The Policies Behind the California Exodus: Nick Stark on Rod Arquette Radio Show
Californians, like all Americans, are voting with their feet. They are moving to states with lower taxes, lower energy costs, and greater worker freedom.
A recent report from the Hoover Institution found twice as many companies moved their headquarters out of California in 2021, compared to 2020. Numerous policy decisions by state leaders have created this problem for the Golden State, which ranks 48th out of the 50 states for Economic Outlook according to the latest edition of Rich States, Poor States.
ALEC Tax and Fiscal Policy Task Force Director Nick Stark was a guest on the Rod Arquette Radio Show on KNRS radio in Salt Lake City this week to explain what other states can learn from California’s mistakes.
Stark told Arquette that for years, California’s big government policies have raised business costs and reduced productivity and profitability. Between 2020 and 2021, California had a net loss of 261,000 residents, while bordering Arizona gained almost 100,000, Texas gained 310,000, and Florida 211,000. California’s problems are part of a broader trend that ALEC has been tracking for 15 years. ALEC tracks state economic trends in our annual report, Rich States Poor States.
Listen to full interview here: