10-22-2017, 05:12 AM
(10-19-2017, 03:33 PM)David Horn Wrote: Right now, in reality world, California consists of 17% of the entire US economy and has its growth rate tied to technology, entertainment and lifestyle related sectors like wine. In dollar value, it is also the #1 producer of food by state. I think California is in great shape.
California also has around 10% of the US population. If it didn't produce a sizable minority of total GDP then something would be seriously wrong. And there is. Lets look at the leading sectors in CA:
Tech: High dollar low labor
Hollyweird: High dollar low labor (though there is argument to be made that Hollyweird is on its way out)
Luxury goods production: Wine and etc High dollar, maybe medium labor.
So what is the reality in CA...having been in that shit hole recently (and by recently I mean 2015) Large numbers of unemployed, a large underclass and the wages of that underclass being depressed by illegal aliens being present everywhere.
So no CA does not look so good to me. Probably explains why Californians are fleeing CA for places like TX whose economy is growing rather rapidly. There is also great economic growth (Irma not withstanding) in FL too as well as the other states in the South not only catching up but outstripping the North.
I don't put that down to immigration so much as a reverse Great Migration of the remnant of the black bourgeoisie/petty-bourgeoisie as well as what whites who can flee the rust belt doing so.
And This bleak outlook for CA is made worse by the fact that it is on easy mode setting with the two largest west coast ports and a coastline length only shorter than Alaska (which is unpopulated) and Florida (which is subject to semi-regular hurricane activity).
Yeah I'm not impressed with CA and even less impressed with how Moonbeam is running whats left of it into the ground, just like he did in the 70s. Moonbeam didn't build CA up. Reagan and Schwartzenegger did. The real question is when will the rolling black outs start up again.
It really is all mathematics.
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