California rivals U.K. as 5th largest economy in the world.
President Trump has been giving press conferences on how jobs are going out of the country and how deregulating would be better for the economy, If that was the case jobs would stay in the country and not close shop and move overseas. California is the largest economy of the United States and the only reason why America has had real GDP growth since the 2008 recession and much of its comes from California's Laws that promotes clean energy, government accountability and protection for undocumented people.
Gov. Jerry Brown has said that California's success compared to other states is immigration and the influx of skilled labor from countries and the open and tolerate atmosphere which brings immigrants to the state and contributing to the growth of the economy.
California's borrowing costs is 0.15 lower than the national average for states and has declined just to 0.24 percent points more than the U.S. pays on its debt down from 1.97 percent points since 2013
No other state has laws that discourage fossil fuels and carbon and promotes the use of clean energy than California. The excellent energy policies and voter preferences is paying off in a big way.
California is leading the way of creating electric cars by the year 2025. Companies and State Representatives want to make at least half of all the cars in the state to be electric in order to bring down fuel emissions and 100s of the fortune 500 companies are all operating in the state to bring about this green revolution.
The United States can learn from California especially on how regulation and creating government accountability and being an open society can help fix the ailing the economy of the rest of the country. When there is no regulation and government accountability corporations and companies pretty can get away with anything and the ones paying the bill is the American Taxpayer.
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