U.S. CEOs again call California most hostile to business

U.S. CEOs again call California most hostile to business

CEOmagIt’s a May tradition: Chief Executive magazine announces its best and worst states when it comes to receptivity to business. And in what’s also a May tradition, California is found to be the worst.

That’s 10 years in a row — a decade of dominance.

Over that same period, California saw its unemployment rate go from mirroring the national rate to having consistently among the highest rates. The Golden State is now second worst in the nation when it comes to the percentage of adults who want to work full time but can’t find such jobs.

Yet I still meet people all the time who say that California’s hostility to business is exaggerated. These same people straight-facedly argue that forcing businesses to do things like increase pay and benefits is actually in those businesses’ best interests.

Yes, this is very much an example of why California is last on the CEOs’ list.

My thanks to Joe Vranich for the tip.



Related Articles

CA, Tesla and the slippery slope to crony capitalism

The decision of Tesla to locate its “gigafactory” in the Reno area instead of California offers critics of the state’s

School budget changes: 3 reasons to hold the champagne

June 12, 2013 By Chris Reed The news that Gov. Jerry Brown appears to have mostly gotten his way on

CalWatchdog Morning Read – April 18, 2016

CalWatchdog Morning Read – April 18, 2016 Courts question cap and trade, immigration and the ADA , while hardly anyone questions