Another perspective is that "speeding leads to increased speed limit."
Generally, many streets are not designed in a context-sensitive way, but instead designed to fit the standards of a limited functional roadway classification system (arterial, collector, local). The passive safety approach of the '60s, as championed by the NHTSA, assumed that crashes are inevitable, and so the safety focus was put on preventing injury after a crash. Thus arterials, for example, have a similar design in which many roadside objects (trees, signs, lights, bollards, etc) were removed, with a "soft landing" on the side. And now we have big wide straight streets that, in their design, encourage us to drive faster.
There are extensive efforts to revise this CA law because of the unintended consequence that it makes roads more dangerous for non-vehicular travelers.