[quote=BigGovernmentIsGood][quote=Allan from Fallbrook]
And it no longer is. Not like it used to be, anyway. It has destroyed its competitive advantage, and due to not only regulation, but also due to excessive litigation and prohibitively expensive insurance that arose due to that litigation.
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The Kauffman Foundation ranks California as the 8th best state for New Economy businesses:
I suspect you are lamenting the loss of old-line businesses that polluted the hell out of the environment. While those businesses are moving out, innovative new startups are cropping up all the time.
Proposition 23 is currently polling at 45% against with only 34% for it:
It looks like it’s going to go down in flames and you can look forward to more of those businesses who make money by making the public pay for their externalities leaving the state. I say good riddance. For every pollution-based business that leaves, there will be 100 technology-based startups to take their place.[/quote]