Frustrated about unaffordable housing or clogged freeways? Think of it as the price you pay for living in one of the world’s largest economies.
California’s economy ranked sixth in the world in 2016, according to rankings released by Palo Alto economist Stephen Levy on Friday. That’s the same as the year before, when California overtook France and Brazil. But the state’s economy isn’t stagnating; California’s economy is growing so quickly that Levy thinks the state will overtake the United Kingdom this year for No. 5.
Levy, head of the Center for Continuing Study of the California Economy, said the rankings are evidence of the state’s vigor in the aftermath of the recession. As recently as 2010, the state had fallen to 10th in the rankings and some policymakers were wondering, “Are we losing our mojo?” Levy said.
More broadly, he said the rankings show the state is prospering despite a host of problems.
“It does say we’re doing well,” he said. “It does say that despite the housing, despite the transportation challenges and despite the air quality, we’re kicking (butt).”
Although there have been signs recently that the state’s growth rate is slowing, California’s unemployment rate fell to 4.7 percent in May, the lowest in nearly 17 years. The June figures will be released next week.
Levy calculated the numbers from World Bank estimates released earlier this month and the U.S. Bureau of Economic Analysis, which breaks down state-by-state economic output. The U.K.’s economy totaled $2.62 trillion, with California at $2.60 trillion
Much of California is just like the rest of America, and its political dispositions are similar. But there are highly profitable areas that are responsible for all of this economic activity, and their politics is astonishingly left wing, to the point of seeming insanity.
Everywhere you look, you will see leftism tied to free resource availability, because all leftism is, is an r-selected reproductive strategy triggered in the brain by encountering free resource availability. Establishing this is important, because it stops leftists from claiming they are “right” from a logical or moral perspective. They are not right or moral. They are merely exhibiting a reproductive strategy called forth from their psyche through ancient genetic triggers. Their ideology’s only purpose is to facilitate a fast reproduction that will ultimately destroy all the comfort and ease which produced it.
If we can eliminate this perception that leftism has any intellectual or moral validity, then the population will be freed to stand up and adopt the K-strategy which is innate to their nature, and which they know deep down is the only path to greatness.
If I could abandon an extreme, isolationist libertarian psychology because I saw where it was counter-productive, and unable to ever be effectively implemented, I firmly believe the smart liberals will be able to see where the r-strategy will be similarly doomed to failure. Although they will likely not be able to make the full jump to embracing the K-strategy immediately, I expect we would at least see a strong reduction in their enthusiasm for the r-strategy, and the support they are willing to offer it – at least among the smarter more logical liberals.
From there, all it would take is time. The journey of a thousand miles, even ideologically, begins with a single step. And then it ends with an Apocalypse.
Tell others about r/K Theory, because only the worst rabbits are totally irredeemable
[…] California Is The World’s Fifth Largest Economy […]
Boom and inevitable Bust. All the worse with the dependent visitors. Hopefully conservatives in Cali are locked, loaded and actively scoping.
As I understand it, GDP INCLUDES Government spending. The ranking also drops when you include cost of living. Hmm? How much do Californians pay in taxes? How much are their fixed costs compared to other economies? Say no more.
https://www.researchgate.net/publication/247280312_Morphine_and_naloxone_effects_on_spontaneous_unit_activity_in_the_caudate_central_grey_and_amygdala
Question: I was wondering if Naloxone might decrease liberal believe structures. I found this study which says that morphine has less effect on the anterior amygdala that the caudate and central grey area. But, r-strategists, while exhibiting some of the traits of drug addicts, are not the same as opiate addicts. More like gambling addicts.
California does not “have” the world’s 5th largest economy. The multi-nationals that make up most of that wealth just happen to be located there, because of the lovely natural setting. They could just as well be in Lebanon or Argentina.
The article makes no reference to the public retirement debt of at least $366 billion, not to mention other liabilities.