Green movement proving expensive for California
When you look at this very telling chart of from Gregor MacDonald鈥檚 , you see the harmful economic impact the green movement has had on California.
Sound blasphemous? Not really. Victor Sperandeo said effectively the same thing in the video excerpt .
California consumes 3 times as much energy as it produces, and as MacDonald states, 鈥渨hen oil and natural gas prices rise, states like Colorado see a cascade of earnings, revenues, and royalties flow into their state. Whereas states like California see a cascade of capital flow out of state.鈥� This seems emblematic of how LA and California in general are run: the state and local economic policies seem to chase otherwise great businesses out of the state, rather than trying to attract them or get them to stay.
Borrowing from MacDonald, I think California consumes 3 times as much energy as it produces intellectually too: our leaders are but the government workers seem to be doing well, despite .
LA Unified School District to do nothing. They spent $2 million in legal and salary costs on a case that dates back to 2002 鈥� to remove .
What I鈥檓 also thinking about is the , the , more firms like , and a that will cost CA millions more in nominal interest payments when (and if they can) issue more debt.
That without any major elected official stepping in to cut their corporate taxes or persuade them to do otherwise would be like watching former NCG Chairman and CEO Ron Sugar himself walking unscathed through airport security at LAX with a under his arm and not sounding the alarms.
California, and especially Los Angeles, are not business-friendly. And that鈥檚 before you have to deal with the USPS鈥�
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