[Carry_Okie]

I think California will do okay because of the technology and entertainment sectors

It's been slowly losing the former for twenty years and the latter for the last ten.

[RayChuang88]

I think the presence of Apple, Google, Facebook, Intel and a lot of biotech companies in the San Francisco Bay Area is why the state of California hasn't financially cratered yet. And California wants to keep these companies here for lots of obvious reasons!