From CNN Money:

Buffeted by high taxes, strict regulations and uncertain state budgets, a growing number of California companies are seeking friendlier business environments outside of the Golden State…

…Companies are “disinvesting” in California at a rate five times greater than just two years ago, said Joseph Vranich, a business relocation expert based in Irvine. This includes leaving altogether, establishing divisions elsewhere or opting not to set up shop in California…

And this is also why, as a nation, we’re seeing a lot of businesses not just fleeing California, but fleeing the nation – when you have high taxes combined with capricious regulations and lawsuits, you just can’t do business.  Especially in a down economy when generating profits is hard, you seek every advantage you can…and if shifting from California to, say, Arizona will cut your costs by 20%, you do it.  You’d be insane not to.

Sorry, liberals, but you can’t successfully manage an economy…you can’t make a rule and a tax for every activity.  You have to, for the most part, just leave it be.  All government can do is prevent fraud and enforce some very basic health and safety regulations…and even in that area, local governing bodies should have vastly more authority than State or federal bodies.  If you are trying to make it fair and make it come out right – by your definition – all you’ll do is mess it up.  California is proof that liberalism is a complete failure – you liberals absolutely govern that State and pretty much have for the past 20 years.  It is your baby – and it is dying of liberalism.