During the Prop 23 debate, local conservative bloggers pointed out that AB-32 would force many companies to level the state. At the head of this pack of lefties for sustaining AB-32 was Steven Frisch, Sierra Business Council. Now we learn that is Toyota bailing on California.
The world’s leading automotive maker will follow the lead of its competitors and other large businesses, and leave California for better business climates elsewhere. Toyota had its US headquarters in Torrance for more than three decades, but now nearly 5,000 jobs will shift to Texas.
Yes, Texas which has fewer regulations, does not have a legislature invested in stopping global warming, and very business friendly environment. I predict that more will follow. Stay Tuned!