News
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
view the rest of the comments
Iirc, California is like the 5th largest economy in the world. Secession sounds like a great way to crash the US economy.
The only reason some states aren't considered third-world is because of the federal system, a fact they so often forget.
Like Vermont ranked at 147th as the lowest GDP state? Or Wyoming at 141?
That's not compassion to talk about other states like they are mooching off of others but condescension, and we wonder why they are upset. Everybody benefits from the federal budget and the things that make us 3rd world like lack of healthcare and low pay is felt by all types of states.
You know what is wild?
The US is the largest economy on the world, and if you remove California from it at #4 the US moves to....
#1 still. Several states make up the top 25 list of GDPs and the total combined is absurd.
The US is just massive in scale. It's fully running the global empire still even if it's waning. I do think losing California would be a massive hit for lots of reasons but just wild to think about.
GDP does not indicate how big an economy is, it measures how many dollars trade hands in it.
So there are two things about this:
One is that the reason the US GDP is so high is because of price and wage inflation in the service industry that makes up most of it. And I mean white-collar services like software devs, management consultants, doctors and lawyers and the like. It's a lot of made up money that goes nowhere, you pay a US software engineer twice as much as someone in the EU just for them to have less disposable income PPP than someone in the EU as that extra money ends up with landlords, banks and insurance companies. It's a shell game that boosts figures.
Two, that shell game is held up by everyone trusting the dollar. Trump is eroding that precise trust, and a Calexit would be another hit to that. Do you know how much the US owes? It doesn't matter as long as the dollar is king, and I would not have bet against the dollar last year, but it seems like Trump is betting against it and winning. And when everyone is convinced Wall Street is not a safe haven for your money because Trump will just steal it, then that premium on the US GDP will just evaporate, along with a sizeable chunk of the world economy.
Here's hoping the world lets the US down gently for its own sake.
Yes.
Seriously get paid double and actually have less than a worker in another country since we have to pay for each single piece of life separately at retail prices.
And 2... Yeesh yeah. Literally stocks just keep going up cause the value of the dollar is lowering and nobody knows where to put it to keep it safe other than the stock market... And it does feel like it's gonna get robbed at some point.
So agreed, just think it's wild that there is enough money hoarding and spending in any state in the US to beat out lots of countries for GDP and sets the US as the battery that powers the global economy at our pain. I do hope we just drain the battery rather than light it on fire.
Fourth largest, Texas is eighth.
And a lot of it is tech that can leave state if it needed to
Shutting off the American food supply is the bigger play
Yeah if California secedes, fruits, nuts, and vegetables would get a whole lot more expensive for the rest of the country... something like half of our produce comes from California.
To that I say:
Don’t worry, we are already on track for that.