California Poised to Become World's 4th Biggest Economy
Office of Governor Gavin Newsom Published: Oct 24, 2022SACRAMENTO –
“While critics often say California’s best days are behind us, reality proves otherwise – our economic growth and job gains continue to fuel the nation’s economy,” said Governor Newsom. “California’s values and entrepreneurial spirit have powered this ascent to becoming the 4th biggest economy in the world, and we’ll continue doubling down on industries of the future, like renewables and clean energy. I feel tremendous pride in California’s resilience, leadership, and our formula for success.”
Here are some of the top takeaways from Bloomberg’s data:
“California outperforms the US and the rest of the world across many industries. That’s especially relevant with renewable energy, the fastest-growing business in California”
“California’s trajectory is most transparent in the growing divergence between its 379 companies with a market value of at least $1 billion”
“California technology hardware, media and software saw sales increase 63%, 95% and 115% the past three years, boosting market valuations by 184%, 54% and 58%”
“Job creation is a particularly strong area, with unemployment falling to 3.9% in July, the lowest since data was compiled in 1976 … California’s joblessness dipped below Texas”
Governor Newsom has implemented a $52 billion financial assistance package to help Californians with rising inflation and costs. The most robust and comprehensive stimulus program in the nation, it provides $26 billion in direct payments, $15 billion in tax relief and grants for businesses, and more.
As noted by Bloomberg, renewable energy has become California’s fastest-growing business. Governor Newsom has doubled down on clean energy and zero-emission vehicles, implementing a $10 billion package to make it more affordable for Californians to buy ZEVs while building out the state’s charging infrastructure. California now has six times more clean energy jobs than fossil fuel jobs, and ZEVs have become one of the state’s top exports.
Bloomberg: California Poised to Overtake Germany as World’s No. 4 Economy
"Contrary to popular belief, the Golden State has proven resilient, outperforming its US and global peers."
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I think that says a lot about those who couldn't get out of here fast enough. 
Home of way too many racists and hard core QOP. I have a little nephew who's half Mexican and TWICE while with me, we have suffered racist comments. Thankfully, he was too young to understand.
All my friends here are QOP. Some to a lesser extent than others. We meet for thirsty Thursdays at a friend's house. Although we have a no politics policy, comments are always made.
'Can't walk two steps in SF without stepping on human shit". "The homeless have taken over and people are fleeing the state in droves".
"So much crime because of the Libs". You get my drift.
There's even a guy who sometimes shows up with a "Don't California my Texas" t-shirt (he claims he's a Libertarian). 
Texas is not horrible and it's more affordable that CA when it comes to buying a house. We have cheaper gas as well. It's unbelievably boring geographically. You'll get hills here, not mountains.
I can't wait for my stars to align so I can go back home to CA. I miss the beach, the mountains, the crazy creative people, and the more tolerant and inclusive people.
