What about California and the Keynesian cycle

California will not be joining the Atlantic Keynes cycle, likely we will have our own.  Texas is definitely opting out this time.

We can't afford it, we will have a difficult enough time out here with the down turn, the last thing we need is to sit out and wait for New Jersey and new York, and we have already written off Chicago.

We are done, we are pooped.  New jersey is on its own. 

But wait, you say, didn't Bernanke bend the currency quite a bit to get Jerry Brown out of hock? He sure did, and we have doubled our poor as a result.  We don't care.  The dependencies are gone, the net tax take that the east grabs from California is smaller now due to the tax partition of 2011.  We don't owe New York or buy anything from New York.  Illinois is not our hub, that is  new York problem.   And certainly we do not want eight more years of Keynesians yapping, that is the worst nightmare.