Why is California in such dire financial straits?
I’m not interested in the various political explanations: “it’s Schwarzenager’s fault, it’s the Democrats’ fault.”
California has one of the largest economies in the world. They’re a top agricultural producer, produce almost everything. And yet they’ve been in financial trouble for the last generation or so. In all seriousness: what gives?
This question is in the General Section. Responses must be helpful and on-topic.