Commentary
Despite the defections of Tesla, Oracle, HP and other companies to Texas and other states, California remains the global technology leader. Silicon Valley still is the place to be for young, hotshot programmers and engineers.
But the state itself is falling behind producing the tech leaders it needs. Its dilapidated public schools system, despite receiving $24,000 per pupil in the state’s new budget, has produced the lowest literacy rate of any state, according to World Population Review.
On Aug. 1, Bloomberg reported on the $280 billion Chips and Science Bill passing in Congress. It criticized the bill for spending too much on the wrong areas. But the problem is real because so much manufacturing has been shipped to China….