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As Newsom Recall Vote Looms, Corporations Are Fleeing California On The Double

As Newsom Recall Vote Looms, Corporations Are Fleeing California On The Double
texaspolicy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from texaspolicy.com Daily Mail and Mail on Sunday newspapers.

California Businesses Exiting Faster than Ever

California Businesses Exiting Faster than Ever
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The cost of California

Credit: UC Santa Barbara California, for so long a beacon of prosperity and fortune, is flagging in its ability to deliver on the promises that have attracted multitudes since the early 20th century. After decades of expansive growth, changes in priorities and governance have led to conditions that have become untenable for businesses and individuals, leading many to leave the Golden State, and causing others to reconsider their residency. On top of that, investment in the state’s infrastructure has been poor as the population has grown, leading to costlier measures down the line. That was some perspective from Lee E. Ohanian, professor of economics at UCLA, senior fellow at the Hoover Institution at Stanford University, UC Santa Barbara alumnus and guest speaker at the recent installment of EFP Informs, a webinar series presented by the UC Santa Barbara Economic Forecast Project (EFP).

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