Jerry Brown dragged Rick Scott (Florida Gov.) over California visit (Bloomington: real estate, wages)

[jm1982]

Since you want more data ...
Here is a 426 page report on the topic.
Since you like detail
This is bigger than 1 or 2 or a handful of companies.

http://www.spectrumlocationsolutions...alifornia-.pdf

[the happy guy]

Originally Posted by jm1982

Since you want more data ...
Here is a 426 page report on the topic.
Since you like detail
This is bigger than 1 or 2 or a handful of companies.

http://www.spectrumlocationsolutions...alifornia-.pdf

Let's not get carried away. A "business friendly" ranking that emphasizes tax policies and regulation environments isn't really that comprehensive

California has spawned new businesses at one of the fastest rates in the nation over the last decade, and faster than the U.S. economy overall, the report found. The state is also a leader in job creation tied to those new businesses: In 2013, California added jobs from newly established businesses faster than all but four other states.

"Does this mean California is business-friendly? Of course not," said Christopher Thornberg, founding partner of Beacon Economics, who helped prepare the study. "It means that being 'business friendly' is not the be-all and end-all of economic development." For each year since 1976, California's pace of new business creation has been faster than the U.S. rate, and often faster than Texas'...Less than 1% of all businesses that disappeared in California in 2013 were due to out-of-state relocations, according to data from Youreconomy.org, which tracks business dynamics across the country. That's in line with the average for all states. And an earlier Beacon analysis of census migration data showed that, despite California's comparatively high income tax rates, more people making in excess of $100,000 a year moved to California from other states from 2007 to 2013 than those who left.

California cranks out new businesses and jobs despite criticism - LA Times

California is not only the largest, richest and most diverse economy in the United States, but also one of the nation’s fastest-growing economies and a national leader in job creation. California leads the nation in several economic categories: it is the No. 1 state for manufacturing and technology and for capital access and it is home to the nation’s most Fortune 500 companies.

As the economy becomes increasingly global, international achievement is important to a sustainably successful economy as well. California is a global leader in agricultural output and export, in attracting and retaining international talent and investment, in innovation and entrepreneurship and in higher education and workforce readiness. California is now the seventh-largest economy in the world — gross state product is over $2.25 trillion. In the last two years, California has surpassed Russia, Italy and most recently Brazil.

Why California Leads the Nation in Private sector Job Growth | Kern Economic Development Corporation

[the happy guy]

Businesses want access to world leading research institutions and talent. And in California, that access is unrivaled, to say the least.

Top World University Rankings

#3. University of California, Berkeley
#4. Stanford University
#7. California Institute of Technology
#8. University of California, Los Angeles
#19. University of California, San Diego
#23. University of California, San Francisco
#24. University of California, Santa Barbara
#30. University of Texas, Austin
#39. University of California, Dais
#44. University of Southern California
#48. University of California, Santa Cruz
#53. University of Florida

Top World University Rankings | US News Best Global Universities

[radiolibre99]

This is an endless debate and Tule Mutts LA times article was posted again without the important piece about how over time when a lot of these start ups mature they may outsource their lower level work to other states leaving only the creative brainier work for th credentialed professionals with higher salaries. The California economy will always be a juggernaut but I doubt that's the real issue. Tout growth all you want but will it benefit the average Californian facing higher costs and less job opportunities for middle and lower middle class people. That's the real issue. Not that businesses will all flee and make LA look like Detroit at its worse.

Many solutions were proposed to keep business here in other threads. One is to help give incentives for developers to build more affordable housing by getting rid of some NIMBYism and red tape. Things to make CA more business friendly because this putting it second to this whole quality of life stuff will create uneven economic geographical development. Population hubs will just be too unaffordable.

I mean why does it have to be all or nothing? This is what I'm not getting with the blind obedience to the policies of the leaders here in CA.

[expatCA]

Originally Posted by the happy guy

Let's not get carried away. A "business friendly" ranking that emphasizes tax policies and regulation environments isn't really that comprehensive





California cranks out new businesses and jobs despite criticism - LA Times


Why California Leads the Nation in Private sector Job Growth | Kern Economic Development Corporation

The problem isn't the number of business staying or opening, it is the type leaving. The vast majority of businesses in any State are tied to their locality. It is how many businesses that are not tied to a locality leave? Such as Toyota.

Opening a restaurant, dry cleaners, flower shop, auto repair, accounting, etc are small employers. How many major companies are moving INTO CA and expanding their work force? How many major start ups will have anything more than an office force in CA (Foreign corp filing) and the major work force in another State? It isn't the numbers of business of all types, it is the number of workers that loose a job or must move to keep their job. It is also the number of businesses that remain that can hire people other than IT/STEM types, since the majority of residents are not in that field. The imbalance is a major part of the problem. Saying look CA has a LOT of IT/STEM jobs is meaningless other than to ego, if most people do not work in those businesses. What is CA doing to bring in businesses that will help with unemployment and especially for those who need work but there is no work they can do available as it moved to another State?

[jm1982]

Originally Posted by expatCA

The problem isn't the number of business staying or opening, it is the type leaving. The vast majority of businesses in any State are tied to their locality. It is how many businesses that are not tied to a locality leave? Such as Toyota.

Opening a restaurant, dry cleaners, flower shop, auto repair, accounting, etc are small employers. How many major companies are moving INTO CA and expanding their work force? How many major start ups will have anything more than an office force in CA (Foreign corp filing) and the major work force in another State? It isn't the numbers of business of all types, it is the number of workers that loose a job or must move to keep their job. It is also the number of businesses that remain that can hire people other than IT/STEM types, since the majority of residents are not in that field. The imbalance is a major part of the problem. Saying look CA has a LOT of IT/STEM jobs is meaningless other than to ego, if most people do not work in those businesses. What is CA doing to bring in businesses that will help with unemployment and especially for those who need work but there is no work they can do available as it moved to another State?

Yes very good points. It almost seems like the new motto of CA should be "Hope you majored in IT/STEM at a top university!"
The bad part of this too is that things like the minimum wage hike , which Gov. Brown acknowledged was bad for the CA economy in January will hurt those small employers like restaurant, dry cleaners, flower shop, auto repair, accounting, etc.
Space X or Google is unlikely to be hurt by the minimum wage hike, but those little mom and pops are.

[radiolibre99]

The attitude is if you can't afford a livable wage for your employees, you prolly shouldn't be in business. The vision of quality of life comes before economic practicality.

And very good post ExpatCA! My sentiments exactly. But the usual retort is that not everybody deserves to live in CA and that if you can't adapt you should move or die (as was said in a thread here on the CA forum). Other Malthusian posters in here thinks these are good policies because it will reduce the population of undesirables.

[jm1982]

Originally Posted by radiolibre99

The attitude is if you can't afford a livable wage for your employees, you prolly shouldn't be in business. The vision of quality of life comes before economic practicality.

And very good post ExpatCA! My sentiments exactly. But the usual retort is that not everybody deserves to live in CA and that if you can't adapt you should move or die (as was said in a thread here on the CA forum). Other Malthusian posters in here thinks these are good policies because it will reduce the population of undesirables.

On that note regarding population. It's always funny when people brag "Well CA or L.A is MILLIONS of people" as if that means it's the best place to live or do business.

To give some perspective , these are some cities a lot bigger than L.A or any city in CA

Guangzhou, China
New Delhi , India
Lagos,Nigeria
Mumbai, India

and many others.
I don't think anyone really looks at those cities and proclaims them great cities because their populations are huge.

[Tulemutt]

Originally Posted by radiolibre99

This is an endless debate and Tule Mutts LA times article was posted again without the important piece about how over time when a lot of these start ups mature they may outsource their lower level work to other states leaving only the creative brainier work for th credentialed professionals with higher salaries. The California economy will always be a juggernaut but I doubt that's the real issue. Tout growth all you want but will it benefit the average Californian facing higher costs and less job opportunities for middle and lower middle class people. That's the real issue. Not that businesses will all flee and make LA look like Detroit at its worse.

Many solutions were proposed to keep business here in other threads. One is to help give incentives for developers to build more affordable housing by getting rid of some NIMBYism and red tape. Things to make CA more business friendly because this putting it second to this whole quality of life stuff will create uneven economic geographical development. Population hubs will just be too unaffordable.

I mean why does it have to be all or nothing? This is what I'm not getting with the blind obedience to the policies of the leaders here in CA.

A few questions/observations:
1. You have repeatedly championed a group you identifiy as "average Californians". I'm not taking sides or making valuations of different groups, but are you suggesting that "average Californians" (whatever that definition means) are more worthy than, say, other, perhaps newer, citizens? What is the value qualification? Are you selecting winners and losers of your own preferences?

2. Given that California is the nation's leading economy, and seventh economic powerhouse in the world, why does it need to become more "business friendly", especially when doing so burdens state resources and compounds congestion and pollution?

3. Who is saying that "quality of life stuff" is more important than being "business friendly"? I agree QOL exceeds all other considerations (what's the point of living if not for its qualities) but I'm asking who you are referring to?

[jm1982]

Are you asking him to define "average " now ? Wow