Newsom is shitty but THIS IS THE WAY!!!

  • @jordanlund@lemmy.worldM
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    213 days ago

    “Californians pay the bills for the federal government. We pay over $80 BILLION more in taxes than we get back,” the Democratic governor said in an X post Friday afternoon, referencing a recent analysis from the Rockefeller Institute that California contributed about $83 billion more in federal taxes in 2022 than it received back from Washington.”

    So if Newsome cuts off the flow, it’s not just the $83B overage, it’s everything + $83B.

    California is, what? 13th largest economy in the world? 11th?

    Whoah… 4th. Just ahead of Japan and behind Germany:

    https://www.gov.ca.gov/2025/04/23/california-is-now-the-4th-largest-economy-in-the-world/

    US and China being #1 and 2.

        • Bakkoda
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          111 days ago

          Regularity capture. Lobbying. Lead poisoning. Terrible politicians. Regressive tax policies.

    • bitofarambler
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      13 days ago

      Texas is the 8th largest economy in the world.

      that blew my mind recently.

      • @qjkxbmwvz@startrek.website
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        013 days ago

        I’m too lazy to verify my hunch, but I’m guessing Texas is largely oil (exploiting natural resources), whereas California is largely intellectual output (tech, with some Hollywood and other sundry stuff), though California certainly does exploit its natural resources too (good farming conditions, some oil…).

    • @SCmSTR@lemmy.blahaj.zone
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      012 days ago

      You know? It really begs the question:

      What’s preventing conservative states from being able to pay for their own social programs and infrastructure?

      Is it liberal states absorbing all the wealth so that the conservative states can’t grow? Is it that being conservative is actually really really bad for the economy? Maybe they just never recovered from having slavery taken away and refused to adapt. Because there’s definitely something going on…

      • Captain Howdy
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        012 days ago

        When a State actually takes care of it’s citizens, it becomes a better place to live and start businesses. That attracts and creates better educated and more affluent people, which makes it a better place to live and do business. People flee the poorer states for a better chance at success in the liberal state. Repeat this for a century or so and that’s how conservative states become shitholes and liberal states (and countries) are much better off.

        • Maeve
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          012 days ago

          Not everyone who would move can afford to move.

          • NιƙƙιDιɱҽʂ
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            12 days ago

            That’s kind of the point. Financial capability is what leads this divergence. Those who have wealth take their wealth with them, leaving the state they come from further impoverished.

            The discussion is not about equity or equality (which is what I believe your comment is pointing to), but instead looking at why this divergence potentially occurs.

            • Maeve
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              -112 days ago

              I didn’t say it did. F those poor people, I guess.