À propos of the observations I made the other day, I found this editorial on Toyota’s plan to re-locate its US headquarters from California to Texas interesting, saddening, and discouraging:
Toyota wanted out of California for many reasons: high taxes, steep operations costs and unpredictable state politics. The automaker reportedly had kicked the tires on several locations in Texas as well as in Denver, Atlanta and Charlotte, N.C. And Toyota’s not the only one racing for the exits. In recent years, more than 250 companies have bolted from California, and relocation experts in that state say Texas was their No. 1 destination.
“When you look at the whole package, it’s difficult to be a business here,” said Torrance Mayor Frank Scotto, whose city is the big job loser in Toyota’s move to North Texas.
Toyota has deep pockets and could expand anywhere on its own coin, but Texas made a strong case sealed with a handsome dowry. The benefit to North Texas comes from high-paying corporate jobs and the multiplier effect of new home purchases and countless other spending gains.
You can hardly blame Toyota for its decision but this kind of bidding war is at best a zero-sum game for the country. It’s good for Texans, bad for Californians, meanwhile producing disruption and upheaval.
Oh, de boll weevil am a little black bug,
Come from Mexico, dey say,
Come all de way to Texas,
Jus’ a-lookin’ foh a place to stay,
Jus’ a-lookin’ foh a home,
Jus’ a-lookin’ foh a home.