Thursday, December 3, 2020

Company that kick-started Silicon Valley moving to Texas

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(FOX NEWS) -- Hewlett Packard Enterprise (HPE), the California firm that literally kickstarted Silicon Valley in a garage in 1939, is moving to Texas. The low-key announcement was made via an SEC filing on Dec. 1.

If California’s anti-jobs policies, its high taxes, capricious regulatory enforcement, and blackout-inducing energy policy can chase out the company that launched Silicon Valley, is any business, large or small, immune from pressure to move? Unless a company must directly serve the California market, such as a fast-food chain, the answer is a resounding “No!”

And there’s no sign that things are about to turnaround soon: after the 2020 election, Democrats retained their supermajorities in both legislative chambers while controlling every statewide office. In effect, California is a one-party, anti-free enterprise state.

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The post Company that kick-started Silicon Valley moving to Texas appeared first on WND.



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