Please Donald Pick a Massive Fight in My Home State of California
California is so mismanaged that…
California’s economy growing faster than national average. … California’s real gross domestic product - the value of all goods and services produced in the state, adjusted for inflation - rose by 2.9 percent from 2015 to 2016. By comparison, national GDP grew by 1.5 percent.May 11, 2017
Is California’s economy larger than Russia’s?
California’s gross domestic product (GDP)—the value of goods and services produced here—totaled $2.2 trillion in 2013. World Bank data indicate that California’s economy is slightly smaller than that of Brazil (the world’s seventh-largest national economy), but bigger than Russia’s.Dec 4, 2014
California is 1/3rd of the new car market, yes even with all those rules.
California is the chief reason America is the only developed economy to achieve record GDP growth since the financial crisis of 2008 and ensuing global recession, according to data compiled by Bloomberg. Much of the U.S. growth can be traced to California laws promoting clean energy, government accountability and protections for undocumented people. Governor Jerry Brown, now in his fourth term, considers immigrants a major reason for the state’s success: “39 percent of us are Latino and the majority are from Mexico,” he said in a March 2 interview in his Sacramento office.
In the stock and bond markets, where investors show no allegiance to political parties, California has outperformed the rest of the U.S. the past five years, especially since the Nov. 9 election, when Trump became the fifth person to win the Electoral College and lose the popular vote. California’s creditworthiness keeps getting better, measured by the declining premium global investors must pay to ensure against depreciation of the state’s debt obligations. That premium has diminished more than for any other state since 2012, according to data compiled by Bloomberg. California, whose voters favored Hillary Clinton two to one, outperformed Treasury bonds since the November election. Texas, which is the second-largest state in population and which supported Trump, became cheaper compared to Treasuries and California in the market for state and local debt since the November election. Investors see security in the state with more protections for immigrants and more regulations.
