Tuesday, November 22, 2011

California's Woes

This is a good story outlining how California's politics have negatively impacted business and employment in the state. And judging by this quote, things aren't likely to improve in the short term:
Similarly, though an older Jerry Brown—returned to the governor’s office in 2010—has acknowledged that California’s approach to retaining businesses may need some work, his administration considers worry about the business environment overblown. “Rhetoric aside, there are many indications that California is outperforming most of the country from an economic and productivity standpoint,” Joel Ayala, director of the governor’s Office of Economic Development, said earlier this year.

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