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If California is such an ‘anti-business’ state, why is its economy booming?

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If California is such an ‘anti-business’ state, why is its economy booming?

Is there anything that breeds more cognitive dissonance in the heads of business prognosticators than the performance of the California economy?

The question is inspired by the release of yet another survey placing California in the basement among states as measured by their receptivity to business.

This one comes to us from Chief Executive magazine via its annual “best & worst states for business” survey.

In the 2021 survey, published April 28, California held its perennial spot as the worst state for business. The outcome was so predictable that the magazine’s editors turned it into a joke: “Just guess” which state ranked 50th, its headline said, with a knowing wink.

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