Welcome to California. While we have plenty of problems, fundamentally, if your company can’t cut it here and decides to relocate to Texas, that’s not an indictment of California. It’s weak companies fleeing to a place where the government is more willing to subsidize their operations at the expense of their residents.
A major problem of large public sectors and large tax burdens is citizenry that thinks a government not taking more than it needs to operate is "subsidizing businesses at the expense of residents". Consider the alternative where representative governments intentionally take less at the behest of their citizens. Granted it's not always that way, but much more so than assuming the residents and business interests don't ever align and the government is always against the residents.
This especially doesn't apply in Texas where many of these relocations, while abatements exist, are often in relatively small/growing suburbs and are often encouraged by their residents. If anything, companies are moving from away state level impositions to more local ones where representation is often clearer and it's easier to leave/avoid if you disagree both as a citizen and a business.
That’s why so many companies chose to be here and have their highest paid positions here too.
Other communities in other states are welcome to bend over backwards to enthusiastically attract our tablescraps and feel like it’s a win to their communities to have them. But they don’t get to expect to be taken seriously if they tell us to change how we run our state to be more like them.
Looks like Texas has California beat on that metric: https://worldpopulationreview.com/state-rankings/public-scho...
One of the largest school districts, LA public schools, is notoriously bad.
Maybe, it's Texas throwing us scraps.
It took the skyscrapers downtown being at rock bottom prices (and generous state and local incentives) to get businesses to move back.
It seems like people in Texas on average are doing better than California.
I think using Detroit as a scare tactic to encourage desperate policies to retain companies in a state that’s lousy with them is a pretty far cry from reality.
> It seems like people in Texas on average are doing better than California.
How do you figure?
They'll even take losses like shutting down factories.
> ~700 or so commercial entities leaving CA
It will get worse. It's a trend.
> Texas
Cheaper housing, less homelessness, less expenses.
They’ve been saying that for 30 years and the numbers have not significantly changed.
> That or a company from somewhere else will use less taxes and regulations as a competitive advantage. > They'll even take losses like shutting down factories.
Companies based here are some of the most profitable in the world. Your statements are pure fantasy unanchored to any facts.
> Cheaper housing, less homelessness, less expenses.
If as many people wanted to live in California as want to live in Texas, it would be cheaper to live here too.
In addition, the average California household also makes more, by a not insignificant percentage.
"How did you lose all the money?" "Slow at first, then very quickly."
> Companies based here are some of the most profitable in the world.
Cat's out of the bag. Most of the tools needed to form companies that are ridiculously profitable are online for anyone in the world to use (AWS). If they're not, the cloud providers are working tirelessly to put them there.
California was the hotbed of innovation due to concentrations of learning from higher institutions in tech. That's all distributed now.
> If as many people wanted to live in California as want to live in Texas, it would be cheaper to live here too.
Don't underestimate the crippling effects of powerful NIMBY's, over burdensome regulations and the CCC to dramatically increase cost. http://coyoteblog.com/coyote_blog/2013/03/another-california...
Also, Texas' population is increasing faster than California. https://www.forbes.com/sites/chuckdevore/2018/05/22/texas-la...
2045 is when California loses it's title: https://www.nextbigfuture.com/2018/07/texas-could-have-a-hig...
> the average California household also makes more
And get less: https://taxfoundation.org/real-value-100-each-state-2016
Which is why you now see a huge migration of middle class leaving.
FWIW, I’m pretty much entirely for bulldozing local zoning law and control over a lot of housing and have been delighted by our recent progress there and often vote accordingly. I think this is our major issue, not asking people and companies to pay for advancing our communities.
> As long as we don’t descend to full on fascism next year I think I’ll buy a house here.
I would not recommend buying a house for the next couple years at least. Prices are about to crash everywhere.
> I like California. I stay here because of it.
More power to you.
> Maybe if enough people who think that Texas is a good idea leave people then who want to be in California can replace them and we can build more housing stock together!
Seems the opposite is happening. Texas has very lax building regulations. Part of this is due to not being on a fault line but most of this is just bureaucrats justifying their jobs and costing everyone money.
> I think this is our major issue, not asking people and companies to pay for advancing our communities.
Seems like it's had the opposite effect. Some of the highest taxes in the nation with the worst results.
Good luck with your housing purchase. I wish you the best.
Feel free to scroll through yourself: https://www.tesla.com/careers/search#/?country=-1&city=-1
Not only are most of the US based jobs on Tesla’s site still located in CA, most of the better paid higher qualification jobs are too.
(Their headquarters remains in CA too.)
You don't think that the housing policy of California has any impact on companies struggling to hire because of housing costs? Because it definitely impacts the Bay Area company I work for.
Housing here is a legitimate problem but the companies that flee to Texas because of lower taxes aren’t worth keeping.
Famous last words.
Saying "I don't care if businesses leave" seems like taking for granted that they'll always be there (or want to come to your state).