Wednesday, April 11, 2012

Job Killing Bills Hobble California in Global Competition

CalChamber released its list of Job Killing legislation yesterday – 23 bills that would further curb California’s competitiveness and chill our investment climate. - Loren Kaye/Fox&Hounds

Expect on cue from labor unions and the tax-and-regulation lobby: tearing of hair and rending of garments. In their view, reforms to improve flexibility for workers and expedite permits for job-creating development is “a race to the bottom.”

I hate to inform them – we’ve already reached the bottom. We’re bringing up the rear in competitiveness, business tax climate, and trail the pack in regulatory climate. By an overwhelming margin, executives and owners tell us that it’s harder to do business in California than in other states.

A survey of the 2012 crop of job killers reveals a dreary choice – the authors of these bills are either ignorant of the fundamental conditions necessary for job creation – or they simply choose to ignore them.