California is one of the largest and most successful economies in the world.
You never let an opportunity pass in which to display your ignorance of the world beyond your nose.
Maybe you should have read this headline from only five days ago:
"How long will California economy languish?"calmatters.org/commentary/2021/02/california-economy-recovery-unemployment-recall/
California's official unemployment rate is published at 9% but the real unemployment rate is 15%.
Literally millions have lost their jobs over the past year alone.
The ultra wealthy and big businesses (from brokerage firms to tech companies) have already left in droves along with millions of long-time state residents. Unsurprisingly they are fleeing to solidly Republican, low or no tax states like Idaho, Utah, Texas, Wyoming, and Florida.
The situation is so dire and California is so cash strapped now that it actually has been trying to pass an "Exit Tax" which would require anyone who leaves to continue to pay taxes back to the state for ten years after they departed regardless of where they move to.
California also desperately tried to get billions in federal bailout money to cover their massive state and local budget deficits by tying it to COVID relief. They failed.
bumfuck USA
That would be a great motto for Pelosi's queer capital district of San Francisco. But now it is even more apt for the entire of California. They literally f*cked themselves over in every sense of the word.