The BEA also found, to the shock of all concerned, that while California was experiencing the largest tax hike in US history, the national economy grew at eight times the pace of California’s. The Texas economy, by contrast, grew 71 percent faster than the national economy that year.
California has only gained back 556,000 jobs since the recession ended, or 42 percent of those lost -- well below the national average of 60 percent regained. As a result, California's unemployment rate is still near double-digits at 9.8 percent. By comparison, Texas, which lost 427,000 jobs during the recession, has gained them all back and created an additional 265,000. -Conn Carroll
Today, California is the most spectacular failure of our time. Its government is broke. Productive citizens have been fleeing for some years now, selling their homes at inflated prices (until recently) and moving to Colorado, Arizona, Texas and even Minnesota, like one of my neighbors. The results of California’s improvident liberalism have been tragically easy to predict: absurd public sector wage and benefit packages, a declining tax base, surging welfare enrollment, falling economic production, ever-increasing deficits. -John Hinderaker, Powerline
Democrat, Liberal, Government, Incompetence, Narrative, Oops, Economy, Jobs
2019: The tidal wave of Californians headed to Texas shows no sign of slowing, with almost 700,000 leaving the Golden State last year. More than 86,000 of those California expats came to Texas, according to a new report by Yardi Systems.
“Texas takes second place on the podium among the most popular states for moving to in 2018, with almost 564,000 newcomers,” the report said...
Most of Texas’ newcomers are moving for jobs. Texas’ employment base has grown by almost 300,000 jobs in the last year.
Ad Choices
Liberal, Government, Incompetence, Degeneracy, Oops, Economy
Tom and Micki Brizes are packing up and moving their small business out of Southern California to what they say is the more business-friendly state of Texas.
"We're excited," says Tom Brizes of Aeromax. Aeromax has been in business for 32 years, mostly selling airline parts for military aircraft. The Brizes have been running Aeromax in Canoga Park for years, but say the cost of doing business in California is just too high.
They're moving Aeromax and most of its employees to Fort Worth, Texas. "There's so much regulation, that we really need to be in a place that allows our small business to grow and I feel that Texas will do that for us," says Micki Brizes.
Democrat, Liberal, Tax, Government, Oops, Economy, Regulation, Jobs
Californians fled the state in unprecedented numbers over the last decade, and their primary destination was Texas, according to an analysis issued Monday. About 5 million Californians departed the Golden State between 2004 and 2013, while 3.9 million arrived from other states for a net population loss of roughly 1.1 million... Analysts blame a host of factors for the migration, starting with California’s high tax rate and cost of living.
Liberal, Government, Narrative, Oops, Education
According to the latest figures released by the U.S. Department of Education’s National Center for Education Statistics, the Class of 2013 high school graduation rate for Texas African-American and Hispanic students topped that of similar students groups across the country.
In addition, various student groups in Texas – including White, Asian, Economically Disadvantaged and students with disabilities – rank in the top five nationally in national Class of 2013 graduation rate comparisons.
Democrat, Liberal, Incompetence, Narrative, Oops, Economy, Jobs
Fleet management software company Omnitracs LLC will relocate it headquarters to Dallas from San Diego, creating 450 jobs and $10 million in capital investment, Gov. Rick Perry’s office announced Friday. The company will move into KPMG Centre downtown. Omnitracs is the latest in a wave of California relocations to North Texas announced this spring and summer.
Tax, Government, Incompetence, Financial, Regulation
The consulting firm interviewed chief executives or senior managers of about 50 small, medium and large companies with extensive operations in the state. About 40 percent said their companies have an explicit policy to move jobs elsewhere in the United States, with Texas cited as the most frequent destination. Not counting those companies that must stay in California, such as retailers or health care providers, the proportion of businesses that said their policy is to move jobs rose to 55 percent. Another group of executives, just under 20 percent of those interviewed, said their policy is to avoid adding jobs in California, except when absolutely necessary. Businesses are clamping down on California job growth because of high costs and a burdensome regulatory environment, Bain concluded.
Democrat, Liberal, Tax, Government, Incompetence, Financial, Economy, Regulation
“I have no second thoughts, no qualms, no reluctance about what I’ve done and moved to Texas,” said Joe DeInnocentes, a California transplant. “I’m not sure I’d ever go back to California, quite frankly.” For DeInnocentes, the state economy is stronger here. His whole family is employed, he said. The state’s unemployment rate sits at 8.1 percent compared to California’s 12.3 percent. The national average is 8.7 percent. “Certainly, California is not a business-friendly state,” said Biff Comte, who is moving his entire corporate headquarters of his home health care business AccentCare to Texas.
Democrat, Liberal, Tax, Government, Incompetence, Financial, Economy, Regulation
According to the Greater Austin Chamber of Commerce, since the passage of Prop 30 in the November election, California-based company relocation inquiries have doubled, possibly tripled, in Central Texas. West Coast entrepreneurs feeling the personal financial stress of an out-of-control state budget and tax policy have heard Texas’ message, and they’re responding. Even California’s Democratic Lt. Governor, Gavin Newsom, has serious concerns about the economic impact of his state’s tax policies.
Among the 10 fastest-growing metro areas last year were Raleigh, Austin, Las Vegas, Orlando, Charlotte, Phoenix, Houston, San Antonio and Dallas. All of these are in low-tax, business-friendly red states. Blue-state areas such as Cleveland, Detroit, Buffalo, Providence and Rochester were among the biggest population losers.
Government, Incompetence, Funny
It wasn't your usual legislative hearing. A group of largely Republican California lawmakers and Democratic Lt. Gov. Gavin Newsom traveled here last week to hear from businesses that have left their state to set up shop in Texas.
"We came to learn why they would pick up their roots and move in order to grow their businesses," says GOP Assemblyman Dan Logue, who organized the trip. "Why does Chief Executive magazine rate California the worst state for job and business growth and Texas the best state?"
Tax, Government, Incompetence, Financial, Regulation
The consulting firm interviewed chief executives or senior managers of about 50 small, medium and large companies with extensive operations in the state. About 40 percent said their companies have an explicit policy to move jobs elsewhere in the United States, with Texas cited as the most frequent destination. Not counting those companies that must stay in California, such as retailers or health care providers, the proportion of businesses that said their policy is to move jobs rose to 55 percent. Another group of executives, just under 20 percent of those interviewed, said their policy is to avoid adding jobs in California, except when absolutely necessary. Businesses are clamping down on California job growth because of high costs and a burdensome regulatory environment, Bain concluded.
Editorial, Liberal, Tax, Incompetence, Oops, Regulation
“Texas easily clinched the No. 1 rank, the eighth successive time it has done so,” the report said. “California earns the dubious honor of being ranked dead last for the eighth consecutive year.” California “appears to slip deeper into the ninth circle of business hell,” the report said. “Each year, the evidence that businesses are leaving California or avoid locating there because of the high cost of doing business due to excessive state taxes and stringent regulations, grows.”
Government, Incompetence, Waste
California, moreover, is more expensive than other states. GAO auditors estimated California spends $34,000 to incarcerate a criminal alien for one year; in Texas, it's only $12,000.
Liberal, Government, Incompetence, Financial
Chevron Corp. will move up to 800 jobs - about a quarter of its current headquarters staff - from the Bay Area to Houston over the next two years but will remain based in San Ramon, the oil company told employees Thursday.
Texas even added a million-and-a-half jobs since December 2007, while the rest of the country lost 400,000...
Texas’ gross domestic product increased by more than 50 percent while spending shrank dramatically, and Texas cut taxes 75 times for more than $17 billion in savings to taxpayers.
Union, Incompetence, Education
To recap: white students in Texas perform better than white students in Wisconsin, black students in Texas perform better than black students in Wisconsin, Hispanic students in Texas perform better than Hispanic students in Wisconsin.
Democrat
With action in the Texas House brought to a standstill, roughly 50 state Democratic representatives said they would remain in neighboring Oklahoma "as long as it takes" to block a Republican-drawn redistricting plan that could cost them five seats in Congress.
Democrat
(AP) In a move reminiscent of a walkout by House Democrats 2-1/2 months ago, 11 of the state Senate's 12 Democrats fled Texas for Albuquerque, N.M., protesting a second special session on congressional redistricting.