Only logged in members can reply and interact with the post.
Join SimilarWorlds for FREE »

California is leading the US economy. Should the rest of the states look to California as a model for sustained growth?

The 5th largest economy in the world (tied with the UK). 1/7th of the US GDP. Alternative energy, tightening of regulation on bonds and immigration are three of the factors cited to its success. Quite the opposite of what the current administration is trying to accomplish.
This page is a permanent link to the reply below and its nested replies. See all post replies »
Deadcutie · 18-21, F
On the other hand , they are a state that has one of the most massive debts , bankruptcy has been thrown around for years and the state budget has cut to the bone.
DailyFlash · 56-60, M
@Deadcutie The debt is large because the economy is large To compare, the Debt to GDP Ratio in CA is 17% and it's 89% in Germany. The state currently runs in the black meaning no deficit. I've never heard of the state in bankruptcy danger. Our credit rating is stellar.