Hacker News new | ask | show | jobs
by recondite 3377 days ago
Don't forget California also has one of the higher population growths rates in the country. There's still no serious long-term plan for how California is going to handle droughts in the future proposed by any lawmakers, and the gridlock between farmers v population centers, norcal v socal will continue.

But we did vote for a $64 billion high-speed rail project that will probably end up costing $100+ when all is said and done. http://www.mercurynews.com/2017/01/13/confidential-report-ca...
1 comments
ac29 3377 days ago
$100B isnt really all that much as compared to California's GSP of $2.5T [0]. The US spent, percentage wise, quite a bit more on the wars in Iraq and Afghanistan: $2.4T [1] out of $18.6T GDP [2].

[0] https://en.wikipedia.org/wiki/Economy_of_California

[1] https://en.wikipedia.org/wiki/Financial_cost_of_the_Iraq_War

[2] https://bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm

link
knowaveragejoe 3376 days ago
GDP isn't the amount of money the government has sitting around to invest, though.
link