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California is a big, beautiful state, with a $4.1 trillion economy, making it one of the largest economies in the world.
But it is a state with a problem. Instead of counting its blessings, it is now consuming its blessings.
California’s magnificent climate, ecology and natural resources attracted waves of population, business and talent over the years.
This led to booming industries in agriculture, entertainment, real estate and technology.
But now it’s going in the opposite direction. Skyrocketing costs in living and doing business, mostly due to taxation and regulation, are driving business and labor out of the state.
Per the Public Policy Institute of California, every year in the last 25 years has seen more departures from the state than arrivals.
From 2010 to 2024, there were 10 million departures and 7 million arrivals.
Hundreds of corporations have moved out of the state. Over the last few years, this has included McKesson, Chevron, Telsa, Oracle, CBRE, Charles Schwab and Hewlett Packard Enterprises.
Gov. Gavin Newsom’s reaction to this has been indifference. Last year, when the CEO of Bed Bath & Beyond announced that it would open no stores in California in its corporate reorganization, his explanation was that California’s business environment “makes it harder to employ people, harder to keep doors open, and harder to deliver value to customers.”
The response from the governor’s office was: “After their bankruptcy and closure of every store, we thought Bed, Bath, and Beyond no longer existed. … We wish them well in their efforts to become relevant again.”
Per Joel Kotkin of Chapman University and University of Texas-Austin, California has “roughly half of the nation’s homeless population…has the highest unemployment rate of any state…and has the highest cost-of-living adjusted poverty rate.”
Continues Kotkin, the state has “hemorrhaged 1.6 million above-average paying jobs over the last decade,” and created “five times as many low-wage as high-wage jobs.”
Meanwhile, Newsom, per Kotkin, has hired a New York PR firm, at a cost of $19 million to California taxpayers, to develop a PR campaign for the state.
Per a Public Policy Institute of California survey, only 1 in 3 Californians see their state as a good place to realize the American dream.
When things seem chaotic, as they do today, it’s usually a sign that change is underway.
California is usually a leading edge for the country. Just as the nation is faltering and in need of a great rebirth and restoration of founding principles, for sure this is what’s happing today in the Golden State.
Star Parker is founder of the Center for Urban Renewal and Education. Her recent book, “What Is the CURE for America?” is available now. To find out more about Star Parker and read features by other Creators Syndicate writers and cartoonists, visit the Creators Syndicate website at www.creators.com. COPYRIGHT 2026 CREATORS. COM







