The question is what is CA going to do when its municipalities indirectly cap GDP via their terrible housing policies. The entire state is under a slow boil by NIMBYism that will eventually choke its otherwise impressive economy.
This is truly incredible and speaks to the amazing spirit of people and government of California. These numbers become even more incredible when you consider that UK has 66 million people. And CA is also a net donor state when it comes to Federal taxes. If you add that spending back, the economy would be even bigger. Most articles here and in the internet speak to a dislike of California. But for me, everyday I feel lucky to live here.
No reason to use a paywalled version of this AP story<p><a href="https://www.apnews.com/dfe5adff6d3640249e63f5637dfeb995" rel="nofollow">https://www.apnews.com/dfe5adff6d3640249e63f5637dfeb995</a>