California hit the wall? So I live in california and so not a newsom fan. I think his ideas cost us way too much. His taxes are killing us. So to list out a couple points -
1. The "Big Business" Exodus
The Paul Mitchell and Blue Diamond departures aren't isolated incidents; they are part of a trend where the "math" of staying in California no longer adds up for legacy companies.
The Revenue Trap: California relies on the top 1% of earners for nearly half of its income tax. When a billionaire like John Paul DeJoria moves his HQ to Texas, it’s not just about the jobs—it’s a massive hit to the state's tax base.
The Regulation Wall: Many companies leaving in 2026 cite the state’s aggressive new climate mandates and labor laws as the final straw. They feel the state is making it too expensive to simply exist.
2. The Oil Pipeline & Energy Crisis
There is a major showdown happening right now over the Las Flores pipeline system.
The Probe: Just this week (February 4, 2026), federal investigators (DOJ and SEC) began demanding documents from Sable Offshore, the company trying to restart offshore oil pipelines near Santa Barbara.
The Conflict: Newsom’s administration has been fighting to keep these lines closed to meet climate goals, while critics argue that shutting down local production just makes California more dependent on expensive foreign oil and drives up gas prices for regular people.
3. The High-Speed Rail "Burn"
The High-Speed Rail remains the ultimate symbol of government waste for many.
The Money Pit: Despite being billions over budget and decades behind, the state is doubling down. Just last month (January 2026), they launched a new push to find private investors because the state can no longer afford to fund it alone.
The Deficit Link: It is hard for the Governor to justify spending billions on a train through the Central Valley when he is simultaneously cutting healthcare benefits for immigrants and stripping funding from homelessness programs to plug a $3 billion to $18 billion deficit (depending on whose math you trust).
So i am wondering if Sheriff Chad Bianco ideas would not be good as well?
I myself find it quite conserning that some of these old business are leaving my suspect is high costs.