I predict a mass exodus when the pols start sneaking in more new taxes to cover their power-drunk, years long spending spree. Our budget deficit is larger than 48 other states combined! We are essentially bankrupt and the liberals all just ordered new luxury SUVs to tool around their districts in!!!
Between high California taxes, lack of water from the Colorado River, institutionalized higher power costs due to bonding what should have been paid off quickly, and being a haven for anti-business litigation, California's economy is amazing.
It will be interesting to see if the economy can be revived? If it doesn't then you are right, the only logical result is an exodus of people and that would result in a real crash in government spending.