Re:America has two economies, and they’re diverging fast
by austincheney on Saturday September 21, 2019 @05:55PM
(#21038146)
California is bleeding, on average over the past 10 years, 60,000 people per year to Texas and that number is growing. California's total population continues to climb though (Texas is growing faster still though by about 2.5x). At the same time it appears Texas GDP per capita is growing twice as fast as California and will surpass California before the next census.
None of the data present, in either the article or the comments, align with Texas or California. Together those two are about 20.6% of the total US population. While there probably is a growing divergence exactly as the article claims it appears the described cause of that divergence is completely out of alignment with what the article claims.
https://en.wikipedia.org/wiki/List_of_U.S._states_by_GDP_per...
https://en.wikipedia.org/wiki/List_of_states_and_territories...
Re:America has two economies, and they’re diverging fast
by metajon on Saturday September 21, 2019 @11:14AM
(#21035835)
Would (say high net-worth) people moving from blue to red states upon retiring match "become less productive in the process" scenario? This seems like a likely case (moving on retirement), but I'd suspect if this is true that there are some less affluent families that are moving to red states in order to "do more with less" which also seems likely to me.
Blue states losing the "best and brightest" to red states would tend to reduce disparity, which is not what actually seems to be happening. If blue-to-red migration drives increasing disparity, it means that the loss to the blue state is less than the gain to the red state. Either those migrants became less productive in the process, or they were a net drag all along. Was that the point you meant to make?