From the LA Times:
Joining forces, Utah Gov. Gary Herbert and Virginia Gov. Bob McDonnell are heading to California on Thursday to try their luck at wooing California businesses. On a two-day tour with stops in Costa Mesa, Palo Alto and San Francisco, the old friends plan to tout the wonders of doing business in their states. Many economists have said such trips often lack results. Very few companies are dazzled enough by visiting governors to move out of state, they said. "What a waste of time," said David Neumark, an economics professor at UC Irvine. "Governors play this game," he said. And if even one company moves, "then the governor will take a lot of credit and jump up and down and scream." Neumark said nurturing a thriving business environment at home is much better for a state's economy than poaching from another region. "But that's not news; that's not a photo op," he said.

For the full story, please visit http://www.latimes.com/business/la-fi-governors-jobs-20130411,0,6613406.....

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