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TeamProg

(6,630 posts)
9. Every economy competes, but to get close to Calf among world-wide economies? Highly unlikely.
Wed Nov 2, 2022, 11:25 AM
Nov 2022
https://en.wikipedia.org/wiki/Economy_of_Texas


The economy of the State of Texas is the second largest by GDP in the United States after that of California. It has a gross state product of $2.0 trillion as of 2021.[8] In 2011, Texas was home to six of the biggest 50 companies, and 51 in total, in the Fortune 500 (the third most after New York and California).[9] As of 2021, Texas grossed more than $300 billion a year in exports—more than the exports of California ($175 billion) and New York ($100 billion) combined.[10][11][12]

As a sovereign country (2016), Texas would be the 10th largest economy in the world by GDP, ahead of South Korea and Canada and behind Brazil.[13] For 2019 Texas's household income was $67,444[14] in ranking 26th in the nation.[15] The state debt in 2012 was calculated to be $121.7 billion, or $7,400 per taxpayer.[16] Texas has the second largest population in the country after California.[17]

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0 members have recommended this reply (displayed in chronological order):

But, but, but, it's awful here.... onecaliberal Nov 2022 #1
I would love to live in California but need to be here in Texas for my family. Admittedly jealous. walkingman Nov 2022 #6
The cost of living is a thing. I love it here. onecaliberal Nov 2022 #7
Beto said TX has higher taxes than CA! But yeah, gasoline... ouch. TeamProg Nov 2022 #13
Much as I loathe to leave, in a way... lambchopp59 Nov 2022 #18
Hmmm... we seem to be doing well, despite the mass exodus to TX, ID and TN kysrsoze Nov 2022 #2
"Buh-bye" nt TeamProg Nov 2022 #11
If Dems take control of Texas, I could see CA and TX competing ColinC Nov 2022 #3
Your right and I hope it happens soon. Although we have quite a bit to catch up walkingman Nov 2022 #5
I don't see that happening because of Silicon Valley Tech. onecaliberal Nov 2022 #8
TX seems to be going the path of CA ColinC Nov 2022 #10
Every economy competes, but to get close to Calf among world-wide economies? Highly unlikely. TeamProg Nov 2022 #9
I think competent leadership could make it happen ColinC Nov 2022 #12
It's more likely that other nations' economies will take a huge hit thereby raising TX in the TeamProg Nov 2022 #14
After grasping the size of Calif's economy, conservatives ask "then why isn't Calif. doing better?" TeamProg Nov 2022 #4
I live in TX. (Moved here from CA over 10 years ago) awesomerwb1 Nov 2022 #15
California wants you back. quaint Nov 2022 #16
Thank you kindly. awesomerwb1 Nov 2022 #17
I'll make a bet those making disparaging comments lambchopp59 Nov 2022 #19
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