I noticed that there are a lot of people leaving California-not me personally- I just got here in 2008. But others are finding that life out West is not as prosperous as it once was. Perhaps it is because California (the 8th largest economy in the world) is bleeding red ink. What is most sickening is that the states b-rated actor/steroid abuser/body builder Governor (the man who rode into office due to a bogus recall and is leaving with his tail between his legs.) Many people I met here are counting the days till he leaves office in 2010. He cannot run again but even if he could I doubt anyone would vote for him. Why am I talking about the lame duck governor of California in this blog-because he is making the state poorer and that affects business everywhere-Mountain View and Silicon Valley is not immune. It affects me personally with his plan to impose higher sales tax (8.75%) while cutting benefits to everything else that matters in our day to day lives-healthcare, education, public services. I hate the 8.25% sales tax California has now-if they are gonna raise it should go to helping the economy and not to cover a lame duck governors bad mismanagement.
Yes there is a reason why people are getting the hell out of California-cause the unemployment is over 10% and all Californians are about to pay more out of pocket and get less. People with less money to spend adversely affects business-all businesses including web, brick and mortar, service industry-everything. I know that the worse is yet to come for Silicon Valley (it is inevitable considering the sorry fiscal condition of the State) and when there is no more money to squeeze out of the few businesses and people that decided to stay-then "it" will really hit the fan.
But regardless of what happens in Mountain View, Silicon Valley or California myabuy.com will prosper and survive. Being self funded I am used to doing more with less-and concentrating on making a better site rather then putting lipstick on a pig and hoping no one notices the difference.
Till later my pretties:)
Chief myabuyer
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