Carl's Jr./Hardees HQ Relocating From California to Tennessee (solutions, cost, economic)
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For years, Andrew F. Puzder, the CEO of CKE Restaurants, the parent company of the Carl's Jr. and Hardee's fast-food chains, has been telling the world that while the U.S. government makes life needlessly miserable for businesses, California, where it has been headquartered, is exponentially worse.
This week, CKE announced that it is moving its headquarters to Nashville, Tennessee.
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In June 2013, Puzder told the Wall Street Journal that his chain would not expand in California because the state "is not interested in having businesses grow," noting among many other things that it takes 285 days to get a building permit after signing a lease. This means the chain has to pay rent for over nine months, plus the time needed to build, while not earning any revenues.
The article also details how the company spent $20 million on class action lawsuits because of some ridiculous law about the tasks managers do while on the job.
Well, they had enough and are out of there.
They should relocate to Somalia, where the gummint stays out of bidness affairs.
That is what happened here in the 1990's. 1/2 of Silicon Valley moved here. Sold their little crackerjack 1000sq.ft. homes for 3/4 of a million. Came here bought 3, 3000 sq.ft. houses on an acre and jacked rents up.
In 1990 I was paying $350 for a 3 bed, 2 bath 2 car garage.... 1800 sq.ft.
In 1997, that same home was renting for $900-$1200.
Today, that same home is renting for $2400-3000.
This city has pushed all the lower income working class out completely.
My property taxes alone today, are almost 3 times what I paid in rent 25 years ago.
Geez...everyone blames Californians for their problems.
Just read on yahoo today they are copying Eatsy or something like that where you order on an iPad and then take your food out of a cubby in the wall. Hmmm. What are all those workers going to do?
California's economic conditions continue to spiral downward thanks to a rapidly aging population, enormous debts related to pension obligations, a birth rate en route to becoming a below-replacement birth rate according to several studies done at USC and elsewhere, plunging numbers of children (age 10 and below) which have been declining for over three decades, on top of unaffordable housing thanks to liberal policies which make it einevitable as well as mandatory., terrible schools, and woeful infrastructure.
It was only a matter of time before another huge company with tons of middle class jobs followed Toyota out the door---who's next?
Those results are inevitable in blue states which have much weaker economies than red states, and that's been the case for decades as well.
California's economic conditions continue to spiral downward thanks to a rapidly aging population, enormous debts related to pension obligations, a birth rate en route to becoming a below-replacement birth rate according to several studies done at USC and elsewhere, plunging numbers of children (age 10 and below) which have been declining for over three decades, on top of unaffordable housing thanks to liberal policies which make it einevitable as well as mandatory., terrible schools, and woeful infrastructure.
It was only a matter of time before another huge company with tons of middle class jobs followed Toyota out the door---who's next?
Those results are inevitable in blue states which have much weaker economies than red states, and that's been the case for decades as well.
Where are you writing this from, opposite world?
If blue state economies have been so weak for so long, why are their GDPs significantly higher than red states? Indeed, out of the bottom 10, only two are blue.
California's economic conditions continue to spiral downward thanks to a rapidly aging population, enormous debts related to pension obligations, a birth rate en route to becoming a below-replacement birth rate according to several studies done at USC and elsewhere, plunging numbers of children (age 10 and below) which have been declining for over three decades, on top of unaffordable housing thanks to liberal policies which make it einevitable as well as mandatory., terrible schools, and woeful infrastructure.
It was only a matter of time before another huge company with tons of middle class jobs followed Toyota out the door---who's next?
Those results are inevitable in blue states which have much weaker economies than red states, and that's been the case for decades as well.
California's economic conditions continue to spiral downward thanks to a rapidly aging population, enormous debts related to pension obligations, a birth rate en route to becoming a below-replacement birth rate according to several studies done at USC and elsewhere, plunging numbers of children (age 10 and below) which have been declining for over three decades, on top of unaffordable housing thanks to liberal policies which make it einevitable as well as mandatory., terrible schools, and woeful infrastructure.
It was only a matter of time before another huge company with tons of middle class jobs followed Toyota out the door---who's next?
Those results are inevitable in blue states which have much weaker economies than red states, and that's been the case for decades as well.
California just passed Brazil to become the worlds 7th largest economy. That's some spiral. How are things going in that conservative nirvana, Kansas? That's what a downward spiral looks like.
California's economic conditions continue to spiral downward thanks to a rapidly aging population, enormous debts related to pension obligations, a birth rate en route to becoming a below-replacement birth rate according to several studies done at USC and elsewhere, plunging numbers of children (age 10 and below) which have been declining for over three decades, on top of unaffordable housing thanks to liberal policies which make it einevitable as well as mandatory., terrible schools, and woeful infrastructure.
It was only a matter of time before another huge company with tons of middle class jobs followed Toyota out the door---who's next?
Those results are inevitable in blue states which have much weaker economies than red states, and that's been the case for decades as well.
Those 75 people moving from CA should really have a large impact on their economy. They als closed offices in St Louis was that also liberal polices that drove them out
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