General Motors this week announced it is quitting its three-decade joint venture with Toyota at the vaunted NUMMI plant near San Francisco. NUMMI is Toyota’s most expensive manufacturing facility in North America — and it is the only auto manufacturing plant in California, period. Why? Because California is a nightmare for large manufacturing. Its high energy costs, high taxes, and heavy-handed environmental regulation make it prohibitively expensive to build cars relative to other states in the union. Yet Washington is rushing headlong to adopt California’s economic and regulatory model for the entire country. And that means future large manufacturing will be going overseas.—Der US-Bundesstaat Kalifornien, eigenständig betrachtet die achtgrößte Volkswirtschaft der Welt, steht unmittelbar vor der Zahlungsunfähigkeit.