Detroit/ Michigan November 8th 2022 Election Results/ News...

[Canadian Visitor]

And you forgot to mention that despite glorious weather all year round, businesses are fleeing California, even when it costs them billions to do so.

Perhaps you could cite evidence in support of that outlandish statement?

California's GDP growth was 3rd highest in the U.S. last year at 8%

By contrast, Ohio was #40 at 3.2%

It seems clear that business is doing much better in Cali than in Ohio.

https://www.forbes.com/sites/andrewd...h=1e9cbb145a72

Unemployment is low through almost the entire U.S. Cali is at 3.9% which is pretty much full employment.

Total non-farm employment also shows healthy growth in upper 1/4 of U.S. States [[by percentage)

https://www.bls.gov/web/laus/statewi...oty_change.htm

[Rocket]

Perhaps you could cite evidence in support of that outlandish statement?

Well, California is loosing major businesses at a rate double what has ever been seen before, and triple the rate of 2018. Also, last year for the first time in history the actual population decreased. Enough that they lost a Congressional seat.
https://www.forbes.com/sites/adammil...h=2e0b52df2327

https://www.sfgate.com/local/article...e-17553168.php

Unemployment is low through almost the entire U.S. Cali is at 3.9% which is pretty much full employment.

https://www.bls.gov/web/laus/statewi...oty_change.htm

If you use California's numbers.

Here's something to note though, California considers anyone that worked a single hour in the previous 7 DAY period as "employed".
https://calmatters.org/california-di...ly-unemployed/

Some 25% of the workforce there is what they call "Functionally Unemployed". A true unemployment number might be closer to 25%.

Yes, California is BIG. Both physically and population. But that's because of the weather and an ocean, not the management. And with massive population comes massive problems if it's managed poorly. The homeless crisis, the water crisis, the electric crisis, the crime crisis, etc are taking their toll.

Why anyone would want to duplicate their artificial disasters is beyond my imagination. Especially in a place that doesn't have the weather and ocean like a San Diego. If half of those issues come to Detroit, we're wrecked.

[Zacha341]

Beautiful state, but two younger cousins purposely left 2019. Young women set to start their lives changed their minds per how bad things are now in some cities at the social and moral level, etc--as the economy worsens.

Heck even actor Mark Wahlberg stepped off!

Mark Wahlberg left California for Nevada to give his kids 'a better life'

Well, California is loosing major businesses at a rate double what has ever been seen before, and triple the rate of 2018. Also, last year for the first time in history the actual population decreased.
https://www.forbes.com/sites/adammil...h=2e0b52df2327

https://www.sfgate.com/local/article...e-17553168.php...

[Danny]

Beautiful state, but two younger cousins purposely left 2019. Young women set to start their lives changed their minds per how bad things are now in some cities at the social and moral level, etc--as the economy worsens

Heck even actor Mark Wahlberg stepped off!

Mark Wahlberg left California for Nevada to give his kids 'a better life'

Wahlburg did not like the blue tide of Cali.

[Canadian Visitor]

Well, California is loosing major businesses at a rate double what has ever been seen before, and triple the rate of 2018. Also, last year for the first time in history the actual population decreased. Enough that they lost a Congressional seat.
https://www.forbes.com/sites/adammillsap/2021/08/27/businesses-are-fleeing-california-along-with-its-residents-and-president-biden-should-pay-attention/?sh=2e0b52df2327

There's a problem w/the above, well, a few actually.

1) 'more than ever' as a statement. the working paper....only goes back to 2018. That's a 3.5 year sample period. Not exactly a robust window of comparison.

2) The 'study' in question, more accurately a working paper is from an institution with an extreme anti-tax, anti-gov't bias....

3) The working paper doesn't reference all sorts of important data [[or at least not in that article).

a) How many companies relocated TO California during the same period?

b) How much tax revenue did California actually lose w/the these relocations?

c) How many actual jobs moved? [[most of Apple's Staff in Cupertino are still exactly where they were)

Similarly, Oracle and HP didn't actually relocate their operations out of Cali, they sought a lower-tax jurisdiction for some portion of their global earnings.

When examining the impact on corporate tax revenue for the State, I find none. Corporate tax revenue continues to rise, see the link below:

https://lao.ca.gov/Blog/Media/Image/2043

If you use California's numbers.

Here's something to note though, California considers anyone that worked a single hour in the previous 7 DAY period as "employed".
https://calmatters.org/california-di...ly-unemployed/

Some 25% of the workforce there is what they call "Functionally Unemployed". A true unemployment number might be closer to 25%.

Perhaps you should read more closely. That definition of employment does NOT come from California.

The Federal Bureau of Labor Statistics defines a person as employed if that person works at least 1 hour during its 7-day survey period.

The 25% number comes from LISEP.

Link:

https://www.lisep.org/tru

They have produced a similar adjustment for the entire United States.

Their current headline is 3.5% unemployment is really 22.3% nationally.

So nothing unique to California there at all.