So not only are our residents forced to pay the highest prices, but they are experiencing the smallest boost in their earning capacity and paychecks. Now, the policies that have created this unfortunate reality are not difficult to identify. California regulates its businesses more than any state. It has the worst litigation environment of any state. It has the most onerous regulations on gas and electricity and energy. It has failed to build adequate water storage in many, many decades, although we're thankfully changing that. (08:24–08:27)
CLAIM
Asserts that California imposes more regulations on businesses than any other state.
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