The hot days of summer are here. Texas is now into its usual 100° summer days. However, if it’s any consolation, Death Valley hit a record 129° in June.
Texas’ business climate is a lot like our summers: hot, hot, hot! California’s business climate is a lot like Death Valley: Still and oppressive.
On to the Texas vs. California roundup:
Unemployment claims are up in California.
You know all that talk of California having a small budget surplus? That doesn’t count the $10.3 billion California owes the federal government for unemployment compensation, an amount that is not expected to be paid off until 2020.
Between 2007/8 and 2013/14, “the officially reported unfunded pension liability for state workers through the California Public Employees Retirement System (CalPERS) grew from $31.7 billion to $57.2 billion, an 80.1% increase.”
He, remember that short-lived BART strike? How horribly were the employees “underpaid?” “BART employees — including management and nonunion workers — earn an average of about $83,000 annually in gross pay, contribute nothing toward their retirement and $92 monthly to health insurance. Their pay and total compensation are both the highest in the Bay Area among transit agencies.”
BART’s highest paid employee in 2012? Someone who earned $333,000 and never worked a day that year.
California’s coming health insurance death spiral.
California writer explains why he and his family relocated to Texas.
Did taxes help Dwight Howard decide to leave the Los Angeles Lakers for the Houston Rockets?
Rick Perry retiring means the Texas is losing on of its greatest pitchmen to the business community.
California, bluest of blue states, forcibly sterilized female prisoners. Well, liberal’s love of eugenics goes back at least as far as Margaret Sanger…