Dealers: California ‘Shoots Itself’ in Foot
Most of the CE industry knew the California Energy Commission would pass stringent new energy regulations on televisions, which it did in mid-November. But that hasn’t done much to quill the outrage felt by retailers in the wake of the vote.
“I don’t think you can print it,” Leon Soohoo, president and CEO of Sacramento-based Paradyme, said when asked for his reaction. “I think California continues to shoot itself in the foot. We’re a broke state and we continue to do things that hurt our own population.”
Steve Caldero, COO of Ken Crane’s Home Entertainment, agreed. “Everybody’s fighting to stay in business, fighting to do business, trying to deliver value products to customers,” he said. “This does nothing to help the economy of California.”