Top 10 Reasons Why Businesses are Leaving California

I read a blog post at www.thebusinessrelocationcoach.blogspot.com. The article was a little long, but relevant to what's happening here, so I'll summarize it for you and just jump into the top ten: The italicized excerpt below is a quote from the article:

#10 -- Unfair Taxes: The Tax Foundation in their newest report lists California at No. 48 for tax fairness – ahead of only New York and New Jersey.

#9 -- Most Expensive Business Locations: The Rose Institute of State and Local Government reported in the latest "Cost of Doing Business Survey" that California cities continue to be some of the most expensive locations to do business in the United States.

#8 -- Worst Performing Labor: The Pacific Research Institute found that California’s labor performance in a recent five-year period is among the worst performing in the nation.

#7 -- Dreadful Legal Treatment: The Civil Justice Association of California said the state ranks 44th in legal fairness to business. Los Angeles was again named the least fair and reasonable litigation environment in the entire country.

#6 -- Worst Regulatory Burden: A study by the consulting firm Bain & Co. measured the cost, uncertainty and complexity of regulations and in constructing a “regulatory hassle index” found that "California is farworse than any other state by a very significant margin."

#5 -- Harsh Treatment Motivates Exists: Again Bain & Co. (they’re a busy group) found that more than half of California business leaders – an astonishing 60 percent – said they have policies in place to restrict job growth in the state or move jobs to other U.S. locations.

#4 -- Downright Unfriendliness:: The Small Business & Entrepreneurship Council in Virginia found that California ranked 49th overall in terms of business friendliness.

#3 -- High Misery Index: The Associated Press calculates what it calls a monthly "misery index" – California is close to the bottom of the list.

#2 -- Uncontrollable Spending: Extravagant state spending continues and pollsters have found people are much angrier about California government – more than they've ever been in recorded polling history.

#1 Chief Executive magazine recently found California to be the worst state in the nation in which to do business. Texas was found to be the best.

In the worst recession that we've had in decades our legislature is busy trying to pass a global warming bill that will cost businesses plenty. Our businesses already have enough to worry about, which is why I started working with them selling PEO (Professional Employer Organization) services three years ago. It helps lift some of the burden of having employees. But even after they hire me for this service, they still have to pay plenty. The headaches are still there.

When will our legislature wake up and see that we cannot survive without business here?

What do you think?