Sunday, December 15, 2013

What does Sriracha-geddon say of CA's business climate?

It says a lot.  It says, "don't do business in CA".

“California has a large tax load that in turn funds a large administrative state that has to be busy,” notes former California Assemblyman Chuck DeVore, now vice president at the conservative Texas Public Policy Foundation in Austin. He has authored a forthcoming study showing that California employs far more regulators than most other states.

But perhaps Huy Fong officials will solve the problem by seeking out locations that don’t subject them to lawsuits and costly production stoppages. A spokeswoman for Texas Gov. Rick Perry’s office confirmed that it has “reached out” to Huy Fong Foods. Reports suggest the company may already be pondering a move to Pennsylvania. There’s an old economic saying that you get more of what you subsidize and less of what you punish. That doesn’t apply only to the production of hot sauces.

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