If California is such a hostile business climate, why is it kicking everyone else's ass (like Texas)

[SunSeeker]

...
California job growth has more than doubled Texas, even though the state isn’t twice the size of Texas (more like 31 percent more populous).

Now Texas was more resilient during the last economic recession, with its high energy prices keeping its energy sector fat and happy. But with the collapse of oil prices, Texas isn’t soaring during these times of economic growth. And with increased global emphasis on renewable resources, Texas will have to further diversify its economy, like California’s, if it’s to thrive and prosper in future years. (Of course, given that the GOP is funded by oil money, predominantly from Texas, good luck with trying to shift away from that. ...)
...
But the point here isn’t that Texas sucks and California (or New York) is better. The point is that as much as conservatives claim California is a dysfunctional communist dystopia, the reality is that it continues to be the global driving force in entertainment and technology, is one of the world’s premier agricultural producers, and there is no slowing this juggernaut. Heck, if Detroit doesn’t evolve quickly, California will be the future of the auto industry as well (Apple, Google, Tesla, Future Faraday, and Uber)!

And it accomplishes all that despite its high cost of living, taxes, and regulations. Apparently, there is more to a positive “business climate” than low taxes. Otherwise, that unemployment map above would look a heck of a lot different. 

http://m.dailykos.com/stories/1463424

[rjsquirrel]

1. Both Cali and Texas have a big problem

of not enough water.

[Live and Learn]

2. A lot of states and countries are going to have a problem of either not enough water or too much

Last edited Wed Dec 30, 2015, 06:40 AM - Edit history (1)

too soon. Not sure what your point was.

[Human101948]

3. Distraction...

Glad you didn't fall for it.

[daleanime]

4. Yeahup.....

Surprised poster didn't just yell 'squirrel'.

[Sen. Walter Sobchak]

5. California is a great place to do a lot of things

and there is a culture of innovation here that is unmatched anywhere else in the world. But it isn't a great place to do anything industrial out of anything other than sheer necessity.

The most "business friendly" policy in California is that non-compete agreements are unenforceable. A company like Intel couldn't have been started anywhere else because the founders would have been sued into bankruptcy by their former employers anywhere else.

But the problem as I see it is the fields in which California is thriving today just aren't going to have the same uplifting effect the say the aerospace industry did post-war. The barriers to entry are just too high, that isn't really anyone's fault but celebrating Apple, Google and Uber and then saying everything is just great is sort of disingenuous.

[Cha]

6. Cons lie a lot. they cannot stand it that good ol California.. land of the movie stars is doing so

well! "Regulations"!! Minnesota is doing well too with just such ungodly implementations.

Didn't Kansas have some low low taxes and what happened to it?

Thank you, SunSeeker~

[shadowmayor]

7. Hot air or just wind?

Texas leads the country in wind energy generation. Once the ranchers figured out how much money was to be made by placing windmills on their property it was "Katie bar the door"! Solar has also started to crawl out of the Texas ooze. Stay tuned, 'cuz nothing motivates this state like makin' money! And the politicos can't figure out a way to blame the Mexicans for this green energy boom yet.

[rafeh1]

8. Forgot about spacex

Making rockets which beats the pants of russia china india and eu.

Then u have uber airbnb

[Dr. Xavier]

9. both my wife and I are natives but when we retire

we will put our home behind us and never look back. California sucks, just saying.

[SunSeeker]

10. Enjoy your retirement.

California is a very diverse environment, with bustling cities, serene deserts, dramatic coast line and magnificent mountains. I have been all over the United States - and much of the world-- and So. Cal. is my chosen home. I love it. Although California offers something for everyone, I am aware it is not for everyone.

[Throd]

13. Sadly, I will probably do the same.

[NBachers]

11. I spent Christmas tripping around my home town. I love it here!

[SunSeeker]

12. Beautiful!

[mackerel]

14. Me too! Great pic!