[FoRK] Falling into the ocean, also California "earnings per resident"
jbone at place.org
Sun Jul 6 10:24:10 PDT 2008
On Jul 6, 2008, at 1:36 AM, Stephen D. Williams wrote:
> How much has fallen into the ocean so far?
"Falling into the ocean" is a common euphemism for "every few years a
random and significant shaker happens that severely disrupts or
destroys lives, businesses, and infrastructure." Nobody really thinks
it's going to slide off into the ocean, of course. Nonetheless, it's
a significant enough problem. People who tend to think in the long
term generally don't like to build in California; there's a reason
e.g. Alcor is in Arizona.
Apropos the California economy, I'll merely note that despite the
impressive number of links and the passion with which fans tend to
defend it, it's not so MUCH more impressive than others that it makes
any conclusion about policy a no-brainer. Texas, at number two, has
an gross annual product of around $1.1T; and with 23.5M residents vs.
California's $1.6T (not seeing support for $1.7T) over 36.5M
residents, Texas has a higher per-citizen contribution to its gross
product than California, about $46k to $42k.
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