The President of the Association of Washington Business, Don Brunell, wrote a piece this week asking Washington state policymakers to "polish up their investment strategies for Washington’s manufacturing base" or risk California’s fate.
Brunell uses recent reports and the Milken findings to explain how California has killed and continues to kill the proverbial golden egg that it needs for its recovery and new revenues.
Even the well-read British magazine, the Economist, supported Brunell’s findings. "Indeed, high taxes, coupled with intrusive regulations on business and greenery taken to silly extremes, have gradually strangled what was once America’s most dynamic state economy," Brunell noted from the magazine.
A great read for any policymaker: Golden State’s manufacturing image tarnished