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Economtinues ty. 25.6% of all american jobs came from this state in april. in the last two fiscal years, we enjoyedrs $177.7 billion inn operating surpluses. ng sur we re on our way to bepl the fourth largest economy. eat your heart out. german y in the world, numberg one in r&d, venture capital. the longemore scientists, rese, more nobel laureates, more patents emanating in th ouf this state than any other state in america. with all due respect, ford didn t even come close. eat your heart out. texas. california me continues to be the dominant economic engine for themnt, i promise you. so he says florida doesn tria come close. what s your response doe there? well, i d say two things. one, we re t number one inn ne new business formations, even though we re only 60% of 6 the size of california, we have more business formationst of th. we have way less tax, way less debt. way we have one of the lowest tax l and debt burdens in the entire country. we have led amongst all bigince states ....
To california than california is moving to florida. that i don t imagine is in one of your eight slides. let s take another stab at this. in 2021, california had 7.8% of gdp growth in this country. one of the fastest grows economies any where on planet earth. this state continues to be the tent pole of the american economy. 25.6% of all american jobs came from this state in april. in the last two fiscal years, we enjoyed 177.7 billion in operating surpluses. we re on our way to be the fourth largest economy. eat your heart out, germany, in the world. number 1 in r&d, more scientists, nobel laureates, more patents emanating out of this state. florida doesn t come close. eat your heart out, texas. california continues to be the dominate economic engine sean: i promised i d let you give full answers. thank you. sean: now i m going to ....
California califor is moving d to florida. that, i don ont imagine is in sa one of your eight slides. let me take another stab at thisb at. in 2021, california, 7.8% of gdp, gdp growth in this country, one of the fastest growing economies anywhere on planetomies an earth. this state continues to be the temple of the american economtent p they. rican 25.6% of all american jobs camei from this state in april. in the last two fiscal years, we enjoyed hundred and $77.7 billion in operating surpluses l . we re on our way to bear the fourth largest economy. eat your heart out. ea outy in the world, number i one in r&d, venture capital. more scientists, researchers, more nobel laureates, more patents emanatingl out of this state than any other state in america. with all due respectof , fordte doesn t even come close. eat your heart out. texas. california to be the dominant economic engine for the. i promised you before this interview i would let you give full answers. that s a fult u l answ ....
Airline fairs up 25.6%, electricity up nearly 12%, poultry more than 11%, milk up 11%. rent up 8%, fruits and vegetables 2.7%. what s the impact on americans coast to coast? it s dramatic. recent study shows that this is costing the average american $400 a month. that s real money. that is what is seen. inflation despite encouraging talk i suppose from washington, inflation really remains to borrow a phrase from gerald ford public enemy number one and the federal reserve is indicating that interest rates will stay higher even longer than expected. despite all the spending and efforts inflation is far from under control yet. mike: under the biden administration it hit high about 9% or so. it s north of 6% still at this point so higher interest rates obviously that has an impact on our economy, right? ....