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0 sats \ 0 replies \ @SimpleStacker 21h \ on: What makes California so economically successful? econ
Think of California as a slow descent from picture 1 to picture 2. Elements of both are present. Picture 1 was more prevalent 10-20 years ago, but it is sliding more and more into picture 2.
Big part of it is simply government mismanagement, and the people are also partly to blame because they do not understand how the government mismanagement leads to all these problems. instead, they want government to fix the problem, not knowing that they often are the cause of the problem to begin with.