California’s private sector has been decimated
I’m so sick and tired of people saying California has a high GDP and is therefore a prosperous state. (Government spending is included when calculating GDP). The only reason they do well is because the tech sector was so valuable (now fleeing) and major west cost shipping ports from China
Fact: The US created roughly 7,320,000 jobs in the last 3 years. Of those, California created 156,000. And if you think that’s bad? Only 5,400 of those jobs were in the private sector. The rest are all government jobs fueled by debt-spending.
5,400 jobs in 2 years. In the biggest state. Wow. No job creation. No wealth creation. Nobody is starting businesses. Nothing is growing. Nothing is thriving. This is late-stage socialism
submitted by /u/Shoot_2_Thrill
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