Like I said pri I am not judging the merits or non-merits of the situation, but I see you guys talking all the time about how expensive materials are, how expensive housing is, how companies are not spending money in the U.S. and hoarding it outside in other countries, and how greedy companies are by charging an arm and a leg for housing.
And because of stories like this, why should businesses invest? Why should businesses make things cheaper? Why should businesses hire?
And yes it would be nice for companies to grow in tech, renewable energy, bio, but with all the regulations in place to stop them, why bother? You want to use Apple as a nice example, and it is, but it was started 30 years ago when there weren’t nearly as much regulations and resistance.
And maybe the quarry was going to create 100 direct jobs. How many of those jobs would result in other jobs because those 100 jobs would be spending their money in Temecula? Sure, maybe those 100 people would buy houses in Temecula, but they would also buy from the local furniture stores, buy at the local Costco, and so on. But instead the message is don’t bother doing business in Temecula, California, in the U.S. because you try to invest that money, it will be wasted away by refusing to certify an EIR.
Perhaps digging massive holes in the ground is not a growth industry, but do you think we would have been able to build a freakin’ aqueduct down the center of California with the environmental regulations today? How much would water cost here in southern California if it weren’t for that aqueduct? Ripple effect, dude.
It would be nice if we could get companies that don’t have an environmental impact, that create cheap renewable energy, and provide good jobs, but they rarely exist.
Look at that solar company that Obama championed for green jobs. Bankruptcy.
Look at Boeing, trying to expand operations in South Carolina. Federal interference.
Gibson guitars.
Just saying that next time people here call out how greedy companies are for charging $500k for a house on which they do a profit of $10k on a process that took 20 years to accomplish, you might want to consider this example.
