“Californians pay the bills for the federal government. We pay over $80 BILLION more in taxes than we get back,” the Democratic governor said in an X post Friday afternoon, referencing a recent analysis from the Rockefeller Institute that California contributed about $83 billion more in federal taxes in 2022 than it received back from Washington.”
So if Newsome cuts off the flow, it’s not just the $83B overage, it’s everything + $83B.
California is, what? 13th largest economy in the world? 11th?
Whoah… 4th. Just ahead of Japan and behind Germany:
I’m too lazy to verify my hunch, but I’m guessing Texas is largely oil (exploiting natural resources), whereas California is largely intellectual output (tech, with some Hollywood and other sundry stuff), though California certainly does exploit its natural resources too (good farming conditions, some oil…).
Newsom is the King of awful neoliberalism. If the tech oligarchs demand fascism we’ll get fascism in California too. You’re not wrong. But Musk has proven himself to be a useless child. That’s not how things would go. The ruling class isn’t that stupid. That’s why Trump kicked him out. Use him as tool? Absolutely. But Musk is basically political poison. But then again, the Democrats have been so incompetent they might actually try to work with him publicly.
“Californians pay the bills for the federal government. We pay over $80 BILLION more in taxes than we get back,” the Democratic governor said in an X post Friday afternoon, referencing a recent analysis from the Rockefeller Institute that California contributed about $83 billion more in federal taxes in 2022 than it received back from Washington.”
So if Newsome cuts off the flow, it’s not just the $83B overage, it’s everything + $83B.
California is, what? 13th largest economy in the world? 11th?
Whoah… 4th. Just ahead of Japan and behind Germany:
https://www.gov.ca.gov/2025/04/23/california-is-now-the-4th-largest-economy-in-the-world/
US and China being #1 and 2.
California, propping up red states since 1970’s…
Texas is the 8th largest economy in the world.
that blew my mind recently.
I’m too lazy to verify my hunch, but I’m guessing Texas is largely oil (exploiting natural resources), whereas California is largely intellectual output (tech, with some Hollywood and other sundry stuff), though California certainly does exploit its natural resources too (good farming conditions, some oil…).
Wine too I bet for California.
Agriculture in general, really.
That jerk is just going to make Musk their fascist king
Newsom is the King of awful neoliberalism. If the tech oligarchs demand fascism we’ll get fascism in California too. You’re not wrong. But Musk has proven himself to be a useless child. That’s not how things would go. The ruling class isn’t that stupid. That’s why Trump kicked him out. Use him as tool? Absolutely. But Musk is basically political poison. But then again, the Democrats have been so incompetent they might actually try to work with him publicly.