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Reagan: 17 Corporations a Month Leaving California

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    Author Mike Reagan on the state of economy is California.

  • Duration 4:14
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Walking from Monday's -- and -- murdered moving into the black.

Short curve internal borrowing is being -- Those depicted the economy's picking up is that the very the first six so those are the reason.

Principally for these upgrades that -- by it he.

Joining us now is Mike Reagan is -- voice of reason from California.

You just -- the mister Bill Lockyer that moving into the black.

Borrowing less the economy is picking up that is a Rosey picture -- you live in California you've been a common type of death for many many years on this program.

What's your reading.

Yeah -- -- just say one thing on the occasion my -- 102 birthday today.

At this point -- his second administration.

We are growing at about 7% not one point 7%.

California -- is -- hear them talk about the the uptick -- you're looking great.

Remember proposition thirty was retro active back to January of 2012.

Should know when.

Was able to react to that in time and got caught with it.

Trust -- 2013 can be much.

Better for those don't you must now we're going to figure out what to do about our tax based.

In 2013.

Knowing that our taxes are now at 13%.

-- idea I'm going to Las Vegas the first week of April to celebrate my daughter's birthday.

We're looking at a Condo.

Effect have to and I'll put your room in my house -- wouldn't take outlook and I'm thinking about that throughout the weather kept it to not happen in New Jersey not great all all of a second not a lot of people who -- California were going to Vegas looking at condos now.

Often -- you're 60000 -- people wish they were not good buy a Condo is paid for one year or two years this is what's going on of course.

That in brings in.

What's going on with the business community -- -- corporations a month.

Leaving the state of California 200 companies in the last ten years leaving the state of California.

And it's still going on what on that note what analysts and market when you listen to a part of this ad from governor Rick Perry of Texas.

He's trying to get California businesses to move to Texas just listen -- this for sector.

Building a business is tough but I -- building a business in California his next impossible.

This is Texas governor repaired and I have a message for California businesses come check -- Texas.

Now here is government Jerry Brown's response to that -- and I'm quoting directly now.

It is not a serious story he continues.

It's not a -- North job he'd obviously rejecting the Rick Perry -- but you just told us what his seven value and British to sentence no I -- I'm not going to all right Erica news.

It wasn't quite an obscenity that it was an ugly because governor -- there I'm not gonna do that.

So -- -- just -- -- the name is the number seventeen corporations -- -- -- moments that are leaving California so people are responding to the -- and governor Perry's message.

Well the reality is David respond to that message for a long time without the ad by Governor Perry -- believe in the state of California.

You have people who -- California who run for office solution moved to California you have people in California who run propositions.

In California -- do something.

And it loses and they moved to I'm not California moved to Texas.

This is what is going on.

Our state legislature goes to taxes the find out what we need to do to bring jobs back they learn what to do that come back and do nothing remember.

We now have a two thirds Democrat majority in the state assembly and the state senate.

They wanna unwind proposition thirteen they wanna raise taxes even more on the people who -- outta California this you have become a state.

Where you're just gonna come here to see -- when you visit the beach because there will be nothing else to do.

Times.

That's fascinating stuff -- -- -- -- DO not changing your point of view on the state of California's finances no matter what Bill Lockyer says no matter what governor Jerry Brown says.

You -- things about it.

And it's going to be worse in 2013.

2000 faulty vast sums it up.

Absolutely.

OK Mike Reagan always a fudge -- I do have to -- is again real soon thanks thought might appreciate it bigger thing.

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