Sunday, August 10, 2008

I Cry for Thee, California

The San Diego Union-Tribune echoes something we've been saying here:
A new survey of corporate executives considering relocating their firms provides fresh reasons to worry about California's economy. The Development Counsellors International survey found CEOs ranked California dead-last in attractiveness among the 50 states because of its high taxes and business-hobbling regulations.

I feel sad for my native state. It seems to be headed for the same fate as Argentina, a marvelous place crippled by bad politics.

Maybe it is time to post anew that famous sign (earlier version above) on the freeways headed out of state:
Will the last employer leaving CALIFORNIA turn out the lights?
If the CA legislature doesn't wake up, they'll have 32 million people for whom to care and next-to-no private sector jobs to tax to raise the needed money.