posted on Jun, 5 2011 @ 09:07 AM
California is committing suicide (economically).... Every time they pass more laws, regulations, restrictions, prohibit this or that, and raise fees
for this or that, raise taxes etc they drive business out of the state and more Californians lose jobs.... So what do they do, they find ways to make
more laws and raise more revenue and make it worse.
It is a cycle that is going to end very badly for that state.
I was in the LA area last week and there is talk of 55,000+ jobs leaving Vernon.... Relocating to Texas, along with thousands of other businesses that
have already left the state.
California is no longer a good place to do business, some companies are not just leaving the sate, they are leaving the country, and with them, goes
millions of jobs over time.
These stupid governments (California and federal) are going to legislate their state and eventually the country into economic collapse and it seems
nothing will stop it now.
They keep thinking the economy is is going to get better on its own, but fail to realize that it is their actions that are making it worse. Their
spending budgets will only shrink, and revenues decline as more and more businesses fail, leave the state or country.
GOVERNMENT is the problem.... Get them the hell out of the way, or you are all doomed!
edit on 5-6-2011 by Fractured.Facade because: