Monday, February 10, 2020

Texas eat Calizuela lunch, for now

Many urban politicians act as if talent will continue to cluster in elite places like San Francisco, New York, West Los Angeles, or Seattle, but companies seeking to recruit educated workers increasingly flock to places like Dallas–Fort Worth, Orlando, Nashville, and other affordable red-state metros. The movement of corporate offices has been particularly marked, with an estimated 1,800 firms leaving California for the Lone Star State in just one year. These companies are not just low-wage employers but high-paying firms like Toyota, Nissan, McKesson, Bechtel, Jacobs, Parsons, and Sanford Bernstein. Once a jobs magnet, California has emerged as the largest sender of jobs to Texas. Between 2000 and 2013, the Golden State was the source of more than 51,000 jobs, about one-fifth of all jobs moving to Texas. The most recent survey for Chief Executive Magazine ranks Texas, Florida, Tennessee, North Carolina, and Indiana as more business-friendly, while blue bastions California, New York, New Jersey, Illinois, and Connecticut stood at the bottom.
Texas gets the non failed staters first, and these folks get a boost.  Eventually he California failed state philosophy spreads, like a virus, as the failed staters having forced their own exit.

No comments: