Business Economy Is ‘Calexit’ a good thing for the economy?
Question: Would California be better off economically as an independent state?
Bob’s Answer: NO
Food prices would skyrocket as shipping would be considered international and the U.S. government would likely impose tariffs. Tourism would suffer as individuals without passports — about 50 percent of U.S. citizens do not have passports — or those angry with California would not visit. The impact on the U.S. is also dire as California has a huge economy. The bottom line is that this is an absurd idea for both the U.
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S. and California.
