“It’s time for public employee unions to wake up and take a look around. Government services are shrinking, cities are crumbling, and they’re enjoying pay and benefit packages that many in the private sector would kill for. They need to give a little back…Because up and down the state of California, and beyond, public officials foolishly negotiated contracts they can’t pay for without taking a cleaver to basic services, including police and fire protection, park maintenance, street repair.”
California’s total government debt, at all levels, is estimated between $848 billion and $1.126 trillion. Funny how the word “trillion” crops up in reference to debt when Democrats are in charge of things…
The New York Timesall but comes out and says that the LA Times is an extension of the Democratic Party. Which is why both the MSM and the Left are panicking that it might be sold to the Koch Brothers.
In a rare spot of good news for California, their revenue are running just far enough ahead of schedule that they no longer need to make do with internal borrowing between state agencies. But I would suggest that this windfall will prove to be temporary…
Texas once again named the best state for business by CEO Magazine. And California was once again named the worst.
“Which state had an industrial disaster due to lax regulatory standards?”
Which state has regulatory standards chasing large and small established businesses to other states? Which state is about to suffer a financial disaster due to half-a-trillion dollars of unfunded pension debt?
When Hilton Worldwide moved corporate headquarters from Beverly Hills to McLean, Va., 80% of the employees moved east with the company.
254 California companies conducted “disinvestment events” that resulted in some or all of their jobs being placed outside of California in just 2011. Still looking for 2012 results.
But the bottom line? California businesses can reduce costs by 20 percent in many states and up to 45 percent in “hinterland” areas, to quote Gov. Jerry Brown’s spokesman.
Which state had an industrial disaster due to lax regulatory standards?
“Which state had an industrial disaster due to lax regulatory standards?”
Which state has regulatory standards chasing large and small established businesses to other states? Which state is about to suffer a financial disaster due to half-a-trillion dollars of unfunded pension debt?
When Hilton Worldwide moved corporate headquarters from Beverly Hills to McLean, Va., 80% of the employees moved east with the company.
254 California companies conducted “disinvestment events” that resulted in some or all of their jobs being placed outside of California in just 2011. Still looking for 2012 results.
But the bottom line? California businesses can reduce costs by 20 percent in many states and up to 45 percent in “hinterland” areas, to quote Gov. Jerry Brown’s spokesman.
I would LOVE to get out of Kaliforniastan and move to Texas. Been to the DFW area many times, and enjoyed every minute of it.
Just have to wait until the wife retires….