California passes Japan as fourth largest economy

evrheel

evrheel

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Trump will fix it

www.bbc.com

California overtakes Japan as fourth largest global economy

The US state expresses worries that President Donald Trump's tariffs could stunt future growth.
www.bbc.com www.bbc.com

California has the largest share of manufacturing and agricultural production in the US. It is also home to leading technological innovation, the center of the world's entertainment industry and the country's two largest seaports.
 
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evrheel said:
Trump will fix it

www.bbc.com

California overtakes Japan as fourth largest global economy

The US state expresses worries that President Donald Trump's tariffs could stunt future growth.
www.bbc.com www.bbc.com

California has the largest share of manufacturing and agricultural production in the US. It is also home to leading technological innovation, the center of the world's entertainment industry and the country's two largest seaports.
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I thought Fox says the whole State is falling apart-and being murdered
 
California succeeds despite its terrible government. It's nice to be a huge state (that drew its own boundaries) with some of the world's best natural resources. It posses an embarrasses of beauty and bounty. California/US = France/Europe.

That said, I'm not anti-California and love visiting the state.
 
Ramrouser said:
California succeeds despite its terrible government. It's nice to be a huge state (that drew its own boundaries) with some of the world's best natural resources. It posses an embarrasses of beauty and bounty. California/US = France/Europe.

That said, I'm not anti-California and love visiting the state.
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To be fair, they had even more resources before Trump tried to flood the Central Valley in the dormant season.
 
Absolutely. Imagine what California would be with Florida's or Texas' government. No state income taxes; the bullet train would have already been built between San Francisco and LA; no serious homeless problems; Union Square would still be a thriving shopping district and the rebuild from the LA fires would already be underway.
 
Ramrouser said:
Absolutely. Imagine what California would be with Florida's or Texas' government. No state income taxes; the bullet train would have already been built between San Francisco and LA; no serious homeless problems; Union Square would still be a thriving shopping district and the rebuild from the LA fires would already be underway.
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Somebody has obviously not been to Ft Lauderdale or Miami recently.
 
Ramrouser said:
Absolutely. Imagine what California would be with Florida's or Texas' government. No state income taxes; the bullet train would have already been built between San Francisco and LA; no serious homeless problems; Union Square would still be a thriving shopping district and the rebuild from the LA fires would already be underway.
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We can imagine that it would be precisely like Texas and Florida, which is to say, far less successful than California is now.

The population of Texas is about 20% smaller than California but the economic output of Texas is about 40% smaller than California.
 
Ramrouser said:
California succeeds despite its terrible government. It's nice to be a huge state (that drew its own boundaries) with some of the world's best natural resources. It posses an embarrasses of beauty and bounty. California/US = France/Europe.

That said, I'm not anti-California and love visiting the state.
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LOL. Go root for NCSU. "Waah! Dean Smith and Roy Williams are SOOO LUCKY! The Holes have all the resources. If we had them we'd be the bestest ever!!"

California does not have the "best natural resources" and anyway, who cares? Its main industries are tech, TV & movies, health care and military. Its economic success is not a function of its natural resources. It's a function of the fact that its government gets all the big issues right. Your state and your region is poor by comparison because you get the big questions wrong. Imagine how poor you would be if you didn't have money from CA pumped into your economy by the largest wealth redistribution engine in the world (i.e. the distribution of money generated by blue coastal states to the red inland states who produce much less).
 
If anyone wants to know why states like CA, MA and NY are so much more successful than states like MS, AL, GA etc., I direct you to this chart:

List of Nobel laureates by university affiliation - Wikipedia

en.wikipedia.org en.wikipedia.org

That's a list of all Nobel Prize winners and their institutions (I don't think it includes peace or literature -- just scientists). It's a very long list, as there have been very many Nobel Prizes awarded. Of these winners, precisely 10 came from Texas, slightly fewer than UC Santa Barbara and UCSF combined. The rest of red America has produced ONE Nobel laureate. Purple America has produced a handful.

By contrast, California has produced several dozen Nobelists by itself. By my rough count, MA, NY, CA and IL have together produced about 90% of all Nobel Prizes; add blue states in general and it's about 95%.

If you want to know why blue states are wealthy and red states are poor, start here. It has nothing to do with natural resources, LOL.
 
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superrific said:
LOL. Go root for NCSU. "Waah! Dean Smith and Roy Williams are SOOO LUCKY! The Holes have all the resources. If we had them we'd be the bestest ever!!"

California does not have the "best natural resources" and anyway, who cares? Its main industries are tech, TV & movies, health care and military. Its economic success is not a function of its natural resources. It's a function of the fact that its government gets all the big issues right. Your state and your region is poor by comparison because you get the big questions wrong. Imagine how poor you would be if you didn't have money from CA pumped into your economy by the largest wealth redistribution engine in the world (i.e. the distribution of money generated by blue coastal states to the red inland states who produce much less).
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And they never say “THANK YOU!!!1111111”
 
The other reason that CA is prosperous and red states are not: California is ethnically diverse. The #2 state in diversity is actually Texas, which helps explain why it is economically more successful than its neighbors.

Basically, red and purple states chased their gay populations to the west coast. While they were closing public schools to prevent them from having to integrate, California was building new ones. While red states make life difficult for Asians, places like NY and CA (and TX to some degree) welcome them. And so talent flows from the interior US to the coasts.

Human capital is the most important resource by far. Here's how California gets it: welcomes outsiders; minimizes discrimination; focuses on making a quality education available to as many people as possible. And guess what? That was the same recipe that propelled NC from backwater to above average in prosperity -- until the Republicans declared a war on education. We'll see how that goes. Meanwhile, most red states do the opposite and then they wonder why the smart people live and work elsewhere.
 
superrific said:
If CA had the government of TX or FL, there wouldn't even be a bullet train to finish. Nobody in the state would know what a superconductor even is.
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I think Ramrouser meant China, not Texas.

If China were running California, we would definitely have a bullet train built by now. Texas actually needs to build a bullet train. The triangle between Houston, Dallas and Austin/SA is the almost mathematically perfect distance for highspeed rail. There have been plans for decades to get it built. And yet, it is all still on the drawing board. I don't see Texas as a champion for large, public transportation infrastructure projects.
 
uncgriff said:
and they have next to zero political power at the national level. the per capita political clout of a Wyoming voter dwarfs a California voter
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looking at the United States Senate :

Wyoming : 2 Senators representing 590,000
California: 2 Senators representing 43 million

so on a per capita basis California should have 73 Senators in the Senate

In the House California has 52 seats and Wyoming has 1 seat so it looks like on a per capita basis California should have an extra 20 reps in the House ?
 
Calheel said:
If China were running California, we would definitely have a bullet train built by now. Texas actually needs to build a bullet train. The triangle between Houston, Dallas and Austin/SA is the almost mathematically perfect distance for highspeed rail. There gave been plans for decades to get it built. And yet, it is all still on the drawing board. I don't see Texas as a champion for large, public transportation infrastructure projects.
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In fairness, if China was running California, the little water your state has would be polluted as hell, in part because they would build so many bullet trains without much regard to the environment.

But yes, the idea that TX would be better at a high tech development project than CA is comical. CA has plenty of problems and the bullet train encapsulates so many of them, but I'd rather have Hollywood + Silicon Valley + hard to build bullet trains than oil + oil + wheat + easy to build roads any day.
 
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