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

Posted on 4/25/25 at 6:56 am to
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
11477 posts
Posted on 4/25/25 at 6:56 am to
quote:

the bay area alone


Which Bay Area…Chackbay?


That is my favorite south Louisiana cover band joke.

Next weekend we will be playing in the Bay Area…Chackbay.
Posted by idlewatcher
Planet Arium
Member since Jan 2012
92424 posts
Posted on 4/25/25 at 7:07 am to
quote:

This is the number you need to remember. They are going to want a federal bailout soon.


Are you implying $50/hr minimum wage is a bad thing for a McD fry cook???
Posted by The Cow Goes Moo Moo
Bucktown
Member since Nov 2012
4021 posts
Posted on 4/25/25 at 7:40 am to
Lakeboy has a hardon for California.

I'm assuming he lives there, so he finds the need to talk shite about Louisiana anytime someone bad mouths California.

If he doesn't live there, that's really pathetic.
Posted by TDTOM
Member since Jan 2021
24590 posts
Posted on 4/25/25 at 8:53 am to
…….and in and out burger is overrated as frick.
Posted by TigerHornII
Member since Feb 2021
1155 posts
Posted on 4/25/25 at 9:06 am to
quote:

f 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 an economy far more robust than both the US, EU or China.


This is a comical fantasy based on a complete absence of comprehension of what those numbers mean and where they come from. What precisely will they trade with their free trade agreement? Legal services and bank accounts? Illegal aliens? Do you think the rest of the country they left would keep their bank accounts there?

As another poster noted, that GDP doesn't hold up very well when you look at actual value created. Selling existing over-valued real estate is not value creation.
Posted by Lakeboy7
New Orleans
Member since Jul 2011
28207 posts
Posted on 4/25/25 at 10:22 am to
4 or 5 months out of the year. Summer mostly.
Posted by mike4lsu
Baton Rouge,LA
Member since Sep 2005
2036 posts
Posted on 4/25/25 at 11:10 am to
Use your logic to explain Singapore and Hong Kong to me.

The coasts are not just bank accounts. They are a lot more. They are technology, services etc.

What does the rest of the country make other than agriculture.

You are thinking like we are in 1950s.
Posted by TT9
Global warming
Member since Sep 2008
90407 posts
Posted on 4/25/25 at 12:21 pm to
quote:

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
shocker
Posted by SEClint
New Orleans, LA/Portland, OR
Member since Nov 2006
49476 posts
Posted on 4/25/25 at 2:27 pm to
quote:

We are being robbed by California.
louisiana could have so much more money than it does..but it's robbed itself for decades
Posted by Skenes
Member since Mar 2025
408 posts
Posted on 4/25/25 at 2:30 pm to
There is something similar about all those places, I just can't put my finger on it.
Posted by Powerman
Member since Jan 2004
170594 posts
Posted on 4/25/25 at 2:32 pm to
quote:

Companies that have moved

Companies like Tesla still have a significant presence in California. Not only on the manufacturing side but on the engineering side.
Posted by TigerHornII
Member since Feb 2021
1155 posts
Posted on 4/25/25 at 3:01 pm to
quote:

Use your logic to explain Singapore and Hong Kong to me.

The coasts are not just bank accounts. They are a lot more. They are technology, services etc.

What does the rest of the country make other than agriculture.

You are thinking like we are in 1950s.


You are thinking like you're clueless. In your own post, you list "services". Those are highly portable and no one would use services from this fictional Bluestainistan. You need to get out of your coastal bubble and see the rest of the country. Without its energy production, manufacturing, and yes, agriculture, Bluestainistan would quickly be relegated to third world status, with a handful of elites and myriad poor.
Posted by Corinthians420
Iowa
Member since Jun 2022
16104 posts
Posted on 4/25/25 at 3:03 pm to
quote:

California's state and local government debt is roughly $1.6 trillion

So doing much better than the United States government in terms of debt/GDP ratio?
Posted by member12
Bob's Country Bunker
Member since May 2008
33036 posts
Posted on 4/25/25 at 3:15 pm to
US GDP growth has been crazy the past 25 years. Our largest states are bigger than a lot of our peer countries.

If you want to see something crazy….compare our GDP per capita to Canada’s since about 1995. They were ahead of us at one point but we absolutely ran away with it.

Another crazy one…Mississippi’s GDP per capita isn’t that far off from some of our allies. Louisiana's is actually higher than many of them. Florida is close to the bigger EU nations too.
Posted by Limitlesstigers
Lafayette
Member since Nov 2019
3803 posts
Posted on 4/25/25 at 3:48 pm to
quote:

Bear in mind that most of these GDP measures include imports/exports. CA is home to two of the three busiest ports by TEU's in the US. NY/NJ is the other.



Louisiana's GDP numbers are also inflated by ports. It's why our GDP puts us in the top 5 in the South but our average income is lower than Alabama,South Carolina, Georgia, and others.

On a California note, it has one of the highest poverty rates if calculate the "supplemental" poverty which includes cost of living in its calculation.
This post was edited on 4/25/25 at 3:56 pm
Posted by nealnan8
Atlanta
Member since Oct 2016
3928 posts
Posted on 4/25/25 at 3:56 pm to
quote:

What’s the number?

I don't know the number, but these are some of the tech companies with headquarters in Cali: Facebook, Cisco, HP, Ebay, Paypal, Adobe, Intell, etc.
Just the DEI programs alone could be their own country!
Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
30025 posts
Posted on 4/25/25 at 4:06 pm to
quote:

There is something similar about all those places, I just can't put my finger on it.


Yep, they are all home to at least one SEC school.
Posted by CrazyTigerFan
Member since Nov 2003
3548 posts
Posted on 4/25/25 at 5:15 pm to
Surely, if California's economy is stronger than Japan and Germany, that state ahould be able to fund comparable high speed infrastructure on its own without the need for federal assistance drawn from the general pool of the other states.
Posted by mike4lsu
Baton Rouge,LA
Member since Sep 2005
2036 posts
Posted on 4/26/25 at 8:03 am to
quote:

Without its energy production, manufacturing, and yes, agriculture


Energy industry and technology are changing. Electric and hybrid vehicles, ethanol, hydrogen, nuclear, solar and wind energy is the way forward.
Not oil and coal.


Manufacturing hub is, and will be China.

Brazil is and will be the world's farmer.

Agriculture, manufacturing and oil are not going to be the core pillars of the economy....no matter who says what. The coasts should move on forward and let the rest of the company roll back to the 1950s.
Posted by CitizenK
BR
Member since Aug 2019
13805 posts
Posted on 4/26/25 at 8:10 am to
DoD is who built the Silicon Valley industry.
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