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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Wharf Rat who wrote (147712)10/21/2010 12:42:00 AM
From: Wharf Rat  Read Replies (1) | Respond to of 541774
 
So why is California having $ problems? Why can't we balance a budget? Business bad?

Maybe we don't tax commensurate with our economy. Should the 8th largest economy in the world really be ranked 49th in the country in per student school spending?

California's economy is the largest of any state in the US, and is the eighth largest economy in the world.[1][2] As of 2008, the gross state product (GSP) is about $1.85 trillion, which is 13% of the United States gross domestic product (GDP).[3] The state's GDP growth rate slowed to 0.4% in 2008 after having grown 3.1% in 2006 and 1.8% in 2007.[3] As of 2010 California along with Texas leads all other states in the number of Fortune 500 headquarters at 57 companies each. (April 2010 Fortune Magazine)

en.wikipedia.org



To: Wharf Rat who wrote (147712)10/21/2010 12:55:50 AM
From: Wharf Rat  Read Replies (1) | Respond to of 541774
 
Relax...it's just like France adopting Pakistan.

U.S. State to Nation GDP Comparison
10/1/09

All statistical information herein courtesy of Strange Maps

In 2007, the US had the largest economy in the world for a single country, outranked by a single currency only by the European Union.
As difficult as it is for us to conceptualize a trillion (1,000,000,000,000) or even a billion (1,000,000,000), the U.S. GDP was estimated at a staggering $13,160,000,000,000. That’s thirteen-trillion, one-hundred and sixty-billion dollars. Too big to fail? Some people think so.

As entertaining as it is to delve into the concept that money is a fabrication, a symbol that we all buy into that doesn’t exist in any practical sense, we believe in it like kids do Santa. It’s real when we can’t afford to eat or go to the doctor or buy a house. Though this map can’t give us an idea of the quality of life for those around the world, it’s interesting to think of the fairly cushy life in the US where someone dying of starvation is a freak occurrence as opposed to the lives of others in nations with far fewer resources.

You have to wonder how many of these countries allow big business to dictate the cost of the well being of their people, like the insurance industry seems to be doing in the U.S. If the U.S. is the richest nation around, it serves us to think about the cost that the people of the U.S. and other nations worldwide pay for that astonishing figure. Perhaps that’s a map for another day.

As Strange Maps states (I only used their information) this map is inaccurate as the numbers don’t reflect the per capita GDP, rather the gross GDP, and so the relative comfort and wealth of the people in any given country here as it compares to that of the US citizens of the corresponding state will bear no correlation.

So with much credit to those at Strange Maps, the following are the numbers and key to the map you see above.

State – Nation –GDP – Worldwide Ranking
California – France — $2,150, 000,000,000 (trillion) – #8
Texas – Canada — $1,080,000,000,000 (trillion) – #10
Florida – South Korea’s — $786,000,000,000 – #13
Illinois – Mexico — $741,000,000,000 – #14
New Jersey – Russia – $733,000,000,000 – #15
Ohio – Australia — $645,000,000,000 – #16
New York – Brazil — $621,000,000,000 – #17
Pennsylvania – Netherlands — $613,000,000,000 – #18
Georgia – Switzerland — $387,000,000,000 – #19
North Carolina – Sweden — $371,000,000,000 – #20
Massachusetts – Belgium — $368,000,000,000 – #21
Washington – Turkey — $358,000,000,000 – #22
Virginia – Austria — $309,000,000,000 – #24
Tennessee – Saudi Arabia – $286,000,000,000 – #25
Missouri – Poland — $265,000,000,000 – #26
Louisiana – Indonesia — $264,000,000,000 – #27
Minnesota – Norway — $262,000,000,000 – #28
Indiana – Denmark — $256,000,000,000 – #29
Connecticut – Greece — $222,000,000,000 – #30
Michigan – Argentina — $210,000,000,000 – #31
Nevada – Ireland — $203,000,000,000 – #32
Wisconsin – South Africa – $200,000,000,000 – #33
Arizona – Thailand – $197,000,000,000 – # 34
Colorado – Finland — $196,000,000,000 – #35
Alabama – Iran — $195,000,000,000 – #36
Maryland – Hong Kong — $187,000,000,000 – #37
Kentucky – Portugal — $177,000,000,000 – #38
Iowa – Venezuela — $148,000,000,000 – #39
Kansas – Malaysia — $132,000,000,000 – #40
Arkansas – Pakistan — $124,000,000,000 – #41
Oregon – Israel — $122,000,000,000 – #42
South Carolina – Singapore — $121,000,000,000 – #43
Nebraska – Czech Republic — $119,000,000,000 – #44
New Mexico – Hungary — $113,000,000,000 – #45
Mississippi – Chile — $100,000,000,000 – #48
DC – New Zealand — $99,000,000,000 – #49
Oklahoma – Philippines — $98,000,000,000 – #50
West Virginia – Algeria — $92,000,000,000 – #51
Hawaii – Nigeria — $83,000,000,000 – #53
Idaho – Ukraine — $81,000,000,000 – #54
Delaware – Romania — $79,000,000,000 – #55
Utah – Peru — $76,000,000,000 – #56
New Hampshire – Bangladesh — $69,000,000,000 – #57
Maine – Morocco — $57,000,000,000 – #59
Rhode Island – Vietnam — $48,000,000,000 – #61
South Dakota – Croatia — $37,000,000,000 – #66
Montana – Tunisia — $33,000,000,000 – #69
North Dakota – Ecuador — $32,000,000,000 – #70
Alaska – Belarus — $29 ,000,000,000 – #73
Vermont – Dominican Republic — $20,000,000,000 – #81
Wyoming – Uzbekistan — $11,000,000,000 – #101

matadornetwork.com