Over the past several years, a disturbing trend has been developing in California. Once known as the bastion of commerce, manufacturing, and business growth. The Golden State is saying goodbye to dozens of businesses every year, and the numbers seem to be increasing as companies are leaving California.
California has lost huge players like Toyota, Comcast, and many others is cause for the state to sit up and take note. The exodus is especially dramatic in 15 California counties, with Los Angeles being the worst.
It’s not just businesses. It’s the many rich who are exhausted by the ever higher taxes and the ever increasing cost of living. Elon Musk has decided to move to Austin, Texas. He is the second richest person in the world. His two major companies are still in California but the message is clear. It’s too expensive to live in in this state. I agree.
I know many of the people personally and through social media sites who have moved not only to other states but to other countries.
What I find most disturbing is the shrugs of our elected leaders when they learn of the departure of those big businesses and wealthy people. It seems they have raised taxes to discourage businesses from remaining here.
One can only wonder why our elected leaders are so quiet.