Business
• For the fourth straight month, California holds the title for highest unemployment rate in the nation.
• Gavin Newsom can put a positive spin on it all he likes, but ranking dead last again proves that we aren’t leading the nation; we’re falling behind.
• California ranks 40th in terms of states recovering jobs lost during the pandemic.
• California’s economy is struggling, and Democrats are to blame.
• They have made things harder for businesses and workers throughout the pandemic, from implementing the harshest shutdowns in the nation to forcing businesses to be the mask police.
• Nearly 20,000 businesses permanently closed their doors in 2020.
• Those businesses that are trying to stay on their feet faced surging crime and smash-and-grab robberies, further harming retailers in what should have been the busy holiday shopping season.
• Californians who are simply trying to make ends meet in an unsteady economy face a rocky job market, inflation at a 40-year high, sky-high gas prices and record-high housing costs.
• It’s easy to understand why so many are moving away that we lost a Congressional seat, and U-Haul ran out of trucks for Californians trying to flee.
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Companies are rapidly leaving California, 74 HQs in 1st 6 mo! (9/2021)
Compared to 62 in all of 2020. Primary reason, cost of doing business, Taxes, Regulations, Talent Availability. Where are they going? Mostly to Texas, followed by Tennessee, Nevada, Arizona & Colorado. Calif #1 regulatory state. (Hp, Oracle, Tesla…etc)
https://www.kron4.com/news/california/companies-are-rapidly-leaving-california-in-2021-stanford-researchers-find/
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Business (Apple) & Residents fleeing California (8/21)
California’s population is declining. California’s public policies slow innovation, deter new business formation and repel talented workers. A two tiered society exists: 1: Coastal Elites and 2: Lower income central valley residents.
https://www.forbes.com/sites/adammillsap/2021/08/27/businesses-are-fleeing-california-along-with-its-residents-and-president-biden-should-pay-attention/?sh=f51de8823273
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Governor of Arizona speaks out about Arizona’s population gain, 170,000,
Second highest in US (3/21)
https://www.ocregister.com/2021/03/08/leaving-california-dont-forget-why/
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Larry Elder comments on people leaving California (12/2021)
say, an amazing legacy.