Manufacturing

California Has Larger Economy Now Than The United Kingdom (Great Britain), Fifth Largest In World

Ronald 6 Comments

As of last month, the state of California officially is the world’s fifth largest economy.

The Golden State just passed the United Kingdom (Great Britain), and is now only surpassed by four nations: The United States, China, Japan, and Germany.

Who would ever have thought when the US fought Mexico in the late 1840s, gained control of California in the Treaty of Guadalupe Hidalgo in 1848, and saw the Gold Rush begin, starting the development of California population so rapidly, that California became a state by 1850, that this mega state would develop an economy larger than all but four nations?

California today has 40 million people, one out of every eight Americans, and has a technology sector in Silicon Valley, and is the world’s entertainment capital in Hollywood.

California is also the nation’s major agricultural sector in the Central Valley agricultural heartland.

It also has become a major positive in the economy after the collapse during the Great Recession. Financial services, real estate, manufacturing, and the information economy are all major pluses in the California economy.

Its economy is one seventh of the entire nation’s economy, and the job growth from 2012-2017 is one sixth of the entire improvement of the country.

The major areas of economic growth are in San Francisco, San Jose, Los Angeles and San Diego.

Its Congressional delegation, by far the largest, consists of 53 House Members and 2 Senators, and a substantial number of them—16 in the House—play a major role in Congress.

The outgoing Governor, Jerry Brown, is seen by many as possibly the greatest Governor in the nation right now, having presided over the revival of the California economy in the past eight years.

California has also led the fight against Donald Trump on such issues as immigration and sanctuary cities; gay rights and gay marriage; and climate change and global warming.

And Nancy Pelosi. the former Speaker of the House from 2007-2011, and Minority Leader since then; and Kevin McCarthy, the House Majority Leader now angling to be the next Speaker of the House if the Republicans retain the majority, are both from California.

So California is, in so many ways, a nation onto itself, and could sustain itself if need be, but at the same time, the future could be three Californias, as the state initiative process has led to a possible ballot question in November, that would set up three states instead of one–Northern California; Southern California; and California, which would consist of the Los Angeles metropolitan area.

Each state would have about one third of the population of 40 million.

Whether this occurs or not, California will continue to be a major part of the world economy and the American political system.

A Good Week For Barack Obama, Including Debate Performance!

Ronald Leave a comment

The first week of October has been good to Barack Obama!

His Gallup poll rating is at its highest since the fall of 2009, now registering at 54 percent! This is a strong indication of his upcoming victory precisely one month from today!

Many want to believe that his debate performance harmed him, without realizing that while he might not have been at his best, it really does not matter, as incumbent Presidents tend to do poorly on the first debate with a challenger, as indicated in an earlier post. After all, they have more on their mind than the campaign, such as governing and dealing with crises on a daily basis. Meanwhile, Mitt Romney has done nothing for the past six years other than run for President, and he has had a multitude of mistakes and poor performances with his rhetoric and comments!

If Obama had come out charging in this first debate, he would be accused of being an “angry black man”, which terrifies many working class whites and uneducated people, who are accustomed to a different image of blacks, which is an unspoken sign of massive racism! So if he smiles and lets Mitt Romney hang himself as a phony, a chameleon, a liar on a massive scale, he is criticized, but Romney has added to the image that he is untrustworthy by his aggressive performance full of deceit and manipulation! Obama actually handled the situation well, and that will be seen as time goes by!

Now that Romney has proved again that he is a charlatan, Joe Biden will go on the assault against ideologue Paul Ryan, and then Obama will go after Romney in the last two Presidential debates. He will follow Ronald Reagan and George W. Bush in recovering from a theoretical first debate that was unimpressive, to go on to electoral victory!

But also, the victories for voting rights in Ohio and Pennsylvania, and the stopping of voter registration by Republicans in Florida and four other states, due to obvious GOP corruption, will upend the Republican attempt to cut out millions of potential Democratic voters in “swing” states.

And the economic revival that is going on, lowering the unemployment rate below 8 percent for the first time in his term of office, will help Obama, as most sane people will dismiss the conspiracy theories of conservatives and Republicans that the honorable and independent Bureau Of Labor Statistics is corrupt!

And the fact that Obama saved the auto industry; has seen the stock market double during his term; that manufacturing is reviving in America; and that energy production is up domestically without destroying the environment—-all this is further proof that this has been a good week on the road to ultimate victory one month from now!