“Three years ago it was exactly the amount of the budget gap. The retirement situation has made it worse.”
Yeah, and not to mention major corporations moving Hq. out of California.
—Fluor Corporation
—Fidelity National title
—Northrup Grumann
And probably many, many others.
The effect is loss of corporate taxes, and many very highly paid workers, who paid taxes and generated economic activity.
Brown has his hands filled, and occasionally he lets the truth slip out.
Even in Orange County the one time abundance of beautiful blonds and fair skinned girls at the beach has been displaced by lotsa black haired frumps.
That is a metric few will grasp.