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applegrove

(118,577 posts)
Fri May 4, 2018, 06:14 PM May 2018

California 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.

.........SNIP"

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California now world's 5th largest economy, surpassing UK (Original Post) applegrove May 2018 OP
And still only two Senators. applegrove May 2018 #1
I read an interesting article on DU this week. BigmanPigman May 2018 #4
It isnt the Senate that is the fixable problem, its the House Exotica May 2018 #8
That is unbelievable. applegrove May 2018 #9
I am a dual UK/US citizen, if the US House of Reps had proportionately Exotica May 2018 #11
If this right wing crap Matthew28 May 2018 #2
And soon add Nevada to that list. Wellstone ruled May 2018 #3
And we could hold the Constitutional Convention in the..... Brother Buzz May 2018 #7
And Hawaii, Massachusetts, Connecticut. nt thucythucy May 2018 #10
Splitting California in 3 would be different. That's the only sure thing FarCenter May 2018 #5
Message auto-removed Name removed May 2018 #6

BigmanPigman

(51,582 posts)
4. I read an interesting article on DU this week.
Fri May 4, 2018, 06:26 PM
May 2018

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
"Let’s dive into some of your proposed solutions. For starters, you think Democrats should break California up into seven states. Why?"
"I don’t 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)
8. It isnt the Senate that is the fixable problem, its the House
Fri May 4, 2018, 07:06 PM
May 2018

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.

 

Exotica

(1,461 posts)
11. I am a dual UK/US citizen, if the US House of Reps had proportionately
Fri May 4, 2018, 07:27 PM
May 2018

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)
2. If this right wing crap
Fri May 4, 2018, 06:23 PM
May 2018

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.

Response to applegrove (Original post)

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