Rick Newcombe, President of Creators Syndicate, has an op-ed piece in today's Wall Street Journal called, "Why We'll Leave LA", in which he says the City of Angels "is fast becoming a job-killing machine".
I'm not ready to leave yet. I'm a native Angeleno. My kids are fourth generation Californians. I have a job (hurray!), and the weather is just so darn good, along with the Mexican food. California, you sure do make it hard to love you, but I always look for the upside.
Today's slice of life in the Golden State.
—Most state offices are closed today as the first of three "Furlough Fridays" every month. Upside: traffic on the freeways is delightfully light!
—The University of California is considering furloughs for "tens of thousands" of employees to cut costs 20 percent. Upside: fewer degree programs in ridiculous, money-losing pursuits.
—This is the last day most major banks will cash IOUs, which the SEC now consider securities, meaning you'll need a license to trade them. Upside: free market capitalism with protections.