California Surpasses France as World's 6th Largest Economy (Sacramento: sales, 2013)

[mysticaltyger]

Originally Posted by SHABAZZ310

Are you lumping in San Jose and the silicon valley area with the San Francisco Bay area?

Yes, San Jose / Silicon Valley are part of the SF Bay Area.

[TristramShandy]

Originally Posted by mysticaltyger

No logical backflips...just that France's economy is even more of a mess than ours. We're less bad than France. Nothing to brag about, here.

Along with another 184 countries.

When the teacher gives "F"s to 97% of the students, maybe it's the teacher who needs to recalibrate what success is.

[mysticaltyger]

Originally Posted by TristramShandy

Along with another 184 countries.

When the teacher gives "F"s to 97% of the students, maybe it's the teacher who needs to recalibrate what success is.

You don't improve by comparing yourself to people who do worse in order to make yourself feel good. You improve by admitting your faults and making tough choices to improve upon them.

[Joe33]

Much of Californias GDP is in the Real estate bubble.

21% is finance and real estate
13% is government spending.
12% is information
8% is education and healthcare

Notice we are already over 50% and no tangible product has been made yet. With perhaps the exception of houses.

Now a mere 7% in manufacturing.
6% in retail sales.
6% in Wholesale sales.
Everything else gets lower from here.

Does it still sound like california is doing great?

[TristramShandy]

Originally Posted by mysticaltyger

You don't improve by comparing yourself to people who do worse in order to make yourself feel good. You improve by admitting your faults and making tough choices to improve upon them.

Okay, we just past France, are about to pass England, and can't pass the United States. We're only doing better if we pass China, Japan, and Germany?

I think the whole point of the original post is that California is doing better, and the wet dream of half the people on this board, Texas, isn't doing well in comparison.

[TristramShandy]

Originally Posted by Joe33

Much of Californias GDP is in the Real estate bubble.

21% is finance and real estate
13% is government spending.
12% is information
8% is education and healthcare

Notice we are already over 50% and no tangible product has been made yet. With perhaps the exception of houses.

Now a mere 7% in manufacturing.
6% in retail sales.
6% in Wholesale sales.
Everything else gets lower from here.

Does it still sound like california is doing great?

If you're looking for manufacturing to make up GDP, you're either in the wrong country or the wrong century. It's the information age; I'm fine with GDP coming from it.

[Joe33]

Originally Posted by TristramShandy

Okay, we just past France, are about to pass England, and can't pass the United States. We're only doing better if we pass China, Japan, and Germany?

I think the whole point of the original post is that California is doing better, and the wet dream of half the people on this board, Texas, isn't doing well in comparison.

California ISNT doing better. The high gdp is nothing more than lawyers getting rich and the government spending money.

[expatCA]

Originally Posted by TristramShandy

Okay, we just past France, are about to pass England, and can't pass the United States. We're only doing better if we pass China, Japan, and Germany?

I think the whole point of the original post is that California is doing better, and the wet dream of half the people on this board, Texas, isn't doing well in comparison.

Depends. GDP covers what the State does not how well the people are doing. With a lower GDP the people in say Texas find it easier to live there. COL being higher means a higher GDP isn't necessarily that big a deal as the State MUST have it.

Even the the poverty rate in CA is what????? How has the GDP helped that at all?

[TristramShandy]

Originally Posted by expatCA

Depends. GDP covers what the State does not how well the people are doing. With a lower GDP the people in say Texas find it easier to live there. COL being higher means a higher GDP isn't necessarily that big a deal as the State MUST have it.

Even the the poverty rate in CA is what????? How has the GDP helped that at all?

Texas's poverty rate is 3% higher than California's - - 16.2% to 13.2%.

I'm not saying this is you, but the majority of people on this board aren't talking about real poverty - - they're talking about how upper middle class white people have it harder than the past. The people who are truly impoverished are largely not worried about.

[Ms.MoneyPenny]

Originally Posted by TristramShandy

If you're looking for manufacturing to make up GDP, you're either in the wrong country or the wrong century. It's the information age; I'm fine with GDP coming from it.

Seriously what is his 1895? Perhaps this poster would like california to be like Michigan or West Virginia.