Waikiki becomes shabbier and shabbier, attracting only tourists who come from parts of the world more wretched than it is. While some of the neighbor islands continue to develop very upscale facilities for the rich and famous, these are owned and managed by off-island interests, so most of the untaxed profits flow out as quickly as the money flows in.
Airlines continue to cut back on their service since Hawaii is no longer profitable per se.
Persons who once would have flown first class or business class, now travel in their own private jets. Democrats continue to rule, but with no discernible policy. The population of Hawaii is composed overwhelmingly of the very young and the retired. In the meantime, if they can, they send their children to grow up here, cared for by relatives or grandparents, but knowing for sure that their own children, too, will move away when they come of age. However, Asia returns to a roaring high-growth economy, the economic prosperity of a united Europe continues and expands, and the Long Boom in the United States means that many rich people come to Hawaii to live a life of leisure in the sun.