keepthefaith Posted May 7, 2018 Share Posted May 7, 2018 Just now, 3rdnlng said: I think you might need to add some zeros to that number. Yes, $750b. Thanks for the correction. Link to comment Share on other sites More sharing options...
Tiberius Posted May 7, 2018 Share Posted May 7, 2018 Led by the great state of California https://www.usatoday.com/story/news/nation-now/2018/05/05/california-now-worlds-5th-largest-economy-beating-out-uk/583508002/ Quote SACRAMENTO, Calif. – California’s economy has surpassed that of the United Kingdom to become the world’s fifth largest, according to new federal data made public Friday. California’s gross domestic product rose by $127 billion from 2016 to 2017, surpassing $2.7 trillion, the data said. Meanwhile, the UK’s economic output slightly shrunk over that time when measured in U.S. dollars, due in part to exchange rate fluctuations. 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. “We have the entrepreneurial spirit in the state, and that attracts a lot of talent and money,” said Sung Won Sohn, an economics professor at California State University Channel Islands. “And that’s why, despite high taxes and cumbersome government regulations, more people are coming into the state to join the parade.” Link to comment Share on other sites More sharing options...
3rdnlng Posted May 7, 2018 Share Posted May 7, 2018 1 hour ago, Tiberius said: Led by the great state of California https://www.usatoday.com/story/news/nation-now/2018/05/05/california-now-worlds-5th-largest-economy-beating-out-uk/583508002/ SACRAMENTO, Calif. – California’s economy has surpassed that of the United Kingdom to become the world’s fifth largest, according to new federal data made public Friday. California’s gross domestic product rose by $127 billion from 2016 to 2017, surpassing $2.7 trillion, the data said. Meanwhile, the UK’s economic output slightly shrunk over that time when measured in U.S. dollars, due in part to exchange rate fluctuations. 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. “We have the entrepreneurial spirit in the state, and that attracts a lot of talent and money,” said Sung Won Sohn, an economics professor at California State University Channel Islands. “And that’s why, despite high taxes and cumbersome government regulations, more people are coming into the state to join the parade.” California's parade. Link to comment Share on other sites More sharing options...
keepthefaith Posted May 7, 2018 Share Posted May 7, 2018 2 hours ago, Tiberius said: Led by the great state of California https://www.usatoday.com/story/news/nation-now/2018/05/05/california-now-worlds-5th-largest-economy-beating-out-uk/583508002/ California has become a truly haves and haves-not state and with all the characteristics of that. Very high taxation and cost of living and yet still in very bad fiscal condition. Link to comment Share on other sites More sharing options...
Nanker Posted May 7, 2018 Share Posted May 7, 2018 58 minutes ago, 3rdnlng said: California's parade. Link to comment Share on other sites More sharing options...
Tiberius Posted May 7, 2018 Share Posted May 7, 2018 1 hour ago, 3rdnlng said: California's parade. As opposed to the West Virginians drinking and smoking themselves to death and crying about coal f'n jobs. Go California!! 6 minutes ago, keepthefaith said: California has become a truly haves and haves-not state and with all the characteristics of that. Very high taxation and cost of living and yet still in very bad fiscal condition. Capitalism and economic growth always create other problems. Trump says we are going to have--LOL--6% growth, I guess this will all be a national problem. And Trump supporters complaining about other places having "Fiscal problems" really open themselves up to charges of hypocrisy... Link to comment Share on other sites More sharing options...
3rdnlng Posted May 7, 2018 Share Posted May 7, 2018 8 minutes ago, Tiberius said: As opposed to the West Virginians drinking and smoking themselves to death and crying about coal f'n jobs. Go California!! Capitalism and economic growth always create other problems. Trump says we are going to have--LOL--6% growth, I guess this will all be a national problem. And Trump supporters complaining about other places having "Fiscal problems" really open themselves up to charges of hypocrisy... Explain. Please be specific. Link to comment Share on other sites More sharing options...
Tiberius Posted May 7, 2018 Share Posted May 7, 2018 1 minute ago, 3rdnlng said: Explain. Please be specific. Why in the world would that need explained? Link to comment Share on other sites More sharing options...
3rdnlng Posted May 7, 2018 Share Posted May 7, 2018 1 minute ago, Tiberius said: Why in the world would that need explained? The world is waiting for your keen insight as to why capitalism and economic growth always create other problems. Link to comment Share on other sites More sharing options...
Tiberius Posted May 7, 2018 Share Posted May 7, 2018 4 minutes ago, 3rdnlng said: The world is waiting for your keen insight as to why capitalism and economic growth always create other problems. Let it wait! You seriously can't think of anything? I bet other posters could easily figure out many things economic growth creates as problems. Link to comment Share on other sites More sharing options...
outsidethebox Posted May 7, 2018 Share Posted May 7, 2018 24 minutes ago, Tiberius said: As opposed to the West Virginians drinking and smoking themselves to death and crying about coal f'n jobs. Go California!! Capitalism and economic growth always create other problems. Trump says we are going to have--LOL--6% growth, I guess this will all be a national problem. And Trump supporters complaining about other places having "Fiscal problems" really open themselves up to charges of hypocrisy... Spoken like a true coal miners daughter! Link to comment Share on other sites More sharing options...
3rdnlng Posted May 7, 2018 Share Posted May 7, 2018 25 minutes ago, Tiberius said: Let it wait! You seriously can't think of anything? I bet other posters could easily figure out many things economic growth creates as problems. So, you can't answer, eh? Link to comment Share on other sites More sharing options...
Tiberius Posted May 7, 2018 Share Posted May 7, 2018 1 minute ago, 3rdnlng said: So, you can't answer, eh? It's just that I really should not have to. Your ignorance is showing by asking. Link to comment Share on other sites More sharing options...
3rdnlng Posted May 7, 2018 Share Posted May 7, 2018 1 minute ago, Tiberius said: It's just that I really should not have to. Your ignorance is showing by asking. Dodging! Link to comment Share on other sites More sharing options...
Tiberius Posted May 7, 2018 Share Posted May 7, 2018 8 minutes ago, 3rdnlng said: Dodging! Sure Link to comment Share on other sites More sharing options...
B-Man Posted May 7, 2018 Share Posted May 7, 2018 GREAT AGAIN: Housing confidence hits record high as home prices skyrocket... Link to comment Share on other sites More sharing options...
Koko78 Posted May 7, 2018 Share Posted May 7, 2018 8 minutes ago, B-Man said: GREAT AGAIN: Housing confidence hits record high as home prices skyrocket... Praise be Obama! 1 Link to comment Share on other sites More sharing options...
B-Man Posted May 7, 2018 Share Posted May 7, 2018 Link to comment Share on other sites More sharing options...
Tiberius Posted May 7, 2018 Share Posted May 7, 2018 2 hours ago, B-Man said: Why no credit for Obama all these years the economy was growing? Link to comment Share on other sites More sharing options...
outsidethebox Posted May 7, 2018 Share Posted May 7, 2018 2 hours ago, Tiberius said: Why no credit for Obama all these years the economy was growing? Because McDonalds only pays so much. 1 Link to comment Share on other sites More sharing options...
Recommended Posts