That does not mean that we should settle for being only slightly better than that.
If the tech and entertainment industry were to leave California, the state would be left with the "State" being the biggest employer. Tell me how a state can survive financially when GOVERNMENT is the biggest employer? It is the Governments money ! No, it is the money that the Government skimmed from the working citizens.
They talk of how they are financially sound but rarely do you hear of the huge balloon payment of public employee pension and medical costs that are looming on the horizon. It used to be that a skilled person only took a state job because they were not good enough to make it in the private sector. The generous wage and benefit packages (At taxpayer expense, of course) have made it where the smart and selfish money is in Government work.