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Job growth is booming across the U.S. but not in California. Here's why

latimes.com

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Re: Job growth is booming across the U.S. but not in California. Here's why

#71

Post by api »

readyman wrote: post #52
shuckles wrote: post #46

Earlier quoted context omitted.

Tesla's primary R&D and manufacturing operations are in the San Francisco Bay Area. How does that impact land values in Southern California?

That's irrelevant. EVs are necessary to preserve land values in Socal, which is why Cali real estate funded Cali politicians to use all of their weight to win fed funding for the Tesla project in the first place. Everybody knows (whether they admit it or not) that EVs don't help with global warming. They merely displace polution from places like the San Bernadino Valley and Los Angeles, which is all they were meant t…

Total nonsense. An EV running on coal emits less CO2 per mile than an average efficiency gas car, and that’s the worst case. Almost nobody gets all their power from coal. California can be >50% solar during the day.

Transit is better but there is zero chance of replacing all cars with transit. Car centric development is deeply entrenched nationwide not just in SoCal.

Re: Job growth is booming across the U.S. but not in California. Here's why

#72

Post by 7thaccount »

ivalm wrote: post #9
7thaccount wrote: post #3

Earlier quoted context omitted.

I've had several offers to work in startups in California that don't do remote. Instead of just saying no outright I ask the HR person where the office is or look it up. It's usually near Silicon Valley and I have to explain that they'd have to pay me CEO pay to make up for the increase in living/home expenses. I mean...$1.5M to get a home similar to what I paid $150k for not that long ago is hard to justify.

Tbf, startup ceo pay is not that great. Except for maybe very late stage engineers often get paid more in base comp. And at late stage your startup should pay you enough to live in Bay Area.

True, but I was just trying to point out that they'd have to pay me a lot higher than they would ever do, to make it not a loss to me. Either you make it remote, or you maybe relocate to some place cheaper.

Re: Job growth is booming across the U.S. but not in California. Here's why

#73

Post by seanmcdirmid »

readyman wrote: post #68
seanmcdirmid wrote: post #59

Earlier quoted context omitted.

> Everybody knows (whether they admit it or not) that EVs don't help with global warming. That isn’t true: this is very a popular crank theory right now, but it’s not a popular opinion in mainstream science or among the public at large.

It's absolutely true. The detriment of manifesting the necessary new and very nasty manufacturing processes make it a done deal, especially compared to simply building trains, which is admittedly not simple in the US due to the cruel and unusual political economic situations. Nevertheless, all of this is true.

I get it, it’s the most important theory of crank science today. But it makes assumptions like people buying EVs and incinerating their existing ICE cars, everyone getting electricity from small island diesel generators or the dirtiest coal plants, etc…

China is doing all of the above, BTW and it’s working well for them. You build out HSR, local transit, and EV capabilities out all at the same time. It will work out well for them.

Re: Job growth is booming across the U.S. but not in California. Here's why

#74

Post by toomuchtodo »

api wrote: post #69
shostack wrote: post #45

Earlier quoted context omitted.

If you consider Texas more liberal than California purely on the basis of home affordability it is clear you're not interested in making a serious point.

My point is that I see deep hypocrisy in a society that prices housing out of reach of anyone below upper middle class while pretending to be liberal and progressive. I don’t consider Texas liberal but at least you can have a home without earning $200k or above or having a liquidity event. My personal opinion is that any good done by liberal policies in California is negated by housing.

Chicago and the western suburbs in Northern Illinois would’ve been a better example than Texas imho.

Re: Job growth is booming across the U.S. but not in California. Here's why

#76

Post by readyman »

seanmcdirmid wrote: post #73
readyman wrote: post #68

Earlier quoted context omitted.

It's absolutely true. The detriment of manifesting the necessary new and very nasty manufacturing processes make it a done deal, especially compared to simply building trains, which is admittedly not simple in the US due to the cruel and unusual political economic situations. Nevertheless, all of this is true.

I get it, it’s the most important theory of crank science today. But it makes assumptions like people buying EVs and incinerating their existing ICE cars, everyone getting electricity from small island diesel generators or the dirtiest coal plants, etc… China is doing all of the above, BTW and it’s working well for them. You build out HSR, local transit, and EV capabilities out all at the same time. It will work out…

>You build out HSR, local transit, and EV capabilities out all at the same time

And the critique is that the US is not and cannot do so. These are political problems and our politics are dominated by the interests of capital, not the interests of our society.

Re: Job growth is booming across the U.S. but not in California. Here's why

#77

Post by davoneus »

TMWNN wrote: post #60
ChuckMcM wrote: post #21

Earlier quoted context omitted.

You may find this web site enlightening, I certainly did ( https://taxfoundation.org/data/all/state/tax-burden-by-state... ) This paragraph in particular for me Since we present tax burdens as a share of income as a relative ranking of the 50 states, slight changes in taxes or income can translate into seemingly dramatic shifts in rank. For example, Oklahoma (10th) and Ohio (24th) only differ in burden by just over o…

What a great data resource. Thank you for sharing it. That spread between CA/NY and TX/FL really puts things into perspective. And before someone else rushes in with "Oh yeah, California subsidizes all the hillbillies in the red states!": No, that is not true. Only CT, NJ, and MA's citizens on average paid more federal taxes during 2015-2021 than they received back from Washington. https://news.ycombinator.com/item?i…

Typical; someone with only half of a story pushing an agenda. You can look at the data yourself(*) No state pays more outright than California. Followed closely by NY, Mass, Ct, NJ. Look at per-capita income, and California is receives less than 44 other states. Lets see how does that compare some of those "red" states?MS(#8), Al(#7), La(#11), Ar(#15), Ky(#2), SC(#13), Tn(#16), Wv (#5), Oh(#21), Tx(#36), Mt(#19), NC(#20)?

Don't know about you, but the data sure tells another story doesn't it? I damn well don't live in CA (midwest), but don't believe anything on the 'net until you verify it yourself. Too many people pushing an agenda.

(*) https://rockinst.org/issue-areas/fiscal-analysis/balance-of-...

Re: Job growth is booming across the U.S. but not in California. Here's why

#78

Post by seanmcdirmid »

readyman wrote: post #76
seanmcdirmid wrote: post #73

Earlier quoted context omitted.

I get it, it’s the most important theory of crank science today. But it makes assumptions like people buying EVs and incinerating their existing ICE cars, everyone getting electricity from small island diesel generators or the dirtiest coal plants, etc… China is doing all of the above, BTW and it’s working well for them. You build out HSR, local transit, and EV capabilities out all at the same time. It will work out…

> You build out HSR, local transit, and EV capabilities out all at the same time And the critique is that the US is not and cannot do so. These are political problems and our politics are dominated by the interests of capital, not the interests of our society.

The statement “EVs won’t seriously do anything about global warming” is explicitly a global one, not limited to the USA (or you could have said US warming).

Re: Job growth is booming across the U.S. but not in California. Here's why

#79

Post by TMWNN »

davoneus wrote: post #77
TMWNN wrote: post #60

Earlier quoted context omitted.

What a great data resource. Thank you for sharing it. That spread between CA/NY and TX/FL really puts things into perspective. And before someone else rushes in with "Oh yeah, California subsidizes all the hillbillies in the red states!": No, that is not true. Only CT, NJ, and MA's citizens on average paid more federal taxes during 2015-2021 than they received back from Washington. https://news.ycombinator.com/item?i…

Typical; someone with only half of a story pushing an agenda. You can look at the data yourself(*) No state pays more outright than California. Followed closely by NY, Mass, Ct, NJ. Look at per-capita income, and California is receives less than 44 other states. Lets see how does that compare some of those "red" states?MS(#8), Al(#7), La(#11), Ar(#15), Ky(#2), SC(#13), Tn(#16), Wv (#5), Oh(#21), Tx(#36), Mt(#19), NC(…

I love how you cited the Rockefeller Institute's URL, as if you're the first one to do so; the whole point of my pointing people to the Rockefeller data was so they could see for themselves. I also can't believe that you actually said "No state pays more outright than California"; anything else would be a surprise given how large the state's population is.

In any case, as I said in my previously cited comment, what matters is the net per capita amount, the difference between how much a state's citizens[1] pay to Washington versus how much they and their state get back from Washington. Californians overall benefited more from federal spending than they paid in federal taxes over the years I cited, just like every other state except three. That's not exactly the "California subsidizes all the hillbillies in the red states" mantra that is so often repeated online.

[1] Not the state itself, which does not pay a cent to Washington.

Re: Job growth is booming across the U.S. but not in California. Here's why

#80

Post by carom »

_8j50 wrote: post #33

California as a whole is a great place to live but I have no idea how people manage. My biggest hangup isn't jobs but housing. You have to be a millionaire to afford a small house far away from any city. And if you decide to rent instead, then even making 200k+ you are unlikely to afford a house at all. By the time you save up a million, housing prices increasing and inflation will push you back to square one. If you…

This is a little exaggerated. You can own a $1m home on 180k/yr at old interest rates. I am not a millionaire and bought a $1.2m property in the heart of LA.
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