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re: California is now the 4th largest economy in the world

Posted on 4/24/25 at 2:40 pm to
Posted by Zendog
Santa Barbara
Member since Feb 2019
6285 posts
Posted on 4/24/25 at 2:40 pm to
newsom
Posted by Klark Kent
Houston via BR
Member since Jan 2008
73055 posts
Posted on 4/24/25 at 2:40 pm to
quote:

I did in threads before this one. On multiple occasions.


link?

i’ll wait. Link to where you’ve stated facts backed by research/documentation.

quote:

about damn time you can admit some facts.


no one here is arguing that fact you ignorant hillbilly
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
24845 posts
Posted on 4/24/25 at 2:41 pm to
If you peel back the onion, the $4.1 trillion is not as impressive. Excessive real estate values and white collar companies that could move away prop up that value.

Posted by Powerman
Member since Jan 2004
170583 posts
Posted on 4/24/25 at 2:43 pm to
quote:

If you peel back the onion, the $4.1 trillion is not as impressive. Excessive real estate values and white collar companies that could move away prop up that value.

You could say that about pretty much any state

You haven't peeled back anything of relevance
Posted by Lakeboy7
New Orleans
Member since Jul 2011
28167 posts
Posted on 4/24/25 at 2:45 pm to
quote:

What’s that saying…..”people vote with their feet”


Yeah, poor people. If you can afford to live there its actually quite nice.
Posted by Klark Kent
Houston via BR
Member since Jan 2008
73055 posts
Posted on 4/24/25 at 2:47 pm to
interesting OT Baller flex.

you must be pulling down quite the salary to live comfortably in Cali or are you talking on behalf of other rich people?
Posted by John Barron
The Mar-a-Lago Club
Member since Sep 2024
17101 posts
Posted on 4/24/25 at 2:49 pm to
quote:

If you peel back the onion, the $4.1 trillion is not as impressive. Excessive real estate values and white collar companies that could move away prop up that value.


Correct. And the 1.6 trillion in debt they have which is actually probably higher because the illegal aliens they are giving free health care to are not captured into the future debt obligations
Posted by fareplay
Member since Nov 2012
6283 posts
Posted on 4/24/25 at 2:56 pm to
How come some are adjusted and others not? Adjusted for income gas probably isn’t bad, etc
Posted by Seldom Seen
Member since Feb 2016
48737 posts
Posted on 4/24/25 at 2:57 pm to
Nominal GDP, you need to look at Real GDP which is adjusted for inflation. If you look at Real GDP California's growth rate is only 2% Texas by comparison is 7.4%.
Posted by TT9
Global warming
Member since Sep 2008
90335 posts
Posted on 4/24/25 at 3:02 pm to
I'm an extremely busy machine. I don't have time to link my facts.



It would literally take forever.
Posted by cyarrr
Prairieville
Member since Jun 2017
3981 posts
Posted on 4/24/25 at 3:20 pm to
From google AI-

"If US states were ranked by GDP against other countries, 32 states would fall within the world's top 50 largest economies."

I think this is impressive as well.
Posted by Klark Kent
Houston via BR
Member since Jan 2008
73055 posts
Posted on 4/24/25 at 3:35 pm to
about what i figured.
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
24845 posts
Posted on 4/24/25 at 3:43 pm to
quote:

You could say that about pretty much any state

You haven't peeled back anything of relevance


Well, I kind of have



Explain to me how we are going to pick up "Mining, Quarrying, and Oil & Gas Extraction" and move that to California?

China for fun


Germany for more fun


The California economy is not the juggernaut many paint it to be. The tech industry of the bay area is roughly 25-30% of the total GDP. As proven so far, those companies can move from California with ease.

Companies that have moved
Oracle
HPE
Palantir
Tesla
VMWare
Zoom
GoDaddy

Companies laying the groundwork through expansion
Dropbox
Alphabet
Salesforce
Apple
Netflix
Twitter
Block
Expedia
Airbnb

Most are moving or expanding into Texas. Austin and Hill Country is basically the new Silicon Valley.
Posted by Lakeboy7
New Orleans
Member since Jul 2011
28167 posts
Posted on 4/24/25 at 3:43 pm to
OT baller is what? >80,00 per annum?
Posted by Klark Kent
Houston via BR
Member since Jan 2008
73055 posts
Posted on 4/24/25 at 3:46 pm to
are you seriously suggesting that you could live comfortably in California on $80k/year?

I hope you like living in a 9x9 apartment by yourself in a strict budget with no social life.
Posted by mike4lsu
Baton Rouge,LA
Member since Sep 2005
2031 posts
Posted on 4/25/25 at 3:42 am to
If California, Oregon and Washington left the Union and formed a separate country they would have a per capita gdp greater than any major nation.

In the same time if the American North East left with New York, Connecticut, Rhode Island, New Jersey, Maryland Delaware, Virginia, New Hamshire, Maine and Vermont, that nation would also have a per capita gdp greater than any major nation.

Combine that with a free trade agreement between these two nations, Canada and a free passage for citizens through Canada and you have a modern day economic powerhouse zone with one of the highest per capita GDP. Extend this with FTA with Australia, NZ and the UK and you have a economy far more robust than both the US, EU or China.
This post was edited on 4/25/25 at 3:44 am
Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
30017 posts
Posted on 4/25/25 at 4:20 am to
quote:

California receives $161.7 billion in federal funds


Yet they are 48th in Federal dependency, only Washington and NJ are lower.

#4 Mississippi
#6 Alabama
#7 Kentucky
#12 Louisiana
#16 South Carolina
#19 Oklahoma
#27 Arkansas
#32 Tennessee
#34 Texas
#36 Florida
#39 Georgia
#45 Missouri




Posted by HeadCall
Member since Feb 2025
5715 posts
Posted on 4/25/25 at 4:30 am to
quote:

Louisiana may or may not be a welfare state, but these rankings are skewed just like GDP is without looking at the big picture. States with a lot of military, NASA or other Fed facilities "receive" federal funding in the form of the budgets for those agencies, and it gets counted here in these "rankings". The impression you're supposed to get is that this is all some kind of federal welfare giveaway, but it's not for many of the states on the list.


California probably has more military than any other state in the union.

Louisiana is a very poor state but that’s mostly because of our welfare demographics and it leans left politically for everything outside of presidential elections.
Posted by Adam Banks
District 5
Member since Sep 2009
36372 posts
Posted on 4/25/25 at 6:48 am to
quote:

Dude Louisiana is a welfare state Louisiana is the one doing the robbing if anything





The federal government takes all the oil revenue off our coast for itself.



That revenue should have made this state rich. Texas gets 9 miles we get 3.

This post was edited on 4/25/25 at 7:02 am
Posted by pankReb
Defending National Champs Fan
Member since Mar 2009
71650 posts
Posted on 4/25/25 at 6:54 am to
quote:



California probably has more military than any other state in the union.



The highest concentration of military in the entire world resides in coastal virginia

Langley AFB
Oceana NAB
Norfolk Naval Base(Home of the Atlantic Fleet).

Not to mention the army base near Langley
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