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RE: LeoThread 2025-11-11 03-09

in LeoFinance2 days ago

Part 7/10:

In the arts and entertainment industry, Hollywood’s decline is palpable. Increasing costs, high taxes, and stricter regulations have led to film productions moving out of California, further eroding the state’s once-dominant cultural industry.

Political and Policy Failures

California’s policy failures extend into energy, education, and social services:

  • The state's refinery shutdowns signal a retreat from fossil fuels, with the government desperately seeking buyers for these assets.

  • Public schools struggle, with delayed and declining test scores exacerbated by COVID lockdowns.

  • Homelessness and poverty have surged, with estimates indicating a significant portion of the nation's poverty rests in California.