Gov. Arnold Schwarzenegger was all smiles in 2006 when he signed into law the toughest anti-global-warming regulations of any state. Mr. Schwarzenegger and his green supporters boasted that the regulations would steer California into a prosperous era of green jobs, renewable energy, and technological leadership. Instead, since 2007 — in anticipation of the new mandates — California has led the nation in job losses.
What do you expect? The more regulation that government imposses on business, the more that business will move to someplace that has less regulation.