Florida has all of these, but doesn’t have the same economy Edit: actually, let me get into more detail on why I reject this hypothesis that I hear all the tim

Florida has all of these, but doesn’t have the same economy Edit: actually, let me get into more detail on why I reject this hypothesis that I hear all the time "California is successful despite its govt / regulations etc.". I reject it in the simple notion that if the regulatory environment was bad for business, it will BE bad for business and it will play out over a time period on actual outcome. It is almost like a product manager saying that "I have the best product, but my users hate it". The fact is that the regulatory environment created the most successful economy in the US is the only thing that matters. Now let me get into why the regulatory machine works - first of all California legislature understands that we live in a knowledge economy - which means a low value regulatory relief like tax cut is unimportant. Rather, what people in the knowledge economy are looking for are safety nets, equality, worker protections, anti-competes, accessible healthcare, acceptance etc. The same arc that provides the strongest LGBT protection in the nation also passes AB5, with the sole intention of protecting worker rights. California laws provides volumes of the above - resulting in global talent willing to move here. Couple that with strong environmental protections, which not only provide recreational opportunities, but also spurs alternative industries. Looks the explosion in solar providers, electric car companies etc.