Will California Lose Its Entrepreneurial Spirit as More Businesses Invest in Other States? | Marshall Toplansky

California Insider

“Who is leaving? That’s probably the most worrying aspect of all of this. The people who are leaving are the most productive, what I call the seed corn of California—people who are going into family formation stage, 30- to 50-year-old people who are mid-career, people who make $200,000 a year and above. And so what we’re left with, which is kind of ironic, is an aging, graying generation that need more services in the form of personal services and health care services, and the low-income people that service them.”

Siyamak sits down with Marshall Toplansky, innovation professor at Chapman University, who has been studying California’s exodus. He shares his findings from researching the demographics of the people who are leaving California, and how this population decline is going to impact Californians—our innovation, culture, and future prosperity.

*Views expressed in this video/article are opinions of the author and do not necessarily reflect the views of the Epoch Times.