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Author Topic: The Great California Exodus: A Closer Look  (Read 747 times)

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Offline Ptarmigan

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The Great California Exodus: A Closer Look
« on: September 25, 2012, 03:14:12 PM »
The Great California Exodus: A Closer Look
http://www.manhattan-institute.org/html/cr_71.htm#.UGIRIEbbgZR

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The data also reveal the motives that drive individuals and businesses to leave California. One of these, of course, is work. States with low unemployment rates, such as Texas, are drawing people from California, whose rate is above the national average. Taxation also appears to be a factor, especially as it contributes to the business climate and, in turn, jobs. Most of the destination states favored by Californians have lower taxes. States that have gained the most at California’s expense are rated as having better business climates. The data suggest that many cost drivers—taxes, regulations, the high price of housing and commercial real estate, costly electricity, union power, and high labor costs—are prompting businesses to locate outside California, thus helping to drive the exodus.

Population change, along with the migration patterns that shape it, are important indicators of fiscal and political health. Migration choices reveal an important truth: some states understand how to get richer, while others seem to have lost the touch. California is a state in the latter group, but it can be put back on track. All it takes is the political will.
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Offline DumbAss Tanker

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Re: The Great California Exodus: A Closer Look
« Reply #1 on: September 25, 2012, 04:41:09 PM »
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Most of the destination states favored by Californians have lower taxes.

Not that that would rule out all that many places...
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Offline JohnnyReb

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Re: The Great California Exodus: A Closer Look
« Reply #2 on: September 25, 2012, 04:52:31 PM »
California or Bust.....1930's

California Busted.....2010's
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