Texas Booms (+3.9%) as California Flatlines (0.1%); Mining, Manufacturing Drive

[Coach is Back!]

http://www.cnsnews.com/news/article/terence-p-jeffrey/texas-booms-39-california-flatlines-01-mining-manufacturing-drive

[Straw Man]

Hey phony coach - you should really try reading past the headlines
I know it's hard for you to pay attention that long but maybe you can have a child read it and then explain it to you

Also, please move to Texas if you think it's so great

I grew up there and my entire family still lives there and it's actually not terrible...except for the weather most of the time

from the article you posted

California still has by far the largest economy of any state, with its GDP at an annual rate of $2,670,788,000,000 in the first quarter of this year, according to BEA. Texas remained a distant second, with its GDP at $1,682,888,000,000 in the first quarter.

That made California’s GDP $987,900,000,000 (or 58.7 percent) more than Texas’s annual GDP as of the first quarter.

[Coach is Back!]

Hey phony coach - you should really try reading past the headlines
I know it's hard for you to pay attention that long but maybe you can have a child read it and then explain it to you

Also, please move to Texas if you think it's so great

I grew up there and my entire family still lives there and it's actually not terrible...except for the weather most of the time

from the article you posted

Pay attention closely lunk head. There is California has little to no growth and corporations are bailing out of state because of the ridiculous taxes, regulations and stupid spending. You, me a county a state or a country CANNOT grow with that bullshit. I guess the 4% growth compared to 0.1% means nothing. Take your common core and shove it. 

[Straw Man]

Pay attention closely lunk head. There is California has little to no growth and corporations are bailing out of state because of the ridiculous taxes, regulations and stupid spending. You, me a county a state or a country CANNOT grow with that bullshit. I guess the 4% growth compared to 0.1% means nothing. Take your common core and shove it. 

are you really this dumb....just kidding, of course you are

the article you posted is referring to rate of growth and not the actual GDP

let me make it simple for you

take a guy who just starting working and weighs 140lbs and compare him to a guy who has been training for years and weighs 230lbs

6 months later the beginner now weighs 155lbs and the veteran trainer weighs 230.5 pounds

Is the beginner bragging about his rate of growth compared to the guy that's almost twice his size?

[Coach is Back!]

are you really this dumb....just kidding, of course you are

the article you posted is referring to rate of growth and not the actual GDP

let me make it simple for you

take a guy who just starting working and weighs 140lbs and compare him to a guy who has been training for years and weighs 230lbs

6 months later the beginner now weighs 155lbs and the veteran trainer weighs 230.5 pounds

Is the beginner bragging about his rate of growth compared to the guy that's almost twice his size?

Just shut up already. Your liberal denial is mental.

"Texas, the nation’s second most populous state, had the fastest growing economy in the nation in the first quarter of this year with its state GDP growing at a real annual rate of 3.9 percent, according to data released today by the Bureau of Economic Analysis. By contrast, California, the nation’s most populous state, ranked 42nd out of 50 states for first quarter economic growth, with its GDP growing at a real annual rate of just 0.1 percent."

[Straw Man]

Just shut up already. Your liberal denial is mental.

"Texas, the nation’s second most populous state, had the fastest growing economy in the nation in the first quarter of this year with its state GDP growing at a real annual rate of 3.9 percent, according to data released today by the Bureau of Economic Analysis. By contrast, California, the nation’s most populous state, ranked 42nd out of 50 states for first quarter economic growth, with its GDP growing at a real annual rate of just 0.1 percent."

fucking hilarious

you post something on a message board and then get angry when someone responds

It seems even with my very simple example you still can't seem to grasp the "rate of growth" with the actual GDP number

[TuHolmes]

Historically, California has grown recently a lot more than Texas.

Now, this is good quarter, but next quarter could be completely different.

Some historical context for you all here:

http://www.politifact.com/california/statements/2016/dec/19/jerry-brown/are-jobs-california-growing-hell-lot-faster-texas/

They flip back and forth quite a bit.

My question is whether someone will return to this thread when California has a quarter above Texas, or do we just let that slide?

Coach posted in another thread about how great business is going for him to the point someone is asking him to be a partner somewhere. Sounds like a good thing given the evil liberals that run the state.

I suppose he could have had more opportunity for that in Texas?

Coach, why do you seem eager for California to fail? Isn't that a bad thing for you, Strawman, and myself? We all need California to be strong yes?

[Thin Lizzy]

are you really this dumb....just kidding, of course you are

the article you posted is referring to rate of growth and not the actual GDP

let me make it simple for you

take a guy who just starting working and weighs 140lbs and compare him to a guy who has been training for years and weighs 230lbs

6 months later the beginner now weighs 155lbs and the veteran trainer weighs 230.5 pounds

Is the beginner bragging about his rate of growth compared to the guy that's almost twice his size?

But there is no beginner, genius. They've both been around for a long time. The fact that California has a bigger GDP is a separate issue. The subject is rate of growth.

What is it with liberals that they're so ridiculously insecure that they continually have to jerk themselves off about smart they are? Yet another of the miserable defects that comprise the mental disorder of liberalism.

[Coach is Back!]

Historically, California has grown recently a lot more than Texas.

Now, this is good quarter, but next quarter could be completely different.

Some historical context for you all here:

http://www.politifact.com/california/statements/2016/dec/19/jerry-brown/are-jobs-california-growing-hell-lot-faster-texas/

They flip back and forth quite a bit.

My question is whether someone will return to this thread when California has a quarter above Texas, or do we just let that slide?

Coach posted in another thread about how great business is going for him to the point someone is asking him to be a partner somewhere. Sounds like a good thing given the evil liberals that run the state.

I suppose he could have had more opportunity for that in Texas?

Coach, why do you seem eager for California to fail? Isn't that a bad thing for you, Strawman, and myself? We all need California to be strong yes?

I absolutely don't want California to fail but it seems like the current Government of California sure want it too. Yep, I have a great opportunity with my business but make no mistake our government doesn't make it easy for businesses small or big. I was born here, grew up here and raised my family here. Yes, we can go to other places but is the pain of starting over at 55 worth it? No. The liberals are hell bent into turning this in to a 100% socialist state. For Christs sake they wanted to pass a single payer health system that would have cost $400bil with a state budget of $186bil. It's that kind of thinking that leaves normal people (non liberals) shaking their heads.

[TuHolmes]

I absolutely don't want California to fail but it seems like the current Government of California sure want it too. Yep, I have a great opportunity with my business but make no mistake our government doesn't make it easy for businesses small or big. I was born here, grew up here and raised my family here. Yes, we can go to other places but is the pain of starting over at 55 worth it? No. The liberals are hell bent into turning this in to a 100% socialist state. For Christs sake they wanted to pass a single payer health system that would have cost $400bil with a state budget of $186bil. It's that kind of thinking that leaves normal people (non liberals) shaking their heads.

The single payer state model will not work. This is fiscally not possible at this time. It's why you need an even larger pool. As I've said, medicare for all (should they want to pay for it) is what is going to happen.

The one thing that I really think you need to stop is the belief that those who do not think like you are "not normal". It's unproductive.

Surely you coach many "liberal" people. Do you think they are all "abnormal"?

The way you react to things is very myopic. Try not labeling people and actually seeing where they are coming from on individual points and you will most likely find yourself surprised at the outcome.

Of course you can not pay 400 billion dollars if you don't have that money, so of course they won't pass that. They did the research and they ran the numbers and no matter how much they "wanted" a single payer system, they realized that individually at the state level, they could not pay for it, so they didn't pass it.

Irresponsible would be pushing that through knowing there was zero way to fund that money.

[Straw Man]

But there is no beginner, genius. They've both been around for a long time. The fact that California has a bigger GDP is a separate issue. The subject is rate of growth.

What is it with liberals that they're so ridiculously insecure that they continually have to jerk themselves off about smart they are? Yet another of the miserable defects that comprise the mental disorder of liberalism.

rate of growth for one quarter doesn't matter

the beginner vs. experienced was my attempt to dumb it down so that our retard could understand it

someone who is 150lbs and gains 2 pound has a much larger "rate of growth" as percentage than someone who weighs 230lbs and gains the same 2 pounds

from an article I posted last week:

In the stock and bond markets, where investors show no allegiance to political parties, California has outperformed the rest of the U.S. the past five years, especially since the Nov. 9 election, when Trump became the fifth person to win the Electoral College and lose the popular vote. California's creditworthiness keeps getting better, measured by the declining premium global investors must pay to ensure against depreciation of the state's debt obligations. That premium has diminished more than for any other state since 2012, according to data compiled by Bloomberg. California, whose voters favored Hillary Clinton two to one, outperformed Treasury bonds since the November election. Texas, which is the second-largest state in population and which supported Trump, became cheaper compared to Treasuries and California in the market for state and local debt since the November election. Investors see security in the state with more protections for immigrants and more regulations.

California's borrowing cost is 0.15 percentage points lower than the average for states and municipalities and has declined to just 0.24 percentage points more than the U.S. pays on its debt, down from 1.97 percentage points in 2013.

At the same time, bonds sold by California's municipalities produced a total return of 2.3 percent since November,  outperforming the benchmark for the U.S., according to data compiled by Bloomberg. The growing popularity of bonds sold by California issuers is a consequence of the state's more rigorous regulation of the market, specifically legislation signed by Brown last year, creating greater transparency and accountability for issuers of California debt.

https://www.bloomberg.com/view/articles/2017-05-10/california-leads-u-s-economy-away-from-trump

[tonymctones]

I grew up there and my entire family still lives there and it's actually not terrible...except for the weather most of the time

Texas is great but yea the weather in California is a good bit better, its hot as balls here in the summer but there's plenty of lakes and rivers to cool off in.