"This news adds up to one more reason to NOT invest in San Diego, or elsewhere in CA. With a top-heavy government, a huge tax burden, and an increasingly liberal electorate, our business environment and jobs situation will only get worse. Employers and wealthy tax averse people will increasingly flee the state."
I find this post pretty funny since the fringe right always blame the same targets, the top heavy government, the so-called "huge" tax burden, and of course, "liberals" since they are always at fault for everything. Newsflash, unless you been living under a rock the neocons have been in charge for the past 8 years, and loose lending standards (i.e., lack of regulatory oversight) brought us the housing crisis we now face. Maybe a little more "top heavy" government was needed at this level of regulatory control, ya think?
Just note this, I work with business people including many VCs and California has much going for it aside from weather. To say that businesses are leaving Calif for Nevada, Florida and Texas misses the point since those type of businesses have or will move to Mexico or further overseas.
In the hight tech area I work, businessess stay in Calif due to technology innovation, a first rate educational system, overall wealth and a sophisticated investment culture. So, if you are employed in these areas, you are golden, if not, be worried, even if you move to Texas, Nevada, Florida or a third world country for that matter, yer just a disposable commodity.
It never ceases to amaze me to see these types of "opinions." Bobs, do you actually live in Calif, or watch Fox News 24/7 and flip burgers at a diner off highway 50 in Arizona?
