Caitlyn Jenner’s announcement that she will run for governor of California has directed national attention to the upcoming recall election of incumbent Gavin Newsom. The next governor could push for the reforms California desperately needs. Steve Forbes on the recall election that Newsom is facing and why investors should pay attention.
Steve Forbes says investors should pay close attention to the California Recall. Forbes says California’s high tax and regulatory programs have “seriously damaged the state”, which is why residents and businesses are fleeing. “California has the highest poverty rate in the Country”, he says.