No news flash – SD job losses

[HereWeGo]

A bright spot in employment has been state and local government, which added 2,500 jobs in the past year.

Any guesses on a timetable for the next municipal bond crisis? I’m thinking 2-4 weeks, after the tax receipts from April 15 are officially tallied.

[Anonymous]

BobS
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.
Tax-friendly states like Texas, Nevada, and Florida beckon, and have low housing costs to boot.

Yeah, but consider the weather in those states, tornados, hurricanes, awful humidity. I lived in Atlanta for a year and though Georgia is a beautiful state, when summer rolled around, the heat and humidity were unbearable.

[Anonymous]

BobS
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.
Tax-friendly states like Texas, Nevada, and Florida beckon, and have low housing costs to boot.

Yeah, but consider the weather in those states, tornados, hurricanes, awful humidity. I lived in Atlanta for a year and though Georgia is a beautiful state, when summer rolled around, the heat and humidity were unbearable.

[Anonymous]

BobS
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.
Tax-friendly states like Texas, Nevada, and Florida beckon, and have low housing costs to boot.

Yeah, but consider the weather in those states, tornados, hurricanes, awful humidity. I lived in Atlanta for a year and though Georgia is a beautiful state, when summer rolled around, the heat and humidity were unbearable.

[Anonymous]

BobS
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.
Tax-friendly states like Texas, Nevada, and Florida beckon, and have low housing costs to boot.

Yeah, but consider the weather in those states, tornados, hurricanes, awful humidity. I lived in Atlanta for a year and though Georgia is a beautiful state, when summer rolled around, the heat and humidity were unbearable.

[Anonymous]

BobS
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.
Tax-friendly states like Texas, Nevada, and Florida beckon, and have low housing costs to boot.

Yeah, but consider the weather in those states, tornados, hurricanes, awful humidity. I lived in Atlanta for a year and though Georgia is a beautiful state, when summer rolled around, the heat and humidity were unbearable.

[DWCAP]

Despite these numbers, not all jobs are created equal. There is still a huge economic hit to the area when a 50-75k/yr job is replaced by a good hotel job paying $8/hr.

“The mix of jobs available in San Diego region continues to shift toward low-paying, part-time jobs,” he said. “By contrast, our region continues to lose solid middle-class jobs in manufacturing, construction, transportation and utilities.”

This is just more support for my opnion that the middle income areas like poway, clarmont, MM, will be the hardest hit of all. The traditional middle class areas rely on middle income people with young families. If they cant make good incomes here, they will go somewhere else.

[DWCAP]

Despite these numbers, not all jobs are created equal. There is still a huge economic hit to the area when a 50-75k/yr job is replaced by a good hotel job paying $8/hr.

“The mix of jobs available in San Diego region continues to shift toward low-paying, part-time jobs,” he said. “By contrast, our region continues to lose solid middle-class jobs in manufacturing, construction, transportation and utilities.”

This is just more support for my opnion that the middle income areas like poway, clarmont, MM, will be the hardest hit of all. The traditional middle class areas rely on middle income people with young families. If they cant make good incomes here, they will go somewhere else.

[DWCAP]

Despite these numbers, not all jobs are created equal. There is still a huge economic hit to the area when a 50-75k/yr job is replaced by a good hotel job paying $8/hr.

“The mix of jobs available in San Diego region continues to shift toward low-paying, part-time jobs,” he said. “By contrast, our region continues to lose solid middle-class jobs in manufacturing, construction, transportation and utilities.”

This is just more support for my opnion that the middle income areas like poway, clarmont, MM, will be the hardest hit of all. The traditional middle class areas rely on middle income people with young families. If they cant make good incomes here, they will go somewhere else.

[DWCAP]

Despite these numbers, not all jobs are created equal. There is still a huge economic hit to the area when a 50-75k/yr job is replaced by a good hotel job paying $8/hr.

“The mix of jobs available in San Diego region continues to shift toward low-paying, part-time jobs,” he said. “By contrast, our region continues to lose solid middle-class jobs in manufacturing, construction, transportation and utilities.”

This is just more support for my opnion that the middle income areas like poway, clarmont, MM, will be the hardest hit of all. The traditional middle class areas rely on middle income people with young families. If they cant make good incomes here, they will go somewhere else.

[DWCAP]

Despite these numbers, not all jobs are created equal. There is still a huge economic hit to the area when a 50-75k/yr job is replaced by a good hotel job paying $8/hr.

“The mix of jobs available in San Diego region continues to shift toward low-paying, part-time jobs,” he said. “By contrast, our region continues to lose solid middle-class jobs in manufacturing, construction, transportation and utilities.”

This is just more support for my opnion that the middle income areas like poway, clarmont, MM, will be the hardest hit of all. The traditional middle class areas rely on middle income people with young families. If they cant make good incomes here, they will go somewhere else.

[larrylujack]

"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?

LL

[larrylujack]

"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?

LL

[larrylujack]

"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?

LL

[larrylujack]

"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?

LL

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