> The idea that California could become an economic wasteland is absolutely preposterous. It does have its problems: costs are high and there's extreme inequali

> The idea that California could become an economic wasteland is absolutely preposterous. It does have its problems: costs are high and there's extreme inequality (because of the nation's worst land taxation and land use policies combined, read your Henry George folks). The wild housing market is 90% of the inequality. The other 90% can be summed up by this 1994 article in the New York Times [1]. [1]: https://www.nytimes.com/1994/10/16/books/what-is-intelligence-and-who-has-it.html https://www.nytimes.com/1994/10/16/books/what-is-intelligenc... [1]: https://www.nytimes3xbfgragh.onion/1994/10/16/books/what-is-intelligence-and-who-has-it.html https://www.nytimes3xbfgragh.onion/1994/10/16/books/what-is-...