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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsCalifornia now world's 5th largest economy, surpassing UK
By JONATHAN J. COOPER, Associated Press
https://m.sfgate.com/news/us/article/California-now-world-s-5th-largest-economy-12888461.php?utm_campaign=reddit-mobile&utm_source=CMS%20Sharing%20Button&utm_medium=social
"SNIP.........
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.
All economic sectors except agriculture contributed to California's higher GDP, said Irena Asmundson, chief economist at the California Department of Finance. Financial services and real estate led the pack at $26 billion in growth, followed by the information sector, which includes many technology companies, at $20 billion. Manufacturing was up $10 billion.
California last had the world's fifth largest economy in 2002 but fell as low as 10th in 2012 following the Great Recession. Since then, the largest U.S. state has added 2 million jobs and grown its GDP by $700 billion.
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applegrove
(118,577 posts)BigmanPigman
(51,582 posts)It is good and long and they addressed this issue. About halfway through they started discussing this topic...
https://www.vox.com/2018/5/1/17258866/democratic-party-republicans-trump-election
"Lets dive into some of your proposed solutions. For starters, you think Democrats should break California up into seven states. Why?"
"I dont think the architects of the Constitution understood that population dynamics would create a state like California with 38 million people, and then a bunch of states like the Dakotas and Wyoming and Vermont and Delaware that have very small populations".
Exotica
(1,461 posts)We need the US government to raise the number of House reps to at least 1001 members and distribute them fairly, so we (I am a Cali registered voter) get a fair shake in the House voting power scheme and in voting for POTUS. Last time the House number of reps was raised was 1913, when we had only 97 million people in the USA.
applegrove
(118,577 posts)Exotica
(1,461 posts)the same number (population wise) as the House of Commons (650 members in a 65 million pop nation) it would have around 3200 members. If it had the same as the Swedish Riksdag, (349 in a 10 million person nation) 11,500 or so members.
Matthew28
(1,796 posts)keeps getting worse. Well, Califorina, Oregon and washington could always attempt to go it alone. We're more then powerful enough to do so.
Lets see these conservative bastards do without us.
Wellstone ruled
(34,661 posts)Brother Buzz
(36,407 posts)thucythucy
(8,043 posts)FarCenter
(19,429 posts)Response to applegrove (Original post)
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