CJAC: Civil Justice Association of California

Summing Up California's Hostile Economic Climate

By Todd Roberson on 10/25/2011 @ 11:48 PM

Tags: Legal Climate

Recently Steve Malanga of the Manhattan Institute's City Journal did a fine job of summarizing California's economic downward spiral in this Wall Street Journal column: How California Drives Away Jobs and Business. Not surprisingly he identifies lawsuit abuse as one of the main factors, calling our state's legal environment "a mess". And a letter from David Houston, Co-Chair of California Citizens Against Lawsuit Abuse, ran in today's Wall Street Journal supporting and reinforcing Malanga.

What is particularly noteworthy is how the policy and regulatory burdens our state has created are impacting the tech and green energy industries, which have been touted by many as the foundation of our economic future and renewed prosperity. Have a look at the numerous examples Malanga provides of businesses in these industries choosing to expand in other states.

There is clearly some validity to the many surveys of business leaders that show California as an unattractive place to bring business now. Malanga points to another survey in which 84% of executives and owners said if they weren't already in California they wouldn't consider starting up here.

California has the 2nd highest unemployment rate in the nation, and changing that means we have get business leaders to believe that it makes sense for them to hire in California.

They decide where to hire. They decide whether Californians will get jobs with their companies. They are telling us what they base these decisions on. We may want to start listening more closely.


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