Wednesday, June 1, 2016

CA "wins" worst for business 11th year in a row



It must be rainbows, butterflies and unicorns for Sacramento liberals, as California successfully defended its crown as America’s CEOs again named California the worst state to do business–for the eleventh straight year.

Business leaders highlight California state and local government officials’ negative attitudes toward business. CEOs blamed the cost of trying to comply with the state’s “capricious” regulatory system, calling it a job killer, especially for “smaller firms that are the least able to bear the costs.”

The annual ChiefExecutive.net survey of 500 CEOs from across America grades states on a “variety of measures of tax and regulatory regime, the quality of the workforce and the quality of the living environment” that are viewed as critical components of its business climate,. Employees’ attitude toward management is also considered, since it is a crucial factor in the perceived quality of a region’s workforce. Important “quality of living” factors include the quality of public education, health, cost of living, crime and housing affordability.