02-15-2019, 10:18 AM
(02-15-2019, 03:53 AM)TheLeonardLeap Wrote: (This is not a post about ideology and it's effects on GDP, just something I noticed statistically and wanted to comment on.)
The US GDP in 2000 was $10.28t.
The US GDP in 2017 was $18.62t.
A raise of about 81.1%.
The NY GDP in 2000 was ~$1.02t. (9.92% of the national GDP)
The NY GDP in 2017 was ~$1.27t. (6.95% of the national GDP)
A raise of about 24.5%.
That means that NY grew at well less than 1/3rd of the rate of the rest of the US, losing a significant chunk of their national production share. It's still a large economy, and still a decent chunk of the country's amount, but the reality isn't nearly as bright and shiny as that graph you posted.
If everything holds true to their rate from 2000-2017, NY is looking at only being roughly 1% of the national GDP by 2050.
(I threw the ~ on there for NY because I had to roughly guess the last digit.)
Not to mention that the financial center of the country is pretty much headquartered in New York City for reasons far older than today's governing party. You see the same thing in CA with Silicon Valley. You ask any business owner what it's like doing business in CA and you'll get a long winded harangue.
