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There are a number of reasons why people are leaving the state, buteconomicreasons may be the No.
1 driver and the recent fires have only exacerbated the issue.
Here are the top issues Cardone believes the Golden State is facing whichmay apply to your state as well.
The Recent Wildfires Have Had Devastating Economic Impacts
Cardone said that the No.
1 issue that needs to be tackled is rebuilding after the devastating wildfires.
This is the most important, vital priority, he said.
If you dont rebuild the state at warp-speed levels, the economy around it will crash.
This is going to be somewhere between $400 and $500 billion to clean up and rebuild.
And it could be more than that.
Cardone is encouraging President Donald Trump to take the actions needed to speed up the recovery process.
This could be a golden age for the Golden State.
This is making it harder for residents to find jobs.
We have to attract jobs back to the state, Cardone said.
I had to exit all my companies here because I couldnt afford to operate here.
Cardone believes California needs to reduce taxes to attract new business back to the state.
You could replace [California with] Illinois, New York, New Jersey, Cardone said.
This is happening across the country, he said.
California could be the the straw that breaks the camels back.
This isnt really about red or blue or Democrat or Republican.
Its about doing the right thing.
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