One of the reasons the recovery is weak IMO is the fact the politicians (mostly Republicans, but Dems too) have sold out US manufacturing to Asia.
first, please explain this reasoning. then, assuming you can do that, what do you think should be done to entice business to stay in the US and manufacture goods?
i don't care that you blame republicans for everything. you are not always completely wrong. it is good if you can tel us why you blame a particular group for whatever is going on.
“Despite the less-than-rosy outlook for the U.S., California's economic picture is brighter in large part because of demand for California goods”. I wonder if Fox Creek read that line.
unfortunately for CA, not true. and not good enough anyway. CA has had 3 things going for it besides tourism. 1. the military. since the military is shrinking and we have fewer and fewer ships, the + economic impact of the military is being reduced.
2. high tech. high tech is now leaving the state in search of lower taxes, fewer regulations, lower power and fuel costs. google built it's new humongous server farm in oregon.
3. agriculture. this is still a strong one, but it is impacted by higher costs and cheaper imports. the more CA regulates and mandates higher taxes and business costs, the cheaper it becomes to import from places like mexico. + fuel costs are killing farmers...except corn farmers, who are producing fuel corn.
that leaves a fairly strong service industry, but those are lower paid workers. as the taxes go up, the higher income people leave. the tax base shrinks. many of those lower income workers take services from the state without putting money in, and it won't take long for CA to be back in trouble.