Started By
Message

California's GDP increased 21% in the past 5 years. Texas only 12%

Posted on 6/14/21 at 10:14 pm
Posted by BeepNode
Lafayette
Member since Feb 2014
10005 posts
Posted on 6/14/21 at 10:14 pm
quote:

The state’s gross domestic product increased 21% during the past five years, dwarfing No. 2 New York (14%) and No. 3 Texas (12%), according to data compiled by Bloomberg. The gains added $530 billion to the Golden State, 30% more than the increase for New York and Texas combined


LINK


Posted by CaptainJ47
Gonzales
Member since Nov 2007
7335 posts
Posted on 6/14/21 at 10:17 pm to
If validated that is very impressive.
Posted by Reservoir Ag
Member since Dec 2020
3572 posts
Posted on 6/14/21 at 10:17 pm to
If 50% plus of your earnings go the the federal and state government.... who gives a fck.

I’ll take Texas all day everyday and twice on Sunday.

Plus, I get to keep my guns... and carry them!
Posted by BeepNode
Lafayette
Member since Feb 2014
10005 posts
Posted on 6/14/21 at 10:19 pm to
quote:

If 50% plus of your earnings go the the federal and state government.... who gives a fck.


Well, I for one would rather have 50% of $200k instead of 65% of $100k.

(hypothetically speaking)
Posted by CamdenTiger
Member since Aug 2009
62383 posts
Posted on 6/14/21 at 10:20 pm to
It’s amazing that people and businesses still stay there with their taxes, and the coming inflation
Posted by SaintsTiger
1,000,000 Posts
Member since Oct 2014
1117 posts
Posted on 6/14/21 at 10:22 pm to
Take away Google, Facebook, and Twitter, then tell us what happened!
Posted by Tigahs24Seven
Communist USA
Member since Nov 2007
12105 posts
Posted on 6/14/21 at 10:22 pm to
They are leaving in droves..
Spend some of that GDP on police and the horrific crime and homelessness....
Posted by dcbl
Good guys wear white hats.
Member since Sep 2013
29650 posts
Posted on 6/14/21 at 10:25 pm to
quote:

Take away Google, Facebook, and Twitter, then tell us what happened!



the cost of living for the common man is oppressive

they have the powerful & the serfs

the powerful trend progressive & football bat crazy

no thanks
Posted by homesicktiger
High altitude hell
Member since Oct 2004
1365 posts
Posted on 6/14/21 at 10:25 pm to
Straight from the Blomberg Opinion page!

Depending on the point you want to make, you might want to look into how state GDPs are usually calculated and what goes into them. It's not a mystery that Kali would be high on that list year in, year out.

And, you should always ask why they picked the time intervals they do ... but only if you're interested in what the bikini isn't showing you.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
73285 posts
Posted on 6/14/21 at 10:27 pm to
Our homeless population also increased by 50%

Posted by SDTiger15
lost in Cali
Member since Jan 2005
11372 posts
Posted on 6/14/21 at 10:27 pm to
quote:

but only if you're interested in what the bikini isn't showing you.



Uh....pics?
Posted by Great Plains Drifter
Member since Jul 2019
4351 posts
Posted on 6/14/21 at 10:32 pm to
Agree. And while also agreeing with the previous poster that it’s impressive if true, the net loss of people, businesses continuing to move out, rolling blackouts, shrinking middle class and huge swaths of once beautiful cities turned into gigantic dangerous homelessness encampments with human crap, needles and garbage strewn everywhere this seems like a classic lipstick on a pig point of data that likely won’t sustain. Portraying the California Dream as alive and better than ever flies smack in the face of most every other story or data point seen or told.
Posted by Roaad
White Privilege Broker
Member since Aug 2006
76436 posts
Posted on 6/14/21 at 10:34 pm to
quote:

Well, I for one would rather have 50% of $200k instead of 65% of $100k.
But that isn't what they are saying, is it?

50% of 75k (37.5k) with absurdly out of control homeless camps, virtually no property rights. . .and authorities that refuse to protect your property and your business.

or

70-75% of 62k (43.4-46.5k) and a controlled homeless problem, mostly sovereign property rights, and general law and order

Looks like TX is the runaway winner here
Posted by Rekrul
Member since Feb 2007
7943 posts
Posted on 6/14/21 at 10:41 pm to
quote:

Well, I for one would rather have 50% of $200k instead of 65% of $100k.



Right because there’s zero difference in cost of living between the two states
Posted by Roaad
White Privilege Broker
Member since Aug 2006
76436 posts
Posted on 6/14/21 at 10:42 pm to
quote:

you should always ask why they picked the time intervals they do
Trump drove the economy upward, despite progressives, not because of them.

Author also has one saying Idaho has the best economy because of progressives and anti-Trump trade policies.

Idaho.

Dude is a partisan imbecile
Posted by Blast and Laugh
Texas
Member since Feb 2005
1858 posts
Posted on 6/14/21 at 10:49 pm to
You can manipulate the numbers all you want, 2020 California’s GDP was -3.5%. Their state is in the toilet. They have the largest population so the fact that their economy is bigger isn’t impressive. I used to live there, nice weather, but stupid people have run it in the ground.
Posted by Roaad
White Privilege Broker
Member since Aug 2006
76436 posts
Posted on 6/14/21 at 10:50 pm to
Here we are using real income, which accounts for value of money with COL accounted for. . .not even considering tax rates, homeless encroachment, and lack of LEO support from the government.

quote:

California

Median household income: $64,500
Regional price parity out of 100: 113.4
Real income: $56,878


quote:

Texas

Median household income: $55,653
Regional price parity out of 100: 96.8
Real income: $57,493
Posted by Roaad
White Privilege Broker
Member since Aug 2006
76436 posts
Posted on 6/14/21 at 10:51 pm to
quote:

You can manipulate the numbers all you want, 2020 California’s GDP was -3.5%. Their state is in the toilet. They have the largest population so the fact that their economy is bigger isn’t impressive. I used to live there, nice weather, but stupid people have run it in the ground.


Uhhh. . .I am not disagreeing
Posted by AustinTigr
Austin, TX
Member since Dec 2004
2937 posts
Posted on 6/14/21 at 10:56 pm to
I can’t drive from my house to the local HEB grocery store without seeing 10 California license plates. Texas is awash in tidal wave of California refugees... some Conservatives fleeing the Socialist Utopia; some (unfortunately) Liberals too stupid to know why California was so expensive and plan on spreading the Liberal cancer.

Don’t try to paint California as some type of success story.
This post was edited on 6/14/21 at 11:12 pm
Posted by Tiger Prawn
Member since Dec 2016
21856 posts
Posted on 6/14/21 at 10:58 pm to
Thanks to the entertainment and Silicone Valley tech sectors.

Oil prices bottoming out in 2020 also affects Texas GDP a whole lot more than it affects California
first pageprev pagePage 1 of 4Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram