Did you know that California, home to hundreds of tech companies including some of the world's biggest and most-influential, drags out the process for approving the launch of a new business to almost 250 days, while Texas gets entrepreneurs on their way in only 22 days? If not, don't feel bad—the Governator himself didn't have a clue, either, as you'll see in this video. If it's true that late is better than never, then perhaps we should feel relieved that after being in office for seven years, California Governor Arnold Schwarzenegger has only just now found out that his state's massive and suffocating bureaucracy is functioning as an immovable impediment for entrepreneurs, as pointed out by Ed Morrissey at HotAir.
To read the full, original article click on this link: Global CIO: Schwarzenegger Shocker: California Strangling Entrepreneurs -- InformationWeek
Author: Bob Evans
