Economy Disinformation
No, In-N-Out is not leaving California
In-N-Out’s HQ is moving from one part of Los Angeles to another.
False Claim: ‘Expert’ predicts California gas prices will spike to $8 next year
The “expert” in this case has been funded by the Kingdom of Saudi Arabia, and his “analysis” had NO sources and included NO methodology – just guesses.
False Claim: ‘California doesn’t make things any more’
California is the largest manufacturing state — 14.5% of U.S. manufacturing GDP comes from California.
No, California does NOT have the highest taxes of any state
California is one of the most equitable tax systems in the entire country
No, California is NOT unfriendly to business
For the first time in a decade, California is home to the most Fortune 500 companies.
No, the $20 minimum wage for fast food workers did not damage the industry
Fast food employment increased for the first two months of the new minimum wage law going into effect.
No, Businesses are NOT fleeing California.
California has repeatedly, year over year, created substantially more new businesses than both Florida & Texas.