Correct me if I am wrong, but no individual state’s economy can truly be considered standalone. It operates under and with the outside funding of the other 49 states’ taxpayer monies. We’re all just one big happy family, right?
Correct me if I am wrong, but no individual states economy can truly be considered standalone. It operates under and with the outside funding of the other 49 states taxpayer monies. Were all just one big happy family, right?””
You are exactly right. Take away all their federal support and see what CA does. The western states and the NE states get most of the federal contracts, not to mention the handouts to the progressive welfare leeches.
France exists within the European Union.
The measure in question is of production of goods and services.
The comparison is therefore valid
A good question to ask would be what is the amount of goods and services in France produced by California companies and vice versa.
My gut feeling is that california produces more in France than France produces in California.