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> At $2.4 trillion, Texas' economy is larger than many countries', including Russia, Canada and Italy, according to a report from the governor's office. Califo

> At $2.4 trillion, Texas' economy is larger than many countries', including Russia, Canada and Italy, according to a report from the governor's office. California's economy is $4.1 trillion and has a much higher chance of growing larger with most of the AI companies based out of CA.

CivBase 1y ago
Or most of those AI companies could go bust. Nobody really knows yet.
ddtaylor 1y ago
I expect a series of other choices that force the business into Texas as a way to choke out California for not bowing to the will of a king.
- conductr 1y ago
  I hate defending his highness, but this has been in play way longer than he’s been in office.
  - ddtaylor 1y ago
    Almost every thing happening right now involves organizations that have been making plans to do things for a very long time that is being hyper accelerated or the competitive landscape drastically distorted to give advantage. I should be happy right now as X and Y and Z are available, some of which support some of my ideas, but I'm smart enough to know that giving me a few trinkets while screwing the system as a whole doesn't work.
vonneumannstan 1y ago
They already have multiple trillion dollar companies and how has that worked out for them? Rampant homelessness and crime in their "Premier" cities, skyrocketing cost of living and housing prices, etc.
anon191928 1y ago
CA have LTSE. but somehow they are slow or stopped? not much news about it.
conductr 1y ago
Not sure I understand your point. If someone wants to open an exchange there, what’s stopping them? I’m a Dallas resident and this has been a large coordinated effort that has a lot of banks relocating here. Not going to debate the good or bad of it, but Texas tends to go after these types of things and creates a favorable environment for it from a business/tax/political standpoint. I don’t know what California does, but I know a whole bunch of Californian corporations have moved here citing similar reasons. So again, what’s stopping something similar from happening in California? (If it doesn’t already exist)
- Braxton1980 1y ago
  What's to stop states from increasing the amount they compete with each other to lure businesses by reducing regulations, lower taxes, etc I think this is a loop that hurts regular people. Less regulation could open people to more risk and less ways to combat it. Lower taxes for businesses means that state funding must be made up with either cuts to services or higher taxes on people. I think Republicans will use these incentives and the federal government's power to push all the money to red states causing economic decline in blue states which they can then blame on the leaders of those states. I know this already happens but now that Trump is open to blackmailing states with funding because they aren't run by Republicans it will get worse
  - jlarocco 1y ago
    Those are formulated as hypothetical statements and "what if" questions, but it already works that way in the United States.
    - Braxton1980 1y ago
      I meant what if it gets worse? I thought that was assumed. Corruption, tax inequality, and the use of political power to benefit business will always be present and therefore the amount is what's important. Every politician lies so that doesn't matter. What matters is what the lie about and how often it occurs. It's the same with corruption.
crazygringo 1y ago
What relevance does that have? I genuinely don't understand the purpose of your comment. It's not like the article was suggesting Texas had America's largest state economy. It was just showing that it is large. Which it is. What does California have to do with anything?
TacticalCoder 1y ago
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CivBase 1y ago

Or most of those AI companies could go bust. Nobody really knows yet.

ddtaylor 1y ago

I expect a series of other choices that force the business into Texas as a way to choke out California for not bowing to the will of a king.

conductr 1y ago
I hate defending his highness, but this has been in play way longer than he’s been in office.
- ddtaylor 1y ago
  Almost every thing happening right now involves organizations that have been making plans to do things for a very long time that is being hyper accelerated or the competitive landscape drastically distorted to give advantage. I should be happy right now as X and Y and Z are available, some of which support some of my ideas, but I'm smart enough to know that giving me a few trinkets while screwing the system as a whole doesn't work.

vonneumannstan 1y ago

They already have multiple trillion dollar companies and how has that worked out for them? Rampant homelessness and crime in their "Premier" cities, skyrocketing cost of living and housing prices, etc.

anon191928 1y ago

CA have LTSE. but somehow they are slow or stopped? not much news about it.

conductr 1y ago

Not sure I understand your point. If someone wants to open an exchange there, what’s stopping them? I’m a Dallas resident and this has been a large coordinated effort that has a lot of banks relocating here. Not going to debate the good or bad of it, but Texas tends to go after these types of things and creates a favorable environment for it from a business/tax/political standpoint. I don’t know what California does, but I know a whole bunch of Californian corporations have moved here citing similar reasons. So again, what’s stopping something similar from happening in California? (If it doesn’t already exist)

Braxton1980 1y ago
What's to stop states from increasing the amount they compete with each other to lure businesses by reducing regulations, lower taxes, etc I think this is a loop that hurts regular people. Less regulation could open people to more risk and less ways to combat it. Lower taxes for businesses means that state funding must be made up with either cuts to services or higher taxes on people. I think Republicans will use these incentives and the federal government's power to push all the money to red states causing economic decline in blue states which they can then blame on the leaders of those states. I know this already happens but now that Trump is open to blackmailing states with funding because they aren't run by Republicans it will get worse
- jlarocco 1y ago
  Those are formulated as hypothetical statements and "what if" questions, but it already works that way in the United States.
  - Braxton1980 1y ago
    I meant what if it gets worse? I thought that was assumed. Corruption, tax inequality, and the use of political power to benefit business will always be present and therefore the amount is what's important. Every politician lies so that doesn't matter. What matters is what the lie about and how often it occurs. It's the same with corruption.

crazygringo 1y ago

What relevance does that have? I genuinely don't understand the purpose of your comment. It's not like the article was suggesting Texas had America's largest state economy. It was just showing that it is large. Which it is. What does California have to do with anything?

TacticalCoder 1y ago

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