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"The state of California is in crisis and time has almost run out...The state’s top finance officials warned that unless an emergency austerity plan is agreed by Monday — and there is little chance that it will be — they will not be able to borrow the billions of dollars needed to keep the current government functioning. one in the state, not even its dozens of billionaires, will be unaffected..."
Originally posted by RenDMC
See Cali. should have had a REAL governor rather than Mr Terminator. I mean what's wrong with just having a REAL one that does a REAL job. Instead of this 80's actor???
Great work Arnie, now go back in time and fix it... oh that's right you can't
has a ridiculous record of wasting tax dollars on stupid projects
According to the California Department of Finance, California's gross state product is $1.543 trillion.
According to the Bureau of Economic Analysis, California's gross state product is $1.727 trillion (2006 data, last updated Thursday, June 7, 2007)
The economy of California is often cited for how it would compare to other countries if California were an independent nation. The statistic quoted varies widely (usually placing California between 7th and 10th) depending on the source, but also depending on the year.  The most recent estimates (provided by the CIA's Factbook) put California tenth.
California is the world's fifth largest supplier of food and agriculture commodities. Agriculture accounts for just slightly over 2% of California's $1.55 trillion gross state product. Airborne exports of perishable fruits and vegetables amounted to approximately $685 million in 2007. By way of comparison, California exported more agricultural products by air that year than 23 other states did by all modes of transport.
According to the California Department of Food and Agriculture, "California agriculture is nearly a $36.6 billion dollar industry that generates $100 billion in related economic activity." The state’s agricultural sales first exceeded $30 billion 2004, making it more than twice the size of any other state's agriculture industry.
California is the leading dairy state. Milk is California's number one farm commodity. California's dairy industry generated $47 billion "in economic activity" in 2004 and employed over 400,000 people