California had a debt of $151,715,007,000 in fiscal year 2015. The state debt per capita was $3,891. This ranked California first among the states in debt and 14th in per capita debt. The total state debt owned by the 50 states was $1.15 trillion with a per capita debt of $3,582.[1]
California's economy, with a gross state product of $3.0 trillion, is the largest sub-national economy in the world. If it were a country, California would be the fifth-largest economy in the world,
California is the state that produces the most income to the US. The rest are gonna be fucked (except for Texas and New York)
But they also produce a significant amount of income to the US
Comment Reported - Rule 12: Falsehoods
Comment Approved: This is not what this rule is for.
https://ballotpedia.org/California_state_debt
California's economy, with a gross state product of $3.0 trillion, is the largest sub-national economy in the world. If it were a country, California would be the fifth-largest economy in the world,
https://en.wikipedia.org/wiki/California#cite_note-16
And yet it is most in debt.
Most curious.
I guess the debt is manageable because California brings in a lot of money
It won't for long with the way things are going.
The only Red state that can rival is Texas
I was referring to CA and TX are getting CA refugees. I just hope it doesn't turn blue.
Comment Reported - Rule 12: Falsehoods
Comment Approved: This is not what this rule is for.