The cycle of uncreative destruction

The poli-demographic cycle at work in California:

How does one explain how California is broke, tens of billions of dollars in aggregate debt, despite having among the highest sales and income taxes in the nation?

We are naturally rich beyond belief—timber, oil, agriculture, a long sea-coast, wonderful weather, mountains, sea, and valleys—and inherited lucrative industries in tourism, computers and software, defense and great universities. Our grandparents left us a once wonderful freeway network, a tripartite higher education system, ports, airports, dams and canals.

So what went wrong, and why are tens of thousands of Californians leaving the state with bachelor degrees and above, while tens of thousands enter without high-school diplomas?

The answer, as VDH knows perfectly well, is simple. Ideology matters. Left-wing ideology is intrinsically parasitic, and once its depredations sufficiently weaken its host, both the parasite and the host are doomed. California is appears to be reaching that point, and the entire United States of America is not far behind it. Unfortunately for the residents of other states, many of the individuals who passively permitted this transformation – and in some cases actively encouraged it – have relocated and are now spreading their ideological filth in their new environs.