UPDATED 2015 FIGURES: California per capita GDP — adjusted for COL — is worse than all but 13 states
It’s common for the remaining California boosters (almost ALL of whom are far to the left of center) to smugly assert that “If California were a country, it would have the world’s 6thlargest economy.” Referencing this ranking, “Comedian” Bill Mayer recently delivered this smug progressive punchline to Republicans — “Scoreboard, bitches!!“
To entertain his carefully screened liberal audiences, Mayer relies on “talking points” rather than economic analysis. Indeed, how else could he be a progressive? By not digging deeper into such matters, he periodically demonstrates his profound economic illiteracy. Certainly in this case!
Granted, using just GDP (Gross Domestic Product) as a benchmark, this GDP boast is technically a true assertion.… Read More