Japanese Company Knows a Sinking Ship When It Sees One

One of the world's great companies, Neptune Orient Lines Ltd., is ditching California and moving its US headquarters to lower cost Phoenix, AZ. Of course, they are several years behind Nissan. I'm sure they are, but if they aren't, California's neighboring states ought to be on a full-court press to woo businesses out of the Golden State right now. It's a great opportunity to poach jobs and growth opportunities. This is beauty of federalism folks, states have to compete for jobs and business. It is the only corrective mechanism we have now that our democracy has been so diluted by incumbancy protection measures and responsiveness to citizens' will is almost nil.