Max Borders writes in the Washington Examiner Opinion Zone about the aerospace exodus from California as those businesses migrate away from back-breaking taxes and regulations. In the case of Northrop Grumman, that move was to Virginia.
Mr. Borders wonders "could L.A. soon look like Detroit?" He reminds:
For long-term economic health, the tried-n-true rules for wealth creation - low taxes, reasonable regulations, and streamlined, cost-effective public infrastructure - still apply.Read the entire op ed here.
California abandoned these rules over the last two decades and is now paying a very high price: the loss of some of it's finest businesses.