Viewing blog posts written by Gino DiCaro


Why Not California #14

Posted by Gino DiCaro, VP, Communications on Dec. 1, 2010

As we approach 2011, we took a quick look back at manufacturing growth and decline in the two biggest states in the west in 2010.  Looks like Texas grabbed new high wage manufacturing jobs at a clip of 1,100 per one million of its citizens, while California LOST approximately 32 jobs per one million of its own hard workers. Ouch.

 

These 2010 numbers, combined with California's 34% manufacturing decline over the last decade, and statements like the following in a recent Reuters article should be "ground zero" for the state's new Legislature and Governor in 2011.

"The first order of business for rookie Republican governors taking office in the coming weeks will be to make their states more 'business friendly' by cutting taxes and regulations.
The second order of business: Grab California companies disaffected with the state's business climate."

 





1 comments | Post your comment

Comments: 1

Dobbinite

Dec. 3, 2010 3:44 pm

Sounds terrible for the Golden State. But why is the news media still trumpeting that California is still the 8th largest economy ? Guess we can afford to lose a lot more. I don't see the Dems making things better only more expensive to live here.

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