Study Disputes Claim Of 'Bad Business Climate' In California

Governor Davis was recalled, in part, because of the "bad business climate" in California. Now a study from the reputable Public Policy Institute of California refutes the charge that businesses were leaving the state.

"The theme of the famous California governor's recall of 2003 was that businesses were fleeing California in droves in favor of more friendly climates in Arizona, Nevada and other states where taxes and energy costs were lower and regulations less cumbersome."

"The conclusion of the PPIC study is that California prospered not on low taxes and wages, dirty water, potholes and rundown schools, but on the great investments it made in its infrastructure - universities, parks, highways - in the generation after World War II. Those programs nourished the state's growth and brought the jobs. Why do we always have to be reminded of that?"

Thanks to Metropolitan Transportation Commission library

Full Story: The myth of California's fleeing businesses

Comments

Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $199
Planetizen Courses image ad

Planetizen Courses

Advance your career with subscription-based online courses tailored to the urban planning professional.
Starting at $14.95 a month
Book cover of the Guide to Graduate Planning Programs 2012

Thinking about Grad School?

You need the essential resource for prospective planning students
Starting at $24.95

City Coasters

Hand-drawn engraved maps of your favorite neighborhoods are divided up across 4 coasters making each one unique.
$36.00