California passes Japan as fourth largest economy

  • Thread starter Thread starter evrheel
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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.
No. Here’s how California gets it (human capital) - most desirable climate + natural beauty + economy in the world. Red, blue…whatever.
 
Florida allowed private industry to build high speed rail between Miami and Orlando - Brightline - while Californias bullet train languishes.

Appalling 12-figure cost of California Governor Gavin Newsom's high speed rail plan revealed​


.....Experts say California Governor Gavin Newsom's high-speed rail debacle will likely balloon in cost to $126billion, without a single piece of track being laid.

.......'Today, we estimate with the right optimization just over $125billion. I think $126billion is the current estimate for that,' Williams said.

'That's more funding than Amtrak has received in its history and still leaves a shortfall of roughly $90 billion.'


 
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