Worshipping The Golden Calif

“It should go without saying California is critical to US economic dominance globally, accounting for more than 14% of US’s $28 trillion of GDP as measured by the World Bank and more than 50% greater than the next largest state by the size of its economy – Texas. Among the many superlatives that can be assigned to the Golden State, consider that there isn’t a major industry in any of the other 49 states that comes close to overtaking its California counterpart.” California gets a endless barrage of criticism these days. But the state must be doing something right. Not only for itself. It’s also supporting the federal government. “California, as measured by the balance of payments, sends much more to Trump’s America than it gets back, about $83.1 billion more as the biggest ‘donor state,’ according to the Rockefeller Institute. That’s almost three times more than the No. 2 state, New Jersey, at $28.9 billion. (The top four states are all considered ‘blue,’ sending a combined $156.9 billion to DC. Texas, a champion of Republican ideals, takes $71.1 billion more than it gives.)” What can I say, Texas. This ain’t our first rodeo. Bloomberg (Gift Article): California Keeps Making the US Great — Again.