{"id":11071,"date":"2024-04-03T16:07:29","date_gmt":"2024-04-03T23:07:29","guid":{"rendered":"https:\/\/sandiegonewsdesk.com\/?p=11071"},"modified":"2024-04-03T16:07:29","modified_gmt":"2024-04-03T23:07:29","slug":"in-case-you-missed-it-newsom-has-to-eat-his-words-as-his-economic-predictions-implode","status":"publish","type":"post","link":"https:\/\/sandiegonewsdesk.com\/?p=11071","title":{"rendered":"In Case You Missed It: Newsom has to Eat his Words as his Economic Predictions Implode"},"content":{"rendered":"

California Now Expected to Fall to World\u2019s Sixth Largest Economy, While Governor Newsom Remains out of Touch with Reality.<\/em><\/h1>\n

Today,\u00a0The Sacramento Bee<\/a>\u00a0highlighted a recent report saying California\u2019s economy will fall to the sixth largest in the world, trailing\u00a0behind India. The article points out California\u2019s GDP grew only 2.1% last year, ranking California as 32nd for growth in the United States and below the US average of 2.5%.<\/p>\n

But apparently, all is fine and dandy in Newsom\u2019s pocket universe. He has gone as far as to say:
\n\u2022 \u00a0 \u00a0 \u00a0\u201cCalifornia is a remarkable state,\u00a0on our way to be the fourth largest economy in the world.<\/a>\u00a0Eat your heart out, Germany.\u201d
\n\u2022\u00a0\u00a0 \u00a0 \u201cCalifornia is poised to now become the\u00a04th largest economy<\/a>\u00a0in the WORLD.\u201d
\n\u2022\u00a0\u00a0 \u00a0\u201c[California\u2019s economy] has continued to\u00a0outperform the nation<\/a>.\u201d
\n\u2022\u00a0\u00a0 \u00a0\u201cThis state continues to be the\u00a0temple<\/a>\u00a0of the American economy.\u201d
\n\u2022\u00a0\u00a0 \u00a0\u201c[California had] one of the\u00a0fastest growing economies<\/a>\u00a0anywhere on planet Earth.\u201d
\n\u2022\u00a0\u00a0 \u00a0\u201c[W]e play an outsize role as soon to be the\u00a0fourth largest economy<\/a>\u00a0in the world, closing that gap every day on Germany.\u201d<\/p>\n

This is yet more proof of how disconnected Newsom is from reality.
\nHere are the facts: Capitol Democrats have severely mismanaged California\u2019s economy. While the rest of America is creating jobs, California is losing them. We have the highest unemployment rate in the nation at 5.3%, a $73 billion state budget deficit, and we are losing residents to Texas and Florida in record numbers.<\/p>\n

Newsom and Capitol Democrats squandered away a historically large\u00a0$100 billion surplus two\u00a0years ago, managed to\u00a0blow\u00a0up the state\u2019s deficit, and continue to force\u00a0businesses to flee the state. It\u2019s time to stop the war on California’s economy\u00a0by loosening regulations, cutting taxes, and getting Californians back to work!<\/p>\n","protected":false},"excerpt":{"rendered":"

California Now Expected to Fall to World\u2019s Sixth Largest Economy, While Governor Newsom Remains out of Touch with Reality. Today,\u00a0The Sacramento Bee\u00a0highlighted a recent report saying California\u2019s economy will fall to the sixth largest in the world, trailing\u00a0behind India. The article points out California\u2019s GDP grew only 2.1% last year, ranking California as 32nd for…<\/p>\n","protected":false},"author":3,"featured_media":8034,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-11071","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-releases"],"yoast_head":"\nIn Case You Missed It: Newsom has to Eat his Words as his Economic Predictions Implode - San Diego News Desk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sandiegonewsdesk.com\/?p=11071\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"In Case You Missed It: Newsom has to Eat his Words as his Economic Predictions Implode - San Diego News Desk\" \/>\n<meta property=\"og:description\" content=\"California Now Expected to Fall to World\u2019s Sixth Largest Economy, While Governor Newsom Remains out of Touch with Reality. 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