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Originally Posted by tysonK
I thought it was the 7th largest? it's around 1.3 trillion
It doesn't really matter.
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- $1.4 Trillion Gross State Product
- Fifth largest economy in the world
- Largest state economy in the U.S.
- State's economy is 13% of GDP
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Originally Posted by dknv
a $30+BILLION budget deficit along with the state's bonds in Junk status. I'm no economy expert but that does not seem to me to be a definition of success.
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The US' deficit is much larger, not to mention our huge debt, and instability. Is the US not successful? The intelligence of the people may build the economy, but they don't manage it.