Quote:
Originally Posted by JurisDictum
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Our economy is based on speculation, loans, and "intellectual property."
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I agree with this to an overwhelmingly degree
To this rest of you:
California was more prosperous than the center of the country when it was republican and the south and Midwest were way more left on economic issues than they are now. You know this
The Gulf had an agrarian economy. It was never industrialized. Did you learn civil war history? What lost it for the South? ALL of the good officers from the Mexican American war were southern, but the cfnederacy had (and compared to the Great Lakes and coasts) still has little industrial output.
Georgia, Texas, and NC do quite well. South Carolina has tons of industrial output now but is still poorer. Accumulation of wealth over centuries matters and all of you know if you'd stop trolling that I'm right when I say Kansas vs California (or California vs Alabama) has more to do with geography and history than with policy. California hasn't been democratic for very long... it's been pro business even during its democratic periods
Finally, china has an authoritarian socialist government. Look at where all of their prosperity is concentrated. They did it more rapidly but in America, it's the same thing over a longer time. Wealth has always followed trade