Toyota bailing on California going to Texas

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smackababy

Lifer
Oct 30, 2008
27,024
79
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I love how all the numbers being posted that CA is bleeding STEM jobs are responded with "well, <insert source> is a republican rag!".


And is it a surprise a state with 10 million more citizens employs more people than the one with 10 million less? Next up, we here about how CA has more cars than Texas!
 

smackababy

Lifer
Oct 30, 2008
27,024
79
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CA is not bleeding STEM jobs, as much as the local Republicans here wish we were. 2001-2011 is old news, and includes .com bubble bursting with CA being the epicenter, and oil boom in Texas creating various petroleum and chemical engineering jobs, hence the unfavorable comparison.

Here is a more recent comparison:


http://www.businessweek.com/articles/2012-09-06/californias-job-growth-outpaces-texass

"If you look at these 4 months in the chart and ignore the actual article!!!!"

-California still has the country’s third-highest unemployment rate, at 10.7 percent, compared with Texas’s 7.2 percent. And although job growth in California has surged ahead recently, Texas has outpaced it in 18 of the past 24 months.

-California has overtaken Texas in the jobs race partially because of cuts the Lone Star State made this year in its public workforce.

Both from the article YOU linked.
 

Wreckem

Diamond Member
Sep 23, 2006
9,459
987
126
Cutting unnecessary government jobs is a good thing.

It's called tightening your belt...

Tightening your belt when you are in last to third to last in any given year in per capita spending is asinine. Texas has money. Texas has problems. Texas refuses to spend said money on said problems.

And that article is old. Texas made massive, and as it turns out, totally unnecessary cuts in 2011. That caused a lot of public employees, mostly in education to lose their jobs. Most of the public education jobs have been recovered. And more are being added because well there are shit ton of kids being added to Texas public schools. There are a couple districts in the DFW area that are adding 500-600 students a semester. One of those districts is trying to pass a $750million bond package next week. The bond is to build 8 elementary schools, 3 middle schools and 3 high schools over the next ~5-8 years. Those are in addition to the schools still being built(3 elementary, 1 middle, 2 high schools all opening by fall 2015) with the ~$250million of the $789million bond from 2006. This bond election will put its total debt at over $2billion. There are some that oppose the new bond, but what are you going to do when you are adding close to ~3 elementary schools worth of enrollment a year and they cannot build facilities fast enough.
 
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First

Lifer
Jun 3, 2002
10,518
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http://online.wsj.com/news/articles...0562?mod=WSJ_hp_RightTopStories&mg=reno64-wsj

California was never considered in the search for a new headquarters site, these people said, but its location&#8212;far from Toyota's other operations in the U.S.&#8212;was a bigger factor than its business climate, which has been criticized by some for its high taxes and myriad regulations.

In an email Wednesday, Jim Lentz, chief executive of Toyota's North American operations, said: "The business environment had nothing to do with the decision to leave California."

Mr. Lentz also said he didn't want to have the new headquarters in any location where there already was a divisional headquarters, which put California, Michigan and Kentucky out of the running.

People familiar with the search for the new U.S. headquarters said each of the final locations considered&#8212;Atlanta, Charlotte., N.C., Denver and suburban Dallas&#8212;had factors the company required: a major airport, good quality of life, relative proximity to Toyota's other U.S. operations, and not in the shadow of Detroit, where America's Big Three auto makers are headquartered.

Another factor: the site had to be near affordable housing and high-quality schools.

Dallas's two airports&#8212;particularly Dallas/Fort Worth International Airport&#8212;were a key influencer in the final decision, the people said. They will give Toyota employees direct-flight capability to any of its U.S. plants and Japan, while remaining closer to families in California than other hubs like Atlanta and Charlotte.

Mr. Lentz has cited Texas' business-friendly climate, as well as no personal income tax. He also said California wasn't offered an opportunity to counter Texas' offer, saying to do so would have been "disingenuous" since the decision to leave that state had been made.

So Texas' business climate was far down the list of considerations for Toyota moving.

Cool story bro.
 

RampantAndroid

Diamond Member
Jun 27, 2004
6,591
3
81
http://online.wsj.com/news/articles...0562?mod=WSJ_hp_RightTopStories&mg=reno64-wsj



So Texas' business climate was far down the list of considerations for Toyota moving.

Cool story bro.

Hmm:
Another factor: the site had to be near affordable housing and high-quality schools.

Says something about Dallas, I guess.

This contradicts his earlier statement to some degree too:
Mr. Lentz has cited Texas' business-friendly climate, as well as no personal income tax.
 

MrPickins

Diamond Member
May 24, 2003
9,022
600
126
Tightening your belt when you are in last to third to last in any given year in per capita spending is asinine. Texas has money. Texas has problems. Texas refuses to spend said money on said problems.

And that article is old. Texas made massive, and as it turns out, totally unnecessary cuts in 2011. That caused a lot of public employees, mostly in education to lose their jobs. Most of the public education jobs have been recovered. And more are being added because well there are shit ton of kids being added to Texas public schools. There are a couple districts in the DFW area that are adding 500-600 students a semester. One of those districts is trying to pass a $750million bond package next week. The bond is to build 8 elementary schools, 3 middle schools and 3 high schools over the next ~5-8 years. Those are in addition to the schools still being built(3 elementary, 1 middle, 2 high schools all opening by fall 2015) with the ~$250million of the $789million bond from 2006. This bond election will put its total debt at over $2billion. There are some that oppose the new bond, but what are you going to do when you are adding close to ~3 elementary schools worth of enrollment a year and they cannot build facilities fast enough.

I agree with you that education was cut too much.

At this point, I'm not sure the state is living up to its constitutional requirements.
 

First

Lifer
Jun 3, 2002
10,518
271
136
Hmm:


Says something about Dallas, I guess.

This contradicts his earlier statement to some degree too:

That's not contradictory. Texas' business climate, generally, had something to do with Toyota's move, it was just far down the list of considerations. Location was a huge issue, apparently, among several other factors.

Not that CA's taxes and regs are business-friendly, because they're certainly not. I expect Brown will continue to fix that, as he should.
 
Apr 27, 2012
10,086
58
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Yes, Texas is cutting its public workforce. Not good.

Yes it is good. Nothing wrong with saving taxpayer money but of course there are leeches who are upset they can't steal from the taxpayer.

Cutting unnecessary government jobs is a good thing.

It's called tightening your belt...

I can't believe I am agreeing with you. Glad to see you're making sense :thumbsup:
 
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