There is nothing better than when YOU call others stupid (!). You're like the 500lb sumo wrestler calling 150lb people fat.
You mean like what almost happened (and would have happened if it weren't for the, egads!...bailout) after many years of republican rule and the Bush near depression/financial meltdown hit? You mean kinda like that? Yeah, elect more republican and sure, it might happen again! But it's not happening now or in the near future (unless you elect more right wingers who can cut regulations on the banks). But, please, don't let the get in the way of your preparations for the end of civilization and anarchy in this country. By all means, stock up you bunker with canned foods and guns!
Again, you calling others stupid is what's entertaining to anyone with a brain. CA, as PR pointed out, has one of the highest costs of living in the country. An area does not have a high cost of living if no one wants to live there. Even you, the economic genius that you are, can get that, right? And where are the low cost of living states? You guessed it: red states (middle of the country and most of the south). I know, I know, the only reason east bumf-ck GA (where you grew up?) doesn't have a high cost of living is because people are too stupid to see it's wonderful charms and culture. If people were just smarter, they'd all flock there, right? Yup, keep living in your fantasy world.