This logic would imply that the receiving states (TX, FL) should be seeing worse outcomes and slower growth thanks to absorbing the bad
(Spare me the unsurious response of raising average IQ of both states)
Your continued reliance to insist that massive technology business (which drive high incomes and company valuations) is due to California's democratic state government policies is why you have turned into a joke on here.
No income tax. Moving towards no property tax. One of the largest states in the union.
Funcional, normal, effective government
Policy matters. Outcomes should matter