@CountryRoads I see you recently joined Tug conversations a little over a month ago. If you are a timeshare owner or interested in timeshares, welcome! Recommend joining TUG for $15 a month because it is well worth it. (It also helps to boost your credibility score.)
We've discussed California in the past and a referendum was launched by Russian trolls a few years ago. How do we know this one isn't the same thing?
FWIW, there is no way the U.S. would vote for such an item for two reasons:
1) California alone is the fifth largest economy in the world if it were a nation-state. Bigger than Russia, Canada, France, or the U.K. The U.S. would diminish significantly in GDP power and economic viability significantly with the loss in agriculture, tech, movies and biotech industries. Big loss in negotiating power on the world stage. Big loss in population to sign up for the military to defend the nation.
2) California is a net contributor tax-wise to the nation. How would the Federal Government make up for this loss in revenue to support other states that are net-users that depend on money from the U.S. Govt?
Wash D.C. would not come anywhere close to making up the shortfall for #1 and #2 above. California would do fine on its own but it would not be in the best interests of the U.S.
California's economy grew to $2.747 trillion in 2017, eclipsing the United Kingdom's $2.625 trillion figure and leaving it effectively sixth on the world stage, according to data from the US Department of Commerce.
www.businessinsider.com