Wednesday, May 9, 2012

California stinks, say CEOs. Hey, what do they know?



 by


For the eighth year in a row California is ranked at the absolute bottom of 50 states for business, according to Chief Executive magazine.

What do they know? The esteemed Gov. Jerry Brown says California’s just swell for business.

Well, OK, Jerry isn’t and hasn’t been a CEO and this is an annual poll of chief executive officers who run actual businesses. He’s a politician and a “progressive.” Did we mention it’s been eight years in a row that California finished dead last?

You’d think that in a state with companies like Apple, Chevron and Google, things would be a bit more, well, swell.

“California’s enduring place of perpetual decline continues in this year’s ranking,” the magazine says.

“Once the most attractive business environment, the Golden State appears to slip deeper into the ninth circle of business hell.”

For example when finding itself in a hole, California keeps digging: “A California Chamber of Commerce-sponsored job creator bill that would have protected employers from inappropriate litigation by affirming they can rely upon the state government to provide them with information regarding how to comply with the law failed to pass the Senate Judiciary Committee yesterday on a vote of 2-3.”

Brown, who is governor and those legislative leaders who also call themselves “progressives,” don’t seem to get it. They have a lot in common with the elites running European nations who also call themselves “progressives” and don’t get it.

Oddly enough, it seems Americans understand what European elite “progressives” don’t.

For example, “A new Rasmussen Reports national telephone survey finds that 61% of American Adults believe cuts in government spending would do more to improve the economic and financial situation in France and Greece than increases in that spending. Just 20% think more government spending is the better way to go.”

Even so, in France and Greece last weekend’s elections seem to signal a return to “progressive” tax-and-spend policies. Oh, if France and Greece only were run by American Adults.

Wait a minute. American Adults run California don’t they?
Well, that depends on how you define adult, we guess.
CEO magazine’s poll seems to say California has some growing up to do.

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