Actually I would not mind seeing the Stock market take a hit, the state (California) maybe able to take a small hit right now, but (California) is still very vulnerable, a year slow down and it will start to look very shaky again.
Most of the other states just follow what happens in Cal, it’s the 800 pound gorilla.
I just don’t see them letting it get that far,
Maybe 10% then I think you will see some frantic panic button pushing IMO.