Ever tried running a small machine shop or done manufacturing, etc? You want to talk about regulation . . .
Obviously, many business owners in CA are not as nimble, as they are fleeing the state, closing shop, letting people go. My sister-in-law just got laid off from a small firm. Another family member of mine let his employees go, as the compliance and taxes didn’t warrant their continued employment and the burden managing them. Out in the I.E., we may approach a 20% real unemployment rate, but the CA legislature is doing nothing to promote growth. In fact, after the largest tax increase in history, they still want to increase taxes.
From my perspective, a taste of what is to come from the federal government. Maybe those millions and millions of green jobs will save us though? I’ve always wanted a windmill on top of my car.[/quote]
Real estate, financial holding firm, performance venue, coffee shop, restaurant.
I have a lot of experience in business.
I really don’t think that its the taxes that are keeping us down.
Just dropping taxes fixes little right now.
I do think there is a good argument for some deregulation of some industries but deregulation again does little just as a mindless mantra.
The neo-classical view that the economy always achieves the best when left alone flies in the face of reason and centuries of economic history. The credit freezes that riddle our history from 1800 to 1910 are testament to that. It makes more sense to say that sometimes the economy sucks and sometimes the government is in a position to help with that.
If you can’t run a business that succeeds, it is a weak argument to say that the government forced you into failure. It reminds me of Hillary (or John McCain or John Kerry or Al Gore) claiming that the media caused them to lose. If you can’t play, step back.
