California
Related: About this forumCalifornia Leads U.S. Economy, Away From Trump
Whatever the president says, this state does the opposite. It's working.
That's a claim worth exploring. Look at California, which is one-eighth of the U.S. population with 39 million people and one-seventh of the nation's gross domestic product of $2.3 trillion. Far from being a mess, California's economy is bigger than ever, rivaling the U.K. as No. 5 in the world, when figures for 2016 are officially tabulated.
California is the chief reason America is the only developed economy to achieve record GDP growth since the financial crisis of 2008 and ensuing global recession, according to data compiled by Bloomberg. Much of the U.S. growth can be traced to California laws promoting clean energy, government accountability and protections for undocumented people. Governor Jerry Brown, now in his fourth term, considers immigrants a major reason for the state's success: "39 percent of us are Latino and the majority are from Mexico," he said in a March 2 interview in his Sacramento office.
https://www.bloomberg.com/view/articles/2017-05-10/california-leads-u-s-economy-away-from-trump
BigmanPigman
(51,591 posts)He just about broke the state. Brown saved it!
It sure does cost a lot to live here though. Add 30% to whatever you pay on average to live in other states in the US and that is what we pay in CA. And the wages often are not 30% higher either. It does make a difference if you are watching your cash flow. Location, location, location...
Cicada
(4,533 posts)SB 827 changes zoning within a mile of public transit sites. It would lead to roughly a zillion new apartments. Not only would it make housing far more affordable but by putting skilled workers near CA super productive businesses it would blow the top off economic growth. NIMBY is nice but it hurts non millionaire people big time and it kills off economic growth. Within the transportation site hub developers could build up to 85 feet high. People with modest incomes, say five to ten million a year, would once again be able to afford a small apartment in California.
BigmanPigman
(51,591 posts)You can rent a small apt. in CA...no comment.