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California Is Now World's 5th Largest Economy, Surpasses UK

Dittohead not!

Dittohead not!

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[h=1]California Is Now World's 5th Largest Economy, Surpasses UK[/h]
The data demonstrate the sheer immensity of California's economy, home to nearly 40 million people, a thriving technology sector in Silicon Valley, the world's entertainment capital in Hollywood and the nation's salad bowl in the Central Valley agricultural heartland. It also reflects a substantial turnaround since the Great Recession.
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The demise of the Golden State has because of its illegals and its liberal politics has been highly exaggerated.
 
Brexit strikes again! (No reflection of the industry of Californians)
 
truthatallcost said:
Ask yourself why the world's 5th largest economy has the highest real poverty rate of any state in the US, before you take a bow.
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The highest rate, or the highest number of people under the poverty line?

Could be a problem with income distribution, or maybe a lot of people who lack job skills. I'd guess the latter.
 
Dittohead not! said:
The highest rate, or the highest number of people under the poverty line?
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California has the distinction of being the state with;

- the highest poverty rate of any state
- the highest poverty rate among children of any state
- 33% of the country's poor live in California, despite California only accounting for 12% of the total population of the country.

Could be a problem with income distribution, or maybe a lot of people who lack job skills. I'd guess the latter.
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You're wrong.

55% of immigrant families in the state get some kind of means-tested benefits, compared with just 30% of natives.

Further contributing to the poverty problem is California's housing crisis. More than four in 10 households spent more than 30% of their income on housing in 2015.

Looking to help poor and low-income residents, California lawmakers recently passed a measure raising the minimum wage from $10 an hour to $15 an hour by 2022 — but a higher minimum wage will do nothing for the 60% of Californians who live in poverty and don't have jobs. And research indicates that it could cause many who do have jobs to lose them.

California energy costs are as much as 50% higher than the national average.

All this only reinforces the rest of America's perception of an out-of-touch Left Coast. With a permanent majority in the state Senate and the Assembly, a prolonged dominance in the executive branch and a weak opposition, California Democrats have long been free to indulge blue-state ideology while paying little or no political price. The state's poverty problem is unlikely to improve while policymakers remain unwilling to unleash the engines of economic prosperity that drove California to its golden years.

Why is liberal California the poverty capital of America?
 
truthatallcost said:
Ask yourself why the world's 5th largest economy has the highest real poverty rate of any state in the US, before you take a bow.
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(coughbulls**tcough)
 
truthatallcost said:
Ask yourself why the world's 5th largest economy has the highest real poverty rate of any state in the US, before you take a bow.
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Would you expect the state with by far the highest population to have the highest poverty rate? What does that have to do with the 5th largest economy?
 
Floridafan said:
Would you expect the state with by far the highest population to have the highest poverty rate? What does that have to do with the 5th largest economy?
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33% of the country's poor live in California, despite California only accounting for 12% of the total population of the country.

Poverty rate measures the percentage of a state that lives below the poverty line, not the sheer number of people below the poverty line.
 
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truthatallcost said:
33% of the country's poor live in California, despite California only accounting for 12% of the total population of the country.
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California doesn't even come close to having the highest poverty rate!!! Not even close
 
Geez, I guess people just have to decide whether they'd rather live in Mississippi with the highest poverty rate, or Louisiana, or Oklahoma, or Texas....or 10 states higher on the list California that has an "adjusted" poverty rate. Hmmm. very hard decision ;)
 
JMR said:
Geez, I guess people just have to decide whether they'd rather live in Mississippi with the highest poverty rate, or Louisiana, or Oklahoma, or Texas....or 10 states higher on the list California that has an "adjusted" poverty rate. Hmmm. very hard decision ;)
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Let’s just admit it. Some people trash California because democrats run it. Others trash Texas cause the GOP runs it. In general, however, traditional democratic policies are favored by the majority of Americans, and the occasional GOP extreme legislative proposals are rarely adopted. The notable exception is the success Trump’s appointees have had in weakening environmental and labor regulations while carnival barker Trump distracts the audience with his tweets.

He is a pretty successful GOP prez: the economy grows and wages don’t. A right wing wet dream, tho I don’t know if Obama’s steady growth, aside from the stimulus program, changed things much either.
 
Dittohead not! said:
[h=1]California Is Now World's 5th Largest Economy, Surpasses UK[/h]


The demise of the Golden State has because of its illegals and its liberal politics has been highly exaggerated.
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The fact a relative few are producing humongous riches doesn't negate the dire circumstances of fare too many of our citizens. The success of biotech, aerospace, high tech enclaves and the entertainment industries is a tribute to capitalism the dire circumstances and huge number living in poverty is a demonstration of liberal looniness of Sacramento.
 
JMR said:
Geez, I guess people just have to decide whether they'd rather live in Mississippi with the highest poverty rate, or Louisiana, or Oklahoma, or Texas....or 10 states higher on the list California that has an "adjusted" poverty rate.
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Any list that purports to measure poverty rate that doesn't adjust for cost of living is useless.

Hmmm. very hard decision ;)
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Of course California is preferable to Mississippi or Louisiana, if you can afford to live well in CA. That's a no-brainer. However, palm trees and beaches are of little use to people can't afford rent, food, and utilities.

Many liberals who once supported the Occupy Wall St movement couldn't care less about the fact that California is becoming a haven for the rich, who are pushing the poor (mostly minorities) off into the less desirable, polluted areas of the state.
 
truthatallcost said:
Which one is the most accurate between your Wikipedia link, and the Politifact article?
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The Wikipedia footnotes all cite 'census.gov' or 'factcheck.census.gov.'
You know how Wikipedia works?
 
Grand Mal said:
The Wikipedia footnotes all cite 'census.gov' or 'factcheck.census.gov.'
You know how Wikipedia works?
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Yes, that's true. In your opinion, which is a better indicator of poverty rates by state- the Wiki article or the Politifact article?
 
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