The myth of California’s economic standing

“ICYMI: California Poised to Become World’s 4th Biggest Economy,” heralded a press release from Gov. Gavin Newsom late last year.
“While critics often say California’s best days are behind us, reality proves otherwise — our economic growth and job gains continue to fuel the nation’s economy,” Newsom said in the announcement. “I feel tremendous pride in California’s resilience, leadership, and our formula for success.”
The point Ne