t worry — Gov. Brown and the Legislature have a plan to eat the rich and thus save the day.
California is the reason I don’t get too upset that a state the size of a telephone booth like Vermont gets to send two Senators – it helps balance out the disproportional representation within the Senate.