
English: La Jolla Photo: G Larson Category:Images of San Diego (Photo credit: Wikipedia)
We now have environmental impact statements that are required in some states, like California, that add to the cost of business and add a delay in starting new construction. I am sure that Mitt can talk at length about how hard it was to gain approval from the California Coastal commission to rebuild his La Jolla mansion. He can certainly afford the cost, but the delay probably was an irritant. As a former California resident, I can assure you that protection of the coastline from a 800 mile long wall of mansions was what the people wanted.
In addition to an environmental impact statement, I favor an economic impact statement for any layoffs or plant closings above a certain level. A company has a responsibility to the people it employs and to the society in which it lives. Without a healthy economic environment, no company can thrive. An employer needs a functioning infrastructure, educated employees and a safe and healthful working environment. Without these benefits normally provided by government from tax revenues, many companies will move to locations that do provide those benefits. Every American is entitled to those benefits. Companies that force states to compete for plant sites by offering concessions should be ostracized.
P. S. With further thought, I think that the best way to force companies to be more socially and economically responsible would be to amend their corporate charters. Now, earning a profit is their sole goal; earning a profit and caring for their human resources should be twin goals in the future.