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Old 06-18-2016, 03:22 PM
 
Location: Midwest City, Oklahoma
14,848 posts, read 8,208,835 times
Reputation: 4590

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California's economy is big, because it is a big state, with some of the best agricultural land in the entire world, with a good climate, and reliable/controllable water supplies for irrigation, which allows the growing of high-value fruits and vegetables at high yields. Which are then exported around the world.

The agricultural sector is being driven mostly by cheap migrant labor, making it artificially profitable, but most of those profits are going to the landowners, not the workers. Which is helping to drive the poverty rate, and the relative inequality of the state.

Much of the coastal economy is really just the byproduct of one of the best climates in the entire world, and its proximity to the coast. This brings in huge amounts of money from all over the country, and all over the world, to the real-estate market. Rich people want to live in a good climate, near the ocean, with their yachts. And nothing beats southern California.


The coastal cities were smart insofar as they have spent huge sums of money subsidizing a multitude of industries, to bring in and keep jobs in the area. Much of the industry on the west-coast, especially technology, was a byproduct of huge government investment, especially during WWII.

To fight the Japanese, the United States moved much of its industrial production of planes, and ships, to the West coast. With Boeing in Seattle, and massive shipyards all across the California coast.

Silicon valley was also a byproduct of billions in government subsidies during WWII. And the area continues to be heavily subsidized to this day, to attract tech companies around the country.

Silicon Valley: Your Tax Dollars at Work | Mother Jones


When it comes to poaching jobs with corporate subsidies, big cities/states always have an advantage. New York City for instance, spends billions every year subsidizing its corporations, and especially the media. New York spends $420 million every year subsidizing the television and film industry.

New York Budget Includes Tax Subsidy to "The Tonight Show" | Tax Foundation

New York is bribing film and TV companies to film here | New York Post


California really isn't a form of socialism by any means, it is just corporatism at its worst. To the extent that there is government money being thrown around, keep in mind, its real purpose is "Keynesian" in nature, to boost "aggregate demand" for goods and services. Thereby artificially driving the economy, while keeping people quiet, and dependent on the market.
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Old 06-18-2016, 04:57 PM
 
25,021 posts, read 27,933,813 times
Reputation: 11790
Quote:
Originally Posted by Stymie13 View Post
That's another topic.

A state can institute a universal health care system. I say let a state do it.
Which is what Colorado is trying to do, but Colorado is being inundated with anti-healthcare propaganda from out of state
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Old 06-18-2016, 05:00 PM
 
34,619 posts, read 21,611,728 times
Reputation: 22232
Quote:
Originally Posted by No_Recess View Post
Now if you'll excuse me I'm going over to Malibu today. 5-mile hike in the mountains then a beach sunset.
Enjoy the drive and the hateful looks of the rich people that don't want you there.
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Old 06-18-2016, 07:57 PM
 
Location: London
12,275 posts, read 7,138,783 times
Reputation: 13661
Quote:
Originally Posted by Rafo1981 View Post
California wouldn't have a farm economy if it weren't for "illegal" ( aka) economic immigrants.
Yes they would, if it also released non-violent offenders from prison and required able-bodied welfare recipients to actually work.
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Old 06-18-2016, 08:10 PM
 
20,524 posts, read 15,901,778 times
Reputation: 5948
Quote:
Originally Posted by desertdetroiter View Post
LMAO...I've said the same thing a million times.

Texas, North Dakota, Tennessee or any other of them flyover States with all them good jobs can have it. No thanks.

I'm not waking up in the morning to look out my window at TX, ND, or TN....sorry. No job is THAT good!
Funny you talk about "fly over" states since you live here in Arizona. Too; word is Texas ain't all that bad. Dakota's weather sucks, to be fair.

Back to Calif: strip out the illegal aliens and, that state might be in real trouble.
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Old 06-18-2016, 08:13 PM
 
Location: London
12,275 posts, read 7,138,783 times
Reputation: 13661
Quote:
Originally Posted by Packard fan View Post
Funny you talk about "fly over" states since you live here in Arizona. Too; word is Texas ain't all that bad. Dakota's weather sucks, to be fair.

Back to Calif: strip out the illegal aliens and, that state might be in real trouble.
The allergies in Texas are supposed to be absolutely brutal.
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Old 06-18-2016, 08:26 PM
 
Location: Barrington
63,919 posts, read 46,738,058 times
Reputation: 20674
Quote:
Originally Posted by InformedConsent View Post
It may "appear" as if California is prospering if you look only at the size of its economy, but it has the highest poverty rate in the country. And one of the highest unfunded public employee pension obligation liabilities.
According to this and other online sources, California is ranked in 17th place in terms of household poverty.

It's also top three based on median household income.

https://en.m.wikipedia.org/wiki/List...y_poverty_rate
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Old 06-18-2016, 08:31 PM
 
Location: Barrington
63,919 posts, read 46,738,058 times
Reputation: 20674
Quote:
Originally Posted by Rafo1981 View Post
California wouldn't have a farm economy if it weren't for "illegal" ( aka) economic immigrants.
The US has imported farm labor for more than 100 years and it's certainly not limited to California.
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Old 06-18-2016, 08:36 PM
 
Location: Florida
33,571 posts, read 18,161,091 times
Reputation: 15546
It is a big state..
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Old 06-18-2016, 08:38 PM
 
Location: Florida
33,571 posts, read 18,161,091 times
Reputation: 15546
Quote:
Originally Posted by ohhwanderlust View Post
The allergies in Texas are supposed to be absolutely brutal.
Bugs and humidity.. worse than Florida..
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