CA will be in for a rude awakening when the fed $ begins to disappear.
I appreciate the economic powerhouse that CA is, despite the phenomenal taxes and regulation. But I’ve long suspected that if you pulled the fed $$ carpet out from under, it would absolutely collapse like a house of cards. I’m ready to try that.
CA ALREADY sends more money to DC in taxes than benefits they receive. By about 30%.
It’s been so since the 50s.
And CA has 31% of all Welfare recipients in the nation.