Remember when once mighty California was the 5th largest economy in the world? (how much, vs.)

[Gaylord_Focker]

Not anymore. https://www.bloomberg.com/opinion/ar...uverify%20wall

[sav858]

Did that actually ever happen? This was from last fall.

[Ruth4Truth]

It's too early to gloat, OP. After the state recovers, it will bounce back as a leading economic power. But the effects of global climate change are going to put everyone on shaky ground, including Germany.

BTW, where's Germany getting its gas these days, and how long is the arrangement going to last?

[joosoon]

I've never been a fan of framing these figures in a global context. Without even checking, the second best big league state Texas would probably be in the top ten global GDP rankings. And for that matter, even if California's status slipped to sub-10 slot global rankings, it would still be impressive. It's not like anything below 9 is the third world. Far from it.


What *is* impressive is how much California's contributions represent for the nation. Take that away and we're (the U.S.) no longer the preeminent super power.

[Californiaguy2007]

Whether California's current ranking is at #5 or #4 the state is still doing very impressive despite our current deficit,and we could possibly reach a GDP of over $4 Trillion later this year or next year.

But you also gotta remember Texas is watching our every move,and Texas will try to take advantage of our issues we face here in California.

California is the state other states watch to see what works here or not,then other states take notes and try not to follow California's mistakes,but are quick to follow our steps on progress.( Thinking Texas )

[Californiaguy2007]

The U.S Economy is enormous,so even if you excluded California and Texas,The U.S Economy would still be huge.

Originally Posted by joosoon

I've never been a fan of framing these figures in a global context. Without even checking, the second best big league state Texas would probably be in the top ten global GDP rankings. And for that matter, even if California's status slipped to sub-10 slot global rankings, it would still be impressive. It's not like anything below 9 is the third world. Far from it.


What *is* impressive is how much California's contributions represent for the nation. Take that away and we're (the U.S.) no longer the preeminent super power.

[apple92680]

...Imagine if all of that money generated by California actually stayed in California and didn't get sent to Washington D.C., and then handed over to states like Oklahoma, West Virginia, Mississippi, Ohio, Indiana, etc.

I wish the federal government distributed money back to designated Zones, where it could mostly stay in the state it originated from and maybe the surrounding states that contribute to the economy of the zone (i.e. California, Oregon, Washington and Nevada in one zone; Utah, New Mexico, Arizona and Colorado in a zone; Idaho, Montana and Wyoming in a zone, etc)

Texas and Florida could be in a designated "Southern zone" and they could support Mississippi, Alabama, Georgia, Kentucky, Arkansas and Tennessee.

I resent that California has to fork over so much money to these states who just bash us relentlessly.

[joosoon]

Originally Posted by Californiaguy2007

The U.S Economy is enormous,so even if you excluded California and Texas,The U.S Economy would still be huge.

According to a lazy google search, absent California, the gap between the U.S. and China's economy would close considerably, to the point of a tie. But the gap between both the U.S. and China, vs. the rest of the world is enormous. That's why it's not that surprising that California on its own can outrank Germany and other nations.

[Californiaguy2007]

I wasn't trying to compare The U.S Economy with China if California and Texas were excluded....I was stating the fact the U.S Economy is still enormous even if California and Texas were excluded.

Originally Posted by joosoon

According to a lazy google search, absent California, the gap between the U.S. and China's economy would close considerably, to the point of a tie. But the gap between both the U.S. and China, vs. the rest of the world is enormous. That's why it's not that surprising that California on its own can outrank Germany and other nations.

[Valley Boy]

Over taking Germany is inevitable. Birth rates are far too low over there.