For many years, Californians have heard “experts” (read: folks who figure to profit by touting the theory) claim their state suffers from a lousy business climate and is steadily losing middle-class population and jobs to other states, especially arch-rival Texas.
The current national secretary of Energy, Rick Perry, even made radio and television commercials while governor of Texas touting the advantages of moving there. And there have been moves: a major one is the ongoing shift of Toyota’s U.S. headquarters from Torrance to Plano, outside Dallas.
Through all the rhetoric, some of it orchestrated by corporate move specialists plainly out to fatten their own wallets, California continues growing, with population now above 39 million, more than the entire country of Canada and 12 million more than fast-growing Texas.
There’s a reason California keeps growing despite it all: the state’s economy is fundamentally healthy.
Source: Orange County Register