https://hotair.com/headlines/archives/2012/04/27/as-california-collapses-obama-follows-its-lead/feed/HotAir is the leading conservative blog for breaking news and commentary covering the Biden administration, politics, media, culture, and current elections.en-usTue, 09 Jun 2026 04:22:26 -0400<![CDATA[The newer companies that can afford the sky-high costs of coastal California, and can pay their employees adequately to do the same—places like Google, Apple, Facebook, and Twitter—employ relatively few people compared to older, manufacturing-oriented technology firms such as Hewlett-Packard and Intel. While cherry picking highly educated professionals, the new firms create few local support positions that would spread some of the wealth. What middle-income jobs they do create tend to be located in lower-cost, more business-friendly American cities like Salt Lake City or Austin, or, increasingly, overseas.]]>Fri, 27 Apr 2012 22:20:26 -0400<![CDATA[Allahpundit]]>https://hotair.com/headlines/2012/04/27/as-california-collapses-obama-follows-its-lead-n279320