I think you are correct. The markets will develop to meet the new paradigm.
But: When Californians start bitching about their four-buck eggs, California will start looking for ways to force the rest of the country to pay. Ask Amazon about that, they’ll be happy to tell you about their experience with the CA machine.
Well, at least we know they cannot OVERTLY apply a tariff. Though many would argue this law is a tariff, I don't agree.
However, it IS an obstacle to suppliers in the market that reach beyond the state border and is likely to be ruled Unconstitutional...leaving the remaining CA egg producers at severe market disadvantage.
Egg production will continue to decline here...but they will be better eggs!
The cheaper eggs fr4om out of state will dominate the market...moving additional business, production and tax base out of the state.
Now, if we could just figure out how to export the 10 million welfare recipients we'd be all set.
Alas, the politicians in Sacramento instead pass laws that attract the freeloaders from all over the country (and outside the country too!).
Yep, we're a complete and total basket case.
But it sure is pretty here. And, did anyone tell you bout all the sunshine and wonderful weather?
It's about all we have figured out.
The rest of it is like watching a retard after a half bottle of whiskey and two hits of acid. Not a damn thing you can do but stay out of the way.