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By this logic, California is 50 years ahead of Alabama, and New York is 10 years ahead of California.
by grandalf 15y ago
By this logic, California is 50 years ahead of Alabama, and New York is 10 years ahead of California.
- jbooth 15y agoLet's not legitimize this silly article with obviously true corollaries like the above
- grandalf 15y agoThe article's point, if taken with the appropriate grain of salt, is interesting. Driving through rural, economically depressed America is like taking a time machine to an earlier, less affluent time (before economic productivity increases led to increases in the standard of living). Note that even a few years ago, much of the country still used dial-up, yet most of us on HN have probably had fast internet for 12+ years. If my standard of living increased by 1.5x I'd consider the $200/month broadband option totally reasonable for home internet, yet today I settle for Comcast's mid level option.
- polshaw 15y agoThis brings to mind an interesting point- economic migration. An Alabaman(?) wanting to set up a start up is likely to move to california or new york- suppressing the GDP of Alabama and increasing it for CA/NY. The same migration applies to the already-rich. Similarly, on an international scale, the USA is likely to be the destination of choice today. So as we see China begin to surpass the USA economically, the effect of any change of 'preferred economic migration destination' will likely amplify the natural GDP changes.
- grandalf 15y agoYes! George Friedman (of recent Stratfor infamy) argues that within 50 years the US will face a drastic shortage of workers and will set up immigration recruitment programs.