Saturday, June 11, 2016

Avoiding the California downturn

NewsBusters: Another major employer has decided to join the long list of companies moving jobs from California to more business-friendly states.
This time, it's $12 billion titan Jacobs Engineering, which is moving its "corporate operations," almost definitely meaning its headquarters, from Pasadena to Dallas, Texas. Press reaction, especially outside of business-oriented outlets, has ranged from nonexistent to muted to, in the case of the Los Angeles Times, a bit snarky.

Its the demographic sifting property, the poor and unhealthy to California while business concentrates in Texas.  But that is OK, because Texas agrees to pay California's welfare bill. 

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