"Will be"? There are already 1,000 native born Americans a day pulling up stakes and high tailing it out of California (my home state).
California ranks dead last among the 50 states in polling of business people across the country.
I moved my own business and my family out of Cali three years ago when the voters rejected Arnold's first ballot initiatives. Those initiatives were common-sense, conservative measures which could have pulled California out of the nosedive, but no, the people had to have their pie.
That was enough for me. Handwriting on the wall.
None of those initiatives would have changed the fiscal situation. Prop 76 did authorize even more borrowing, though.
I’m still here in tax-hell SoCal. Must admit the weather and natural beauty and life quality still have a hold on me. But think about leaving and where to go every day. I would be sad to leave. New Mexico and Tucson are high on the list...