CA economic woes troubling

[SleeplessinSoCal]

Last edited Fri Apr 5, 2024, 05:46 PM - Edit history (1)

Newsom seems to have run into trouble. And that worries me regarding the Feinstein Senate seat.

California Businesses Revolt Against Gavin Newsom's New Tax Hikes

https://www.msn.com/en-us/news/politics/california-businesses-revolt-against-gavin-newsom-s-new-tax-hikes/ss-BB1l8T0H?cvid=960d571368664b9e8f3517ac5addb5b7&ei=26

Also bleeding jobs and losing people

California is gripped by economic problems, with no easy fix
Rising unemployment, a growing deficit and persistent outmigration are a painful trinity

https://duckduckgo.com/?q=why%20california%20economy%20is%20struggling&iar=news&ko=-1&ia=news&iai=https%3A%2F%2Fwww.economist.com%2Funited-states%2F2024%2F03%2F31%2Fcalifornia-is-gripped-by-interlocking-economic-problems-with-no-easy-solution&pn=1

And to add to the woes, India may overtake CA to be 5th, not overtake Germany as 4th largest economy

COULD CALIFORNIA DROP DOWN TO SIXTH LARGEST ECONOMY?

India could soon replace California as the world’s fifth largest economy, report says

https://www.msn.com/en-us/money/markets/india-could-soon-replace-california-as-the-world-s-fifth-largest-economy-report-says/ar-BB1l2ncz