Read it and weep, Fox News: [View all]

Who Knew ‘Slick’ Gavin Newsom Was Such an Economic Maestro? - Bloomberg
“Of all the prevailing media narratives around Gavin Newsom, the one that is most conspicuous by its absence is how under its two-term governor California became the top performing economy not just among its 49 siblings but also any developed nation. No wonder Elon Musk quietly sought Newsom’s help when the world’s richest man sought to move a bunch of Tesla Inc. engineers back to the state after relocating them to Texas."

The personalities at Fox News have a very sad case of California Derangement Syndrome. But here are the facts, as outlined by Bloomberg earlier this week.

📈 California’s gross domestic product surged 40% to more than $4 trillion, accounting for more than 14% of US output. This outpaced major economies including China (expanded 32%) and Germany (expanded 16%).

💰 California drove 40%+ of the growth in value of the nation’s publicly traded equities, despite being less than 12% of the entire U.S. population.

🎓 “With more than 600 colleges and universities, California today has no peers in higher education, whether in the US or any of the world's developed economies.”

🏫 California has the highest density in higher education to create a top talent pipeline, with one college or university for every 64,000 citizens, more than the UK and Germany.

👷🏼 California produces more engineers than any other state.

🔬 Innovation, with California making up 62% of all U.S. venture capital funding and 31.5% of all venture capital deals last year. “For context, the runner-up in 2025 was New York with 13.3%. Massachusetts was next, just ahead of Texas — both below 6%."

🩺 “California's uninsured rate declined to a record-low 6.4% in 2023, the largest drop in the US, from more than 17% a decade ago."

🚚 Infrastructure and trade keep the U.S. economy moving due to this administration’s infrastructure investments. California’s Port of Los Angeles is the “US gateway to global trade, handling more than $300 billion of cargo annually.”

Democrats have a great story to tell -- especially in California. And when we go OFFENSE, we WIN.

THANK YOU FOR YOUR ATTENTION TO THIS MATTER!

Gavin Newsom