No, New York Beats California in Sprint to Last Place

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June 12 (Bloomberg) -- When a government watchdog asknowledgeable as Steven Greenhut, a Bloomberg View contributor,writes that California deserves to knock New York out of lastplace in rankings of state business climates, it’s tempting toagree. If only he had a stronger case.

True, the two states are virtually neck and neck by manyanti-market measures. To take just two of the more importantinputs for manufacturers, in particular, New York ranks justbelow California in a nationwide index of workers’ compensationpremiums, and slightly above California on average energy costs.