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California is struggling because of its real estate crisis and the lack of jobs in construction. Plus many of the banks have had cuts, but you are hard pressed to find a state with tons of job growth in finance/banking.
For the college educated in technical fields and health care, California is doing relatively well. Engineers, computer programmers, and health care professionals, etc... are adjusting to the modern economy. EVERY SINGLE STATE is struggling to provide a lot of good quality jobs for residents without college degrees. Working at Target, Wal-Mart, McDonald's, Home Depot, etc... is becoming the norm, for $8-$15 per hour. So yes, unemployment might be "low", but they aren't necessarily good jobs in many states.
Uh, CA had a fiscal crisis when the economy was growing. They always spend more than they have and used smoke and mirrors to hide what they were doing, from, well, .... no one as we all knew. Trouble is the "people" kept voting the same people back again and again and again ...
Isn't one definition of insanity doing the same thing over and over again and expecting different results?
Oh, there's no question that you can afford more for your money in Texas, even after adjusting for the extremely high airconditioning bills. For some reason though, more people would rather pay a higher price to stay here.
I notice that you "forgot" to mention how many businesses are being created? Companies move INTO California and are formed here. Noting one thing and not the other is kind of like mentioning that you've been spending more on groceries and saying that you will be ruined because of it. There are other factors in a household budget than groceries.
As the old saying goes, "Statistics don't lie, but liars use statistics".
New businesses have fewer employees and make less money than established companies that leave, lending up with a net deficit.
Now about your "statistics", how about showing how the "new' companies produce more income for CA and Californians?
Posts #2 and #44 examined the situation and presented excellent responses, so will not add to those opinions at this time. Will just add a one word explanation for virtually every single one of California's problems. That word is Liberalism.
Location: where you sip the tea of the breasts of the spinsters of Utica
8,297 posts, read 14,164,711 times
Reputation: 8105
Quote:
Originally Posted by BlackShoe
Posts #2 and #44 examined the situation and presented excellent responses, so will not add to those opinions at this time. Will just add a one word explanation for virtually every single one of California's problems. That word is Liberalism.
Wouldn't you be happier living in Texas? There aren't many liberals, and the apartments are going real cheap right now.
I think it would be great if most conservatives were able to move to the parts of this country that would welcome them and their ideas, and often even religion. Then we liberals could have California mostly to ourselves ..... just standing near to conservatives foaming at the mouth with their hatred makes my skin crawl (I guess hatred must be infectious!). It's not so much financial conservatism but moral conservatism, and also the kind of person who wants to build up an already bloated military by taking away necessary social services, and then talks about limiting govt.
Wouldn't it be nice in this one way to voluntarily live apart, to be Separate But Equal?
In 2011 an average of 5 companies left California each and every week, taking their jobs with them. This trend is accelerating not going away.
Reasons given for leaving California:
*1) Poor rankings in surveys by business organizations and other sources.
*2) Unfriendly business climate and more adversarial positions and attitudes toward business. It is so much easier to do business in other states.
*3) Uncontrollable public spending.
*4) Provable savings elsewhere, in cost to do business.
*5) Most expensive business locations in the country.
*6) Unfriendly legal environment for business, making it difficult to do business in California.
*7) Worst regulatory burden of any state. Instead of having just half a dozen agencies each having several departments, in California as many as 50 or more agencies have to approve every time you do something. A real job producing fiefdom that other states think is archaic as do businesses, and drives business out of town.
*8) Severe tax treatment, and every time the taxes are increased more companies and middle to upper income people leave which reduces the amount of taxes collected. State income tax collections down 16% from last year. Sales and use taxes way down again this year.
*9) Unprecedented energy costs. Much lower other places in country.
*10) State is known as Taxifornia due to having the highest personal income tax in the nation, and 4th highest sales tax rates. Governor Brown proposes to only “temporarily” raise personal income rates by 25% on any of the rich folk who haven’t already left. This tax the rich attitude will drive even more middle and upper income people and their job producing businesses from the state.
And for every business that leaves the state, several more decide not to open up in California for the same reasons. A big reason for about the highest unemployment rate in the nation.
Upper and middle class people are fleeing the state in large numbers, following the jobs. This is why the proportion of the white European ancestry population in the state has dropped to 41% of the residents. The upper and middle class white population is being replaced by Illegal Alien population, and poor people that are legally in the state. The more the middle and upper population leave the state the more liberal the state becomes, and the more problems the state has.
California is considered the worst state in the nation to locate a business.
Los Angeles is considered the worst city to start a business. Leaving Los Angeles for another surrounding county can save businesses 20% of costs to do business, so they are leaving the city.
Businesses say that saving 20% is good, but leaving the state for Texas can reduce the costs of running a business up to 40%.
Do you think this may be why California lost 120,000 jobs last year and Texas gained 130,000 jobs.
California average personal income $44,481. Texas average personal income $39,593.
Compare cost of living with $44,481 in California living in Cupertino Ca, against Austin Tx and you can live at the same standard of living with only a $21,485 income, which would give you those moving to Austin a hot spot for electronic industry a huge higher standard of living increase when you consider how little different the salaries are. Yes the cost of living is less than half of what it is in Cupertino, but the salaries only average about 20% less. A big reason companies and people are fleeing California. Yes in Austin they can afford to buy a home as the homes in Austin of the same caliber are 75% less than in Cupertino. San Jose area unemployment rate 8.6%, Austin Tx, 6%.
Quote:
Originally Posted by TVC15
You explained it well but the CA cheerleaders can't grasp any of this. You are right on!
Except no, he's not right on. His post is full of holes.
1. he doesn't state how many new business open or move to California to offset the ones leaving
2. he doesn't state the nature of the businesses leaving, nor their revenue, nor employment levels
3. he doesn't match the above list of point #2 with stats of new companies and arrivals
4. he claims taxing the rich is driving them out of the state -- when it's not ... proof please (there is none ... the rich can afford to live wherever they want ... and they clearly want California as evidenced by the expensive coastal real estate remaining expensive)
5. he claims the reason for high California unemployment is businesses leaving and others deciding not to start up here -- which is nonsense: the entire reason for the high unemployment is the crash of the housing market ... this has been researched and written about endlessly
6. California lost jobs because of housing ... Texas gained because of numerous Federal and state subsidized reasons
7. he claims upper and middle class are "fleeing in large numbers" but provides no proof
And, he repetitively chants about white European ancestry peoples fleeing -- which after a few posts begins to paint a pretty clear picture of bigotry, wouldn't you say?
Location: Central Bay Area, CA as of Jan 2010...but still a proud Texan from Houston!
7,484 posts, read 10,448,062 times
Reputation: 8955
Quote:
Originally Posted by nullgeo
Except no, he's not right on. His post is full of holes.
1. he doesn't state how many new business open or move to California to offset the ones leaving
2. he doesn't state the nature of the businesses leaving, nor their revenue, nor employment levels
3. he doesn't match the above list of point #2 with stats of new companies and arrivals
4. he claims taxing the rich is driving them out of the state -- when it's not ... proof please (there is none ... the rich can afford to live wherever they want ... and they clearly want California as evidenced by the expensive coastal real estate remaining expensive)
5. he claims the reason for high California unemployment is businesses leaving and others deciding not to start up here -- which is nonsense: the entire reason for the high unemployment is the crash of the housing market ... this has been researched and written about endlessly
6. California lost jobs because of housing ... Texas gained because of numerous Federal and state subsidized reasons
7. he claims upper and middle class are "fleeing in large numbers" but provides no proof
And, he repetitively chants about white European ancestry peoples fleeing -- which after a few posts begins to paint a pretty clear picture of bigotry, wouldn't you say?
All I can say to you is get a life!
His post was right on and without bigotry
Man you love trying to stir drama based on either your lack of comprehension or just your desire to create drama or both
Location: Central Bay Area, CA as of Jan 2010...but still a proud Texan from Houston!
7,484 posts, read 10,448,062 times
Reputation: 8955
Quote:
Originally Posted by clongirl
Thing is..I'm not a "cheerleader" or anything like that. I can only discuss from my own perspective and what is going on in Silicon Valley (where there IS job creation right now). I also understand from living abroad where many California based companies have European offices and have thrived and in most cases and HELP the market in this state since companies with any value thrive here in California. It's easy to try to compare job creation in places like Texas...sure, you can probably get a job at Walmart or as a bag boy in a supermarket--something along these lines, not requiring any sort of degree or specialized skill.
This is where I stopped reading.
Are you saying that there are no highly skilled jobs in Texas but only Wal-Mart jobs? You lost all credibility with me on that assumption.
The world’s best Medical Center with Medical Schools, Pharmacy and Dental Schools, Nursing schools and every type of medical discipline is located in TX. And guess what? They put out high degree holding individuals. Imagine that. They also employee degree holding individuals...imagine that!
Do you think the Energy Sector in Texas only employs non degreed individuals?....think again dear.
Do you think the Banking or Financial industry in Texas only employs non degreed individuals?...think again dear.
Do you think the Industrial Materials industry in Texas only employs non degreed individuals?...think again dear.
Do you think the Aeronautics Industry in Texas only employs non degreed individuals?...think again dear.
Do you think the Computer Technology Industry in Texas only employs non degreed individuals?...think again dear.
I am sick of listening to the utter ignorance about the state of Texas by those who don't know what they are talking about.
Educate yourself before you spout total and utter ignorance about something you have no clue about. You sound as if you could only get a job at Wal-Mart when you make such statements. Ignorance is no excuse.
Not real fond of Texas, but Wyoming, Idaho, and Arizona are being considered.
Quote:
I think it would be great if most conservatives were able to move to the parts of this country that would welcome them and their ideas, and often even religion. Then we liberals could have California mostly to ourselves
Conservatives have been leaving the state in large numbers for several years, and that is a major part of the problem, since these are California's most productive and wealthy persons. Since liberals believe in the concept of spending other people's money, when we are all gone who then are you going to leech off of?
Quote:
It's not so much financial conservatism but moral conservatism, and also the kind of person who wants to build up an already bloated military by taking away necessary social services, and then talks about limiting govt.
Without a stong military establishment there would be no need to be concerned about social services since we would no longer exist as a free nation.
California average personal income $44,481. Texas average personal income $39,593.
Compare cost of living with $44,481 in California living in Cupertino Ca, against Austin Tx and you can live at the same standard of living with only a $21,485 income,
Quote:
For the college educated in technical fields and health care, California is doing relatively well. Engineers, computer programmers, and health care professionals, etc... are adjusting to the modern economy. EVERY SINGLE STATE is struggling to provide a lot of good quality jobs for residents without college degrees. Working at Target, Wal-Mart, McDonald's, Home Depot, etc... is becoming the norm, for $8-$15 per hour. So yes, unemployment might be "low", but they aren't necessarily good jobs in many states.
Adjusting the average income in Cupertino California of $44,480 to an equal income for buying power in Austin Texas of $21,485 one only has to have a job paying $10.52 cents per hour to have equal standard of living as average wage in California. At your $15 figure, that is an income of $31,200 which is nearly 50% more than needed to match the average income in Cupertino or equal to an income of $64,592 in Cupertino (my old stomping grounds). The question to you, do you know how many high tech companies are setting up in Texas, and moving from California. They are moving here for the reasons I mentioned in post #44. The same reasons they are leaving or not setting up in California.
California and New York are both suffering for the same reason. The cost to do business, and the high taxes in both places are driving out the solid middle and upper financial class in the states due to their taking the profits out of businesses, and the incomes and assets of anyone with money. They are being replaced by lower educated, and often poor people both places, which is why the states are both in financial trouble. This is easily proven, as only 41% of the California population is white race (and the number is falling rapidly), being replaced by poor minorities. The better educated and higher income people are fleeing the state.
My daughter bailed out of California 5 years ago, in IT leadership position at $125,000 paid here in Montana the same as she could make in San Jose area where she grew up. To equal her income there, they would have to pay her $300,000 to adjust for cost of living. Her home alone says a lot. It is across the street from the highest priced area in town with her lane across the road from the city limits. She has 5 acres fully developed horse farm with great pasture, and barn set up for two horses. Her home is a 3,700 sq ft 4 level contemporary custom built home. Here it cost her $300,000 when prices were dropping in California having sold her home in California just as the bubble was starting to burst. A comparable home in Silicon Valley area is $1,500,000 to $2,000,000 depending on location, and her home has never gone down one penny and in fact has increased in value at least $50,000. Here her home is free and clear of loans, and would have a terrible high mortgage in California. As a 30 year commercial real estate broker before retirement I can say this as a fact. She averages 3 calls per week from head hunters trying to lure her back to California, Chicago, New York, etc., and she just laughs at them. Will never happen.
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