Drones are on the minds of a lot of lawmakers right now. Their domestic arrival is now inevitable—the FAA estimates that 7,500 small drones, formally referred to as unmanned aircraft, will be in American skies by 2018. Drones will be fertilizing crops, aiding in search and rescue, and helping cops chase down criminals. And they’ll be creating jobs—lots of them, in areas such as manufacturing, training, and research and development. The unmanned aircraft industry hopes that there will be 100,000 people with drone-related jobs by 2025.
As I cruised down the Huangpu River past glimmering Shanghai high-rises with California Governor Jerry Brown and Chinese former NBA player Yao Ming, I could not help thinking that they may have at first blush appeared an odd couple. But their meeting marked not only another chapter in sports diplomacy, but also the culmination of one of the largest U.S.-China trade and investment delegations in history. What this delegation forged in China foretells of not only critical opportunities for the Golden State and U.S. economies, but also the possible future face of diplomacy and economic engagement.
Southern California is a hotbed of young and innovative companies, but you wouldn’t know it by following the money.
Coincidentally, three otherwise unrelated events last week framed California’s somewhat clouded economic situation. One was a revelation that the state now is tied with Rhode Island for the nation’s highest unemployment rate, 9.8 percent.
As one of just a few states that impose a sales tax on manufacturing and R&D equipment, California imposes higher equipment costs on its manufacturers, which may drive them out of state, Annette Nellen, a professor at San Jose State University, writes in this week’s issue of the Weekly State Tax Report.
On Monday in the State Capitol, I was joined by business leaders from across California to discuss legislation that will ease the backlog of business filings at the Secretary of State’s office, as well as other legislation to strengthen the Golden State’s economic recovery.
Branstad told KCRA 3 he was meeting with a dozen California companies with operations in Iowa, trying to convince them to relocate, expand or grow in Iowa.
Could this be the beginning of substantive business-friendly reforms around here? We fervently hope so.
Contrary to what you might’ve heard, I have nothing against California. In fact, I think it’s a beautiful state filled with creative people and a vibrant culture.
The siege of the Alamo, which occurred this month 177 years ago, lasted 12 days. Texas Gov. Rick Perry, who would have you believe he’s laid siege to California’s business community, was here for only four days this week.
There’s no doubt about it—the competition is fierce. States like Texas and Nevada are openly trying to lure away business from California. The debate about how effective they are is still going. But with a PR push highlighting lower taxes and easier environmental regulations, moving out sounds tempting.
TULARE — Faced with continued low milk prices and high feed costs, California dairy operators are increasingly being wooed by states offering cheaper costs and expanding markets.
(Reuters) – Texas Governor Rick Perry’s latest sales pitch to California businesses boils down to four words: Texas is no California.
Gov. Rick Perry’s latest attempt at luring businesses from California to Texas is a 30-second radio ad where he says, “Building a business in California is next to impossible.”