Action Is Needed To Improve California’s Business Climate
Well, here we are again — It’s mid August and the legislature still doesn’t have a budget. In fact, we have yet to even VOTE on a proposal. The democrat majority wants to be credited for proposing a budget; however they seem unwilling to have a debate or vote. Why?? I am fairly certain that, not only will all Republicans oppose it, but also not even every Democrat will support it.
I am continually amazed that there are those in Sacramento who think we can tax our way out of this financial crisis. It is no secret that California’s economy is in a decline. Families are paying more and more for gas and groceries while their house payments go up and their home values go down. Our state’s unemployment rate has risen to 6.9 percent, the highest level in more than a decade, and businesses are leaving for other states.
It’s time we take immediate action to improve California’s business climate, attract businesses and create jobs. Passing a responsible budget with long-term structural reforms along with a "rainy day" fund is a solid first step.