Is CA doing so well because of their management style or in spite of it?
>>Is CA doing so well because of their management style or in spite of it?<<
Because of the weather and the natural resources. Trust me it is a hard adjustment to leave it — I loved there for over 50 years and am now in Texas.
I miss the weather and the access to the beach and mountains and so many other physical things daily — sometimes it is painful.
So the very rich just take the hit, figure out how to pass it on the hoi polloi, and move on. The mass of very poor just look for more welfare benefits and pay the massive regressive sales taxes — which they get back from the increased welfare.
And round and round it goes — FOR NOW. But that cycle has loss built into it and soon California will join Ill, PR and CT in massive economic problems.
The more I hear (I still listen to Los Angeles radio since radio everywhere else is so awful) the more I am glad I moved away from those insane people.