California has always been a magnet—a land that has called people from across the country and the world. It's a place that was known for its entrepreneurial spirit and open culture. But as Steven Greenhut observes, it has now been turned into a regulatory and tax nightmare, and the state's plummeting population growth is evidence of the decline. The California Dream is over, Greenhut writes. People don't want to come here even though this is, with little question, one of the most beautiful states in the union. Americans—even those who like to mock the Golden State—ought to think about what this means.