If California continues on its current course of action, it is reasonable to assume that more businesses will continue to pack their bags.
Can California make a change?
Undoing the damage from policies enacted in California can happen. However, this will take time and new leadership.
Ultimately, the upcoming recall election will determine whether or not California makes a change from its status quo. If residents of the Golden State do recall Newsom, then there is a strong chance for California to recover.
However, if Newsom remains in office, then California will simply continue on its current course. This is a course that’s resulted in higher taxes, harmful regulations, a homelessness crisis, and a mass exodus of businesses and residents.
Time will ultimately determine whether or not California can make necessary changes in order for the state to become more business-friendly.
