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Another salutary lesson from California
Betsy's Page —
It seems as if the main service that the state of California is providing the country these days is as an example of what not to do if your goal is to strengthen and build a state's economy. What California desperately needs is for the state's industry's to expand and employ more Californians. But they keep making it more expensive for businesses to conduct their business in the state and, no surprise, businesses are moving elsewhere. The latest to announce a decision to expand somewhere else than California is Intel. The world's leading maker of microprocessors plans to create ...
Carol Platt Liebau: A Cautionary Tale for America
Townhall.com Blog's TownHall Blog —
Investors Business Daily lays out how California has gone down the tubes : High taxes, over-regulation, a government that seemingly lacks the most rudimentary understanding of what creates an attractive climate for business. What they didn't add -- but could have -- is that the state penalizes productivity and rewards failure, while fostering a political class that reeks of arrogance and entitlement. In light of the way that California's big-taxing, big-spending policies have worked out, it's more than a little unsettling that now, Washington seems to be headed down the same ...
