While the rest of the country continues to see economic growth and gradually rising wages, California on the other hand is inching closer to a recession. California’s economy grew by an anemic one-tenth of one percent in the first quarter of 2017 over the first quarter of 2016. That “growth” is the slowest of any Pacific Coast state except for Hawaii where prices on things are just as inflated as in California. The “Golden State’s” pitiful “growth” is the 42nd slowest in the nation. Which state has seen the most economic growth? It’s Republican run Texas.
California’s Pending Recession |
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California’s Pending Recession: An Inconvenient Reality
Over the decade, California’s Democrat dominated leadership acted in opposition to rest of America.
The state’s tit-for-tat efforts to enact policies run nearly the exact opposite of common sense fiscal responsibility. Yet many Californians declare victory before the battle ends.California’s economy dwarfs that of other states, despite of Sacramento’s legislative policies, not because of them.