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Why is California is a deep Depression? "A small business study published September 2009 by the Governors Office of Small Business Advocate did not get the attention it should have, given the economic black hole facing the state.
The detailed study showed that regulations on small businesses in California have cost the states economy $492 billion. Published by California State University-Sacramento Professors Sanjay Varshney, Ph.D. and Dennis H. Tootelian, Ph.D." What is the size of small businesses in California? "Since small businesses constitute 99.2 percent of all employer businesses in California, the regulatory cost is borne almost completely by small business."
The cost of regulations is killing California families and businesses--and this before AB 32 takes full effect.
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The detailed study showed that regulations on small businesses in California have cost the states economy $492 billion. Published by California State University-Sacramento Professors Sanjay Varshney, Ph.D. and Dennis H. Tootelian, Ph.D." What is the size of small businesses in California? "Since small businesses constitute 99.2 percent of all employer businesses in California, the regulatory cost is borne almost completely by small business."
The cost of regulations is killing California families and businesses--and this before AB 32 takes full effect.
More...