Under the circumstances, then, one has to wonder why in recent years California has turned in the most consistently glittering economic performance in the nation. Its growth in real gross domestic product since the 2009 recession has handily outstripped that of several states with top-flight ALEC rankings, such as Utah , Nevada , Indiana , North Carolina , Tennessee , Florida and that veritable laboratory of tea party tax-cutting, Kansas .
Moore told me by email, “I’m not at all optimistic about the economic future of California, but I hope I’m wrong.” He didn’t address my questions about the mismatch between the ALEC rankings he co-authored and the facts on the ground, but noted that “California has lost almost one million net residents to the rest of the nation over the last decade,” adding, “People don’t leave places that are prosperous.
Laffer, the rankings’ chief author, says he isn’t discouraged by the empirical figures on growth. “California is so magical,” he told me . “It’s got so much going for it that can’t be measured in terms of policy variables. I think California grows in spite of its policies.”
Source: News Formal (newsformal.com)
hiltzikm But come on, it ranks first in homelessness and human poop and used needles on public sidewalks.
hiltzikm California still the best place to be, 5th largest economy on the planet. FreeTheBear
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