Tuesday, February 19, 2013

California vs. Texas: Who cares?

This article makes some good general points.  But there are just too many things where CA is self-destructing.

Part of the enduring genius of the founding fathers, in creating a nation that allows its states to set many of their own local priorities, was to ensure that Americans got the freedom of choice in many ways. I'm not sure the Founding Fathers foresaw that states would actually compete with regulation, tax policy and outright cash for businesses' affection. But as folks pretty distrustful of government, the Founding Fathers certainly saw the risks of one-size-fits-all policy for many issues.

In 237 years, the nation's economic system has evolved into a patchwork quilt of local economies – each with its own pluses, minuses – and quirks. That means consumers and corporations – and not to forget, foreigners seeking to immigrate – get a full menu of alternatives on where to settle or relocate.

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