Chevron announced that it's moving 800 jobs from San Ramon to Texas. No doubt the first of more moves to come. If the average salary is $85K that's almost $70M per year in lost wages. That doesn't include lost wages from business that will go under as a result of the lost patrons.
At some point, people need to realize that in order to fund social programs, exorbitant public employee compensation packages and even basic services we need to generate income. Costs(including future liabilities)can't exceed revenue year over year.
Hopefully the single party legislature and Governor will quickly address this since they are unencumbered in their efforts to implement policies to improve our once great state.