Has the supposed corporate exodus from California been good for it's economy? SC 1978 Points Member Joined: Jan 6, 2020 Messages: 333 Likes Received: 48 Jan 15, 2020 at 6:57 AM #1 I keep hearing from republicans that there's a mass corporate exodus from California. Places like Texas and Nevada are said to be poaching big business from the Golden State and a looming economic catastrophe is imminent under democratic legislative control, has been for years they keep saying and yet the sky hasn't fallen yet. Quite the opposite has taken place. Under Gov. Brown (and continuing under Gov. Newsom) a windfall of opportunity has led to huge economic growth for small and big business alike. From the Wall Street Journal Jerry Brown’s Legacy: A $6.1 Billion Budget Surplus in California The governor hopes to avoid the fate of predecessors who left office with big deficits California Governor Jerry Brown took office in 2011 with a $27 billion deficit and drastically slashed spending. In 2012, he staked his governorship on a tax increase that voters approved that year and reauthorized in 2016. The $6.1 Billion Dollar budget surplus that developed under Gov. Brown has increased and grown substantially to $21 Billion Dollars. Trump and republicans have desperately tried to slow down California's booming economy, but their efforts have remained unsuccessful.