Can California's problems boil down to something so simple?

To quote an oft-used principle in deductive analysis, Occam's Razor states that "entities must not be multiplied beyond necessity" and the conclusion thereof, that the simplest explanation or strategy tends to be the best one. With this in mind, this simple hypothesis could be the root cause of California's ailings:

"The simple tragedy of California is that its tax and budgeting restrictions — voted in by citizens’ initiatives — make it impossible to pay for the prison, school and health mandates OK’d by those same people."