Opinion: New economic study puts it plainly: California’s competitive edge is declining
This question, framed in various ways in media and political venues, has hung over the state in recent years as its population declined after more than 150 years of growth, as some major corporations decamped for other states, and as poverty, homelessness, urban street crime and other social maladies festered.
“We argue that California has been, and continues to be, the perennial winner in the overall competition that is the economic equivalent of an Olympic decathlon among the nation’s states,” the study declares. “However, other states have narrowed the gap or even captured top honors in an increasing number of event contests.”
A major aspect of the study is viewing California not so much as a single entity but as a collection of regions, each with strengths and weaknesses, with a particularly focus, understandably, on Southern California.
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