Show me a state that doesn't have large swaths of ****.
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1.)Why do you think having the largest economy on a downward trajectory while also growing in debt every year is better than having the 2nd largest economy in the country generating revenue as opposed to debt?
2.) The Nathan guy didn't present evidence... I could create the same thing and leave the formula for how he did it a mystery. Furthermore, you're saying it's "desirability" that is why it's more expensive... Nathan's graph doesn't show that or imply that.
I agree "desirability" does play a key role when discussing the value of a property. But if you think that is why a 1500 square foot home in Compton cost more than a brand new 2000 square foot home on an acre of land, then you are ignoring literally every other variable there is.
As for my original statement you quoted in reference to someone saying states with Democratic policies don't work, your response is that "California has a larger economy" ignoring that Texas is the 2nd biggest (beating NY and all other Democrat states) while NOT being in debt and while being on a significant increase while California (and many other Democrat states) are on a downward trajectory in terms of growth. Not to mention, NY is also in debt... I showed you a link of the debt and the correlation between blue states and debt, do you acknowledge that correlation or refute it?
This discussion reminds me of Yellowstone. Do you watch it? Kevin Costner doesn't want the Native Americans to build a casino along his fence because it'll increase his property taxes to an unsustainable level.
Which part? I grew up in Houston and I'm never going back. Now I live in the outskirts of Dallas, away from the city but close enough that I can commute to work when I need to. I will admit I love the weather in California, but I wouldn't want to live there considering everything else.
If I won the lottery, I'd live in Montana or Colorado.
I’m not ignoring every other variable of property value, I’m saying when you eliminate all those variables the house in Compton is still worth more than your acre in Amarillo, and there’s a reason for that.
If you’re not content with that one source, here’s several others:
https://www.bea.gov/sites/default/fi.../rpp1220_0.pdf
https://en.m.wikipedia.org/wiki/List...ersonal_income
https://www.google.com/amp/s/amp.usa.../amp/113348964
I acknowledge the correlation, but it’s not this smoking gun. Brag about your lack of debt. California’s economy is still bigger. If you want to argue Texas’ economy is more sustainable, go ahead. You cannot argue Democratic policies don’t work in terms of economic production. They absolutely can.
Of course the house in Compton is worth more money... I don't think you understand what I'm saying if you think I'm saying otherwise. I'm saying the REASON for that isn't because it's more desirable.
https://www.usnews.com/news/best-sta...nkings/economy
They will tell you how they came up with their rankings. The size of the state's GDP isn't one of them. You can't use the size of a state's GDP to prove the economy is better than another state's economy. That was my other point.
I think debt is an absolutely vital component to economics... don't you? I argue that Democratic policies are not sustainable because you can't go infinitely into debt. It's not like AOC says, "Just write a check" to pay for everything everyone needs. If only it were that simple.
I get what you're saying, you're saying it's more expensive for other factors than it's desirability. I'm saying get rid of all those other factors and people would still rather pay more money for a house in Compton than an Acre in Odessa...
As for your link:
A. It's measuring Best states for economy and not best economy, which is a slightly different thing.
B. Texas is 9th in that measure and California is 10th, so you can't even claim that Texas' is some better economy even by that model
C. 3 of the top 5 states are Democratic, so going back to the original point, yes Democratic policies most certainly can work.
Debt isn't great but it's not an automatic prognostication of failure. In fact, our entire monetary model relies on debt, so a little debt is actually vital. The US is in enormous debt and I've listened for 20 years about how that debt is going to harm us. My question is: when? At what point will the debt destroy us as is claimed?
Naw, Massachusetts is a purple state. I could argue 3 of the top 5 states are Red. :laugh2:
That's a good question. I don't know when, but at some point, someone has to pay the piper. Last I read, China wasn't too far behind us in GDP and their Debt is like 1/3 of ours. It's not a good thing, and I know some is necessary. Inflation is currently becoming an issue and concern for many right now. Fiscally, this is just about the only part I can see eye-to-eye with some Republicans (though I hate corporate welfare which they are in favor of... that's another discussion).
It'd be a dumb argument to make. The last time Massachusetts voted for a Republican President was 1984.
Also, while we're debating which side produces the states with the top economies, we are very much ignoring which side produces the states with the bottom economies:
https://www.businessinsider.com/stat...8-2#4-texas-48
https://www.usnews.com/news/best-sta...nkings/economy
Of which the vast majority are conservative states.