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While your data are no doubt correct, this doesn't stop it being true for California. Just because a state is now suffering from out-migration doesn't indicate

While your data are no doubt correct, this doesn't stop it being true for California. Just because a state is now suffering from out-migration doesn't indicate it didn't become wealthy from migration in the past, nor does it indicate it is getting poorer now due to that out-migration. To know that, you'd have to measure the economic contribution of the people moving in and of the people leaving. It is possible for the GDP per capita to increase and simultaneously for the population to decrease slowly. Would be interesting to know where the wealth comes from in Colorado, Nebraska and Minnesota. I don't know enough about them to comment. Edit: some data here: https://www.ocregister.com/2018/01/31/california-migration-come-for-jobs-leave-to-retire/ https://www.ocregister.com/2018/01/31/california-migration-c... "The top relocation motivation for 65 percent of households arriving by van said they came to California for jobs. Only 43 percent of those departing by moving van described the move was work-related. The jobs rush means your new neighbors are likely wealthier than the people they replaced. United’s study showed 68 percent of arriving households make $100,000 or more annually; just 63 percent of those departing by moving van make above that threshold."

rayiner 8y ago
OP made the assertion, they've got the burden of providing data in support of it. I'm just explaining that the data he did offer doesn't support his conclusion. Wealth in Colorado, Minnesota, etc., comes from the same place as anywhere else. The U.S. is a rich country with lots of productive industries. Tech is actually a pretty small portion of that (5-6% of GDP, 3% of employment). E.g. Target is based in Minnesota, and has double the revenues of Facebook.
- tptacek 8y ago
  Because I can't resist: Facebook has 6x better net margin; comparing the revenues of a global retailer to those of Facebook is a bit of an odd choice.

rayiner 8y ago

OP made the assertion, they've got the burden of providing data in support of it. I'm just explaining that the data he did offer doesn't support his conclusion. Wealth in Colorado, Minnesota, etc., comes from the same place as anywhere else. The U.S. is a rich country with lots of productive industries. Tech is actually a pretty small portion of that (5-6% of GDP, 3% of employment). E.g. Target is based in Minnesota, and has double the revenues of Facebook.

tptacek 8y ago
Because I can't resist: Facebook has 6x better net margin; comparing the revenues of a global retailer to those of Facebook is a bit of an odd choice.