Very interesting article by Joel Kotlin at Forbes.com "Who Killed California's Economy?" and I tend to agree with his point of view. Otherwise California will turn out to be land of extreme rich (who does not pay much tax), liberal elite and those who service rich and elites.....Usual suspects are:
1. Arnold Schwarzenegger
2. The Public Sector
3. The Environment
4. The Business Community
5. Californians
Happy Investing!!!!
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