To: OCCASparky
Well, there is simply no comparing California to Michigan...Been there. The place is very scary. It's a ridicules comparison.
California, even in a terrible economy, with a government run by incompetent corrupt politicians, has nearly *double* the economy of the next biggest economic state of Texas.
Did you get that part?
((*Nearly double the Texas economy*))
California, even with it's high unemployment, and screwed up government, is Americas economic powerhouse... No state comes close.
63 posted on
07/12/2009 9:39:58 AM PDT by
dragnet2
To: dragnet2
No, not really. Look at the growth rate in California. It's slowing and what industries are left are lower and lower paying. Frankly, the situation is VERY similar to that of Michigan, New York, et al. You're going to find that CA's economy, such as it is, is based on high land values, etc., more than anything else.
Silicon Valley firms are relocating to Nevada and New Mexico. The banks are heading to North Carolina. Film industry is going to Canada. Agriculture is still there, but how much does that pay? Aerospace is going to Texas and Florida.
Need I go on?
64 posted on
07/12/2009 10:44:32 AM PDT by
OCCASparky
(Steely-Eyed Killer of the Deep)
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