Reply #68: Hehe... your analysis is very theoretically interesting.

[LooseWilly]

I have a friend who tried to live out the dream of the theory you propose. He made a million here, and another million here... and then decided to bail on California.

He has since realized that he can't get investors in his new project, since the investors seem mostly inclined to invest in companies based in... California. (Software/ Internet investors anyway)

How many other "affluent" CA taxpayers will find that trying to pretend that they're multi-national corporations will also find it difficult/impossible to find work and wind up coming back to CA?

Hell, part of the reason my friend is liable to come back is that he seemed to miss the presence of daylaborer-types to do hard work for minimum wage... so the "huge number of migrants and economically lower class residents" in CA are something of a "resource" to the affluent in CA... let's face it, the rich wouldn't know what to do without them as employees.
And these are the people who almost never get "government assistance".

Some corporations might be moving some of their lower skilled jobs out of California to other states with less educated (despite our shitty education spending) populations.. hoping to get cheaper customer service workers in Louisiana, or India... but the software jobs, and the firms investing in such... they're not going anywhere, apparently.

Just saying.