Home > Federal, National, State > California and New York. The worse places to do business in the Nation, again!

California and New York. The worse places to do business in the Nation, again!

May 18, 2010

Graph of the Day for May 18, 2010

Randall Hoven

“Texas is pro-business with reasonable regulations while California is anti-business with anti-business regulations.”

(CALIFORNIA MAY BE THE WORST, BUT NEW YORK IS TRYING HARD TO CATCH THEM !)

CEOs interviewed by Chief Executive Magazine.

Source:  Chief Executive Magazine.

Unemployment rates (and ranks among 50 states plus DC) by state, as of March 2010:
Michigan:  14.1% (51)
California:  12.6% (48)
Illinois:  11.5% (42)
New York 8.4% (21)  (but here’s the rub and why this is a deceiving number: Ny is one the the most heavily unionized states in the Union, especially with regard to the public sector. Union workers aren’t loosing jobs and Ny has record deficits and huge debt loads, large in part because of funneling all this money to keeping state workers, public education workers, and local government workers, on the job, fat and happy. Large in part in collusion with the Fed and Obama’s stimulus funding, and as such you can take a look to Greece for a snapshot of our future, with respect to both Albany and DC as we now have record levels of Fed employees and Fed salaries under Obama, and record levels of the same in NY state government under the one party rule of the Democrats (otherwise known as the NYC liberals, acornites, SEIU proxies, WFPers, as so on))
Texas:  8.2% (19)
Louisiana:  6.9% (8)
North Dakota:  4.0% (1)

Source:  Bureau of Labor Statistics, Dept. of Labor

“California is terrible. Even when we’ve paid their high taxes in full, they still treat every conversation as adversarial. It’s the most difficult state in the nation. We have actually walked away from business rather than deal with the government in Sacramento.”

“The leadership of California has done everything in its power to kill manufacturing jobs in this state.  As I stated at our annual meeting, if we could grow our crops in Reno, we’d move our plants tomorrow.”

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