Comments on: State job-creation incentives fall short – again

By: gate.io

gate.io — Sun, 12 Feb 2023 08:05:13 +0000

Pretty! This was a really wonderful article. Thanks for supplying this info.

By: Richard Rider

Richard Rider — Fri, 08 Dec 2017 16:38:54 +0000

Regarding the comments made here:

Like, like, like, like, like!

By: Marty

Marty — Fri, 01 Dec 2017 18:37:45 +0000

The state has many more problems than this failed program. The regulatory environment in this state is not one that encourages companies to either start of stay in California. IMO the current far left political environment will not attract business men who are more conservative or at least middle of the road. The anti-2A legislative agenda also will not be favorable for any business in the hunting / fishing industries. The sanctuary city / state issues will eventually hurt as well, especially after the verdict today. Lastly, our extremely high taxes will not gather much favor by individuals or businesses to come or stay in this state.

By: dallas

dallas — Fri, 01 Dec 2017 18:33:02 +0000

These “job programs” are designed to help politicians and government bureaucrats who hand out the tax goodies, not the poor taxpaying citizens or underemployed Joe Median worker.

If you want more jobs, just stop the delays and denials by our bureaucratic and political rulers. For example, a proposed desalinization plant in Huntington Beach has been in the “permit phase” for 14 years while a huge number of the educated elite (bureaucrats, experts, lawyers, lobbyists, interveners, and politicians) have been earning large amounts for over a decade working on the paperwork. Meanwhile, the “Joe Median” type workers who would build, operate and maintain the facility have seen their incomes stagnate. All this money transfer to the educated elite will be funded by the average citizens on our water bills as we transfer more wealth to the “connected” political and bureaucratic elites.

Another example, So. Calif. has the best open-ocean environment in the world for off-shore aquaculture (fish farming) with good water depth, no hurricanes, or NW Pacific storms. Long Beach Aquarium did a study showing a billion dollar/yr business opportunity just providing fish to our huge population along with 10,000 or so jobs replacing some of our huge seafood aquaculture imports. Our politicians and bureaucrats keep saying we need this development but have blocked all attempts to create these jobs while increasing the number of jobs for themselves.

Eliminating the bureaucratic blocks and delays to job creation and innovation are the keys to economic growth and new jobs, not subsidies to the existing cronies. But subsidies to cronies benefit the connected political elite and will remain.

By: Dude

Dude — Fri, 01 Dec 2017 17:42:31 +0000

Governor Brown Streak.

By: Sean

Sean — Fri, 01 Dec 2017 17:14:34 +0000

California Competes will never be able to overcome California entangles. Look at their target audience, jobs in low income area meaning hourly blue collar jobs. The competing states likely have much lower power and energy costs, lower worker’s compensation costs, don’t have lawyers recruiting workers on how to sue their employers, aren’t looking at a $15 hourly wage for new untrained employees in the next few years, don’t have a regulatory quagmire and a system of enforcers ready to pounce on business interest and the list goes on and on.
The amount of money offered in a program like is a drop in the bucket compared to extra overhead businesses are subjected to for being located in the Golden State. It would make much more sense for the state to minimize read tape that leads to delays in housing construction and generate more blue collar jobs that way.

By: Richard Rider

Richard Rider — Fri, 01 Dec 2017 16:21:24 +0000

Terrific article! I’ll be sharing this.

The key metric is this: How many additional jobs were created for CA-located companies that primarily do business in other states? A proper study would take the favored companies and compare them with a carefully matched control group NOT receiving the subsidy. As a percent of the previous year’s workforce, how many additional hires occurred in each group?

I conjecture — indeed, I GUARANTEE — that the cost per job “created” by the subsidy would turn out to be absurdly high. Sadly, government seldom does this type of analysis — unless it’s a rigged liberal academic “study” (a.k.a. a con job).

BTW, I would expect California bureaucrats in charge of this giveaway to select companies (like Amazon) that will be increasing their workforce for more fundamental economic reasons. Such a biased selection would make the program appear more successful than the actual subsidy justifies.