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California’s GDP is almost $3 trillion per year. That’s larger than the U.K.’s (the world’s 5th largest economy) with far fewer people (40M Californians vs. 6
by JauntTrooper 8y ago
California’s GDP is almost $3 trillion per year. That’s larger than the U.K.’s (the world’s 5th largest economy) with far fewer people (40M Californians vs. 66M in the U.K.)
Of course it has its problems. The cost of living is high especially in the cities. Still, it’s a real stretch to say it’s not a prosperous state.
- rayiner 8y agoI mean relatively to other U.S. states. The U.K. has lower GDP per capita than every single U.S. state: https://www.forbes.com/sites/timworstall/2014/08/25/britain-is-poorer-than-any-us-state-yes-even-mississippi/#5deccdce35ef https://www.forbes.com/sites/timworstall/2014/08/25/britain-.... Nobody would say "Mississippi is a prosperous state" but it is in fact richer than the U.K.