Working on jobs

[Zebraspots]

What is so wrong with liberalism? By definition it is the belief in the importance of liberty and equal rights.

 

[Camp Creek Kid]

Berkeley -- 3 E's

 

[30ashopper]

What is so wrong with liberalism? By definition it is the belief in the importance of liberty and equal rights.

Liberalism in this country equates with social democracy, which is based on the concept of fairness vs. individual freedom.

 

[30ashopper]

Looks good now, but you're only going to get so far poaching other peoples' high tech jobs while gutting your own K-12 and higher ed budgets. California will remain strong as long as their big universities remain solvent. Because, sorry, but neither Texas nor Florida has anything close to the UC system, Stanford, USC and CalTech level of consistent high tech/cutting edge done at the volume you get out there. Not saying the Florida and Texas system don't do good R&D, but neither state has a flagship that can come close to a Berkley or CalTech in terms of prestiege or nearby tech spinoff potential. (UT-Austin is good, but it's no Silicon Valley.)

California has a number of good private and a few good public insitutions, but their K-12 education system is experiencing some real problems right now revolving around funding. The state is deep in debt and is having a hard time climbing out of the hole the legislature dug.

 

[Bob Wells]

I wouldn't be surprised, companies don't make these decisions overnight. But as far as Scott's involvement is concerned, clearly his follow through helped seal the deal. I doubt Sunk would be up in Canada today doing the same - she would be too busy running around the state doing damage control over all the tax increases she would have implemented.

Just trying to give credit where credit is due, versus spinning it for Gov. Scott.

 

[30ashopper]

Just trying to give credit where credit is due, versus spinning it for Gov. Scott.

Credit is due to anyone involved, including, Gov. Scott for closing the deal right?

 

[30ashopper]

Related, Texas job market is doing well. I'd like to see a law like they have on mortgages to keep the realestate speculators away from Florida (which is not very libertarian of me, but sometimes government has to step in to prevent abuse, especially when you have a FED that likes to keep interest rates at zero for extended periods of times).

What explains this Lone Star success? Texas is a big state, but its population of 24.7 million isn't that much bigger than the Empire State, about 19.5 million. California is a large state too—36.9 million—and yet it's down 11,400 jobs. Mr. Fisher argues that Texas is doing so well relative to other states precisely because it has rejected the economic model that now prevails in Washington, and we'll second that notion.

Mr. Fisher notes that all states labor under the same Fed monetary policy and interest rates and federal regulation, but all states have not preformed equally well. Texas stands out for its free market and business-friendly climate.

Capital—both human and investment—is highly mobile, and it migrates all the time to the places where the opportunities are larger and the burdens are lower. Texas has no state income tax. Its regulatory conditions are contained and flexible. It is fiscally responsible and government is small. Its right-to-work law doesn't impose unions on businesses or employees. It is open to global trade and competition: Houston, San Antonio and El Paso are entrepôts for commerce, especially in the wake of the North American Free Trade Agreement.

Based on his conversations with CEOs and other business leaders, Mr. Fisher says one of Texas's huge competitive advantages is its ongoing reform of the tort system, which has driven litigation costs to record lows. He also cited a rule in place since 1998 in the backwash of the S&L debacle that limits mortgage borrowing to 80% of the appraised value of a home. Like a minimum down payment, this reduces overleveraging and means Texas wasn't hurt as badly by the housing crash as other states.

http://online.wsj.com/article/SB10001424052702304259304576375480710070472.html

 

[Bob Wells]

Credit is due to anyone involved, including, Gov. Scott for closing the deal right?

Lets also credit him with loss of jobs then, I believe an Orlando call center moved to North Carolina within the first couple of months he was in office. So by your reasoning he should get credit for that also, closing the deal, right. Just saying