Utah, Virginia are next up on woo-California-businesses circuit
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Utah, Virginia are next up on woo-California-businesses circuit
- April 10, 2013
- David Neumark, economics Chancellor's Professor and Center for Economics & Public Policy director, is quoted in the Los Angeles Times April 10, 2013
From the LA Times:
Joining forces, Utah Gov. Gary Herbert and Virginia Gov. Bob McDonnell are heading
to California on Thursday to try their luck at wooing California businesses. On a
two-day tour with stops in Costa Mesa, Palo Alto and San Francisco, the old friends
plan to tout the wonders of doing business in their states. Many economists have said
such trips often lack results. Very few companies are dazzled enough by visiting governors
to move out of state, they said. "What a waste of time," said David Neumark, an economics
professor at UC Irvine. "Governors play this game," he said. And if even one company
moves, "then the governor will take a lot of credit and jump up and down and scream."
Neumark said nurturing a thriving business environment at home is much better for
a state's economy than poaching from another region. "But that's not news; that's
not a photo op," he said.
For the full story, please visit http://www.latimes.com/business/la-fi-governors-jobs-20130411,0,6613406.....
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