There is an interesting article in the Oct 26 San Jose Mercury News concerning the myth of companies leaving the state of California because of high costs and a poor business climate. The part that is interesting is that jobs and businesses are not leaving the state in any significant numbers. While it is true that companies are leaving, or more commonly expanding, to new areas - it is also true that many companies are coming here to do business. According to the article, which is based upon an independent study of the issues, the net loss is less than one tenth of one percent per year.
The reason that this is important is that the huge flood of businesses leaving the State is the main reason that the governor is using for implementing many of the "business friendly" changes. The business friendly changes are designed to make more money flow to the owners of the businesses, and less to the state in the way of taxes (or environmental protection). As it turns out, there is no need to do that unless you happen to be the owner of a business that will be aided by these new regulations.
Once again, we the people are getting the shaft in order to funnel more money to the rich. This seems to be the order of the day from our representatives. Who are they representing? Certainly no one that I know. They are representing themselves and their friends. Little things like being able to purchase Hummers for free make you wonder how far they will go in their greed. (The free Hummer deal was last year, it is now a bit more expensive to purchase one. They were free because of the tax breaks that you could get if you were in a high enough income bracket. Since Arnold has 12 of the things, I guess he is in a high enough bracket. I am exaggerating with the "free" part, they weren't free, they ended up costing about $1500 after taxes.)
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