patrick.net

CNN Money. "Buffeted by high taxes, strict regulations and uncertain state budgets, a growing number of California companies are seeking friendlier business environments outside the Golden State". Tami Lubby

"Buffeted by high taxes, oppressive regulations, burdensome unions, predatory lawsuits and a hostile business environment, a growing number of United States Companies are seeking friendlier business environments outside the United States". Honest Abe

Well dah???

I've got and idea to solve the debt problem. Lets start taxing the 50% of Americans who don't pay any Federal Income Tax. Its time they pay their "fair share".

Read my post on this thread before you spew:

http://patrick.net/?p=858047#comment-748841

California has had more businesses every year, even through the recession. Some move out, others move in and others create businesses here.

Lol, I was waiting for that. What kind of businesses corntrollio? Why are all the biotech jobs going over seas? I don't want a jack-in-the-crack job. You've never answered that.

This is a bit old but I suspect since unemployment in this state is higher more people are getting the heck out of here:

http://www.housingbubblebust.com/UHaulIndex/California.html

Californians need jobs that pay them enough to live a decent life. So far, (well only the past 4 years or so) I've been lucky in that respect. Hope it continues but I sort of doubt it.

just_passing_through says

This is a bit old but I suspect since unemployment in this state is higher more people are getting the heck out of here:

http://www.housingbubblebust.com/UHaulIndex/California.html

You're basing that on UHaul stats from 2006? Thanks, but no thanks.

Why are all the biotech jobs going over seas?

Please be more specific. What is going overseas and in what numbers? How has growth been here?

Nomograph says

Not everyone can compete however, and the lesser players are forced out to places like AZ and TX where the talent pool is second and third tier.

Yes, there are many factors that apply here, and it's incorrect to focus only on one. Cost of living is high, taxes are high, business regulation is high. But the talent pool is massive, and you can't always get around that. If you want to relocate to Boise, you have to find the right number of scientists/tech people/etc there. In addition, the VC environment is more mature here, so startups have an easier time finding funding. The exact industry matters too, and it's hard to make blanket statements about this kind of thing.

As with many things, the answer is likely between the two extremes.