If you are of the pour-over coffee, avocado toast, Lime generation then you probably don’t care about Prop 5. If you are old enough to remember percolated coffee, avocado green toasters and Prop 13 then you are very interested in Prop 5.
California has a larger economy than Russia. We have the fifth largest economy in the world. In the CNBC ranking of Americas Best States for Business, we are number one in technology and access to capital so then why are we number 25 overall? It is because we are 48th for Cost of Doing Business, we are 49th for Cost of Living, and we are 50th - dead last - for Business Friendliness.