I have read the book Tipping Point, and yes, it's a very good book. My belief is simply that we haven't hit that tipping point yet, and yes, I agree with you, it will happen, and when it does, you will see something along the lines of what you're talking about.<quoted text>
I think you're being foolishly optimistic to make such assumptions that simply because the state is here today means it will be here in the future. That IS what you're saying, isn't it?
However, all things also come to an end. The state has never been in this situation before, with so many people, with the systems it it has, etc. Growth cannot be sustained forever. And all living things require sustenance. Thus we know that scarcity (of all consumables) is not some Dr Doom pessimism or paranoia; it is a mathematical certainty.
CA has reached what you might call a tipping point (if you haven't ever read the book, The Tipping Point, you might check it out). It explains basically (i am oversimplifying this immensely) why crises such as these can "suddenly" strike, because people are complacent until the signs are obvious and inescapable, but by then it is too late (past the tipping point).
My point is that while I do think the state is in for some rough years ahead, I do believe that it will eventually rebound from those. Look at some other states. Michigan was a boom for a long time, they crashed incredibly fast, and now they're on their way back up again. Washington was just sort of there, floundering along for a while, then a few businesses relocated there (Boeing (sp?), a major Microsoft plant, etc), and boom, it's enjoying success. New York has had so many swings like that I can't count.
My point is that it may take a decade, or even two, but the state WILL rebound simply because history tells us it will. History inevitably repeats itself. No reason to believe it'll stop now.
More than anything else though, I've always been a believer that YOU control your own destiny. To blame the economy or Obama, or Bush or your boss or anyone else is a cop out. I've tracked my last 14 years in business. 2009 was the only year that I made less than 10% more than the year before (2009 I made about 2% more, so far this year I'm on track to surpass that 10% level again). Why? Because I didn't make any excuses. I think the excuses are a big reason we're in the mess we're in. Sure, I've had to work harder to do it, but I'm still getting it done.