California's economy has reached the peak of the cycle, and is now heading down. At the bottom of the cycle, old money will buy up all the prime land then kick the socialists out, followed by incredible profits, starting the cycle over. Old money loves long term cycles, not economic stability.
The Republican Party should embrace the reconstruction of California to make sure it can house all the illegals in the United States, and make sure they don't get counted for apportioning House seats, or be allowed to vote. And California needs to impose a special tax on the entertainment industry, especially those who try to abscond to Colorado etc.