California's Tort Problem

The San Jose Mercury reports:

The lack of reforms makes California ripe for exploitation, costing jobs. When deciding where to start a new business or expand operations, entrepreneurs opt for states with balanced tort systems that discourage excessive litigation. In 2006, for example, job growth was 57 percent greater in the 10 states with the best tort systems than in the 10 states with the worst. That same year, state-level GDP grew 25 percent faster in the 10 best vs. the 10 worst.

California is simply a bad place to do business.