If you have a governor/senator/mayor who proposes maglev trains, that’s a very good sign that your principality is going to have a major fiscal crisis in a few years time.
This is the sort of thinking that has California in the financial toilet... and to quote Gov. Sanford today on Cavuto, they have a huge GDP in CA and they have squandered it and refused to cut spending and why should the rest of the country be expected to bail them out! Answer: we shouldn’t.