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thrashh | 2 years ago

Don't know about New York but California has lost plenty of firms over decades. Aerospace used to be all in California, for example.

But California's GDP rises faster than most states and countries in the world so it's probably good the rest of the world gets our hand-me-downs...

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nocoiner|2 years ago

Lots of aerospace is still in California. It’s just not as dominant a component of the Southern California economy since the end of the Cold War.