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I like the fact that each state has its own unique character. And if you don't like one state, you have the freedom to move to another. I'm a lifelong northern Californian, can't imagine ever moving away, definately not to southern Cal.
California doesn't try to compete with clone industries that copy our shit and sprout up elsewhere. We invent tomorrow's growth industries, some of which I've already mentioned. The future home, the future armies, the future gadgets, etc.
I'm not worried about Nestle moving. They got public money thrown at them by Virginia and Ohio. The taxpayers of Glendale didn't have to pay for Nestle to stay. No big loss. Congratulations to Virginia, you paid millions for 750 jobs. Good luck with that.