California gets "C" grade on development report card

[Bush_Eats_Beef]

Silicon Valley/San Jose Business Journal - 12:04 PM PST Tuesday
California gets C on development report card

California's economic developments effort earn it a grade of C, the Corporation for Enterprise Development said in its annual Development Report Card for the States.

The Washington, D.C., outfit ranked each state in a dozen categories, and California suffered an F in "amenity resources and natural capital" and an A in four realms: "research efficiency," "entrepreneurial energy," "financial resources" and "innovation assets."

"California has shown that it provides uneven opportunities for its residents," the organization said. "While extremely high-paying jobs exist for some, many workers in the state find it tough to find and keep a quality, full-time job. State residents also face high urban housing costs and a low home ownership rate.

"California's entrepreneurial climate is strong, and the state invests heavily in innovative research and businesses," the report continued. "Though the state has a large number of highly educated workers, its level of investment in K-12 education, as well as its K-12 educational outcomes, are below average. This raises concerns about the preparedness of the next generation of workers for 21st century jobs."

http://www.bizjournals.com/sanjose/stories/2006/01/30/daily21.html?f=et79&hbx=e_du

[padia]

1. its the repug way n/t