America’s $20.5T economy comparing US state GDPs to countries
Source: AEI
Palate cleanser: This analysis compares each individual US state to separate countries (for 2018).
Some of the comparisons are astounding: California has an economy the same size as the United Kingdom; Texas is the same as Canada, and New York the size of Russia.
Big post-Presidential debate question: What will this chart look like after this year? How will the gains and losses of 2020 play out politically? How did the Covid-19 pandemic and lockdown economic impact affect the way people think about the incumbent and the challenger, the party ruling the White House & Senate versus the the party ruling the House?
I have lots of questions, and my own suspicions, but I do not have many answers.
Previously:
The K-Shaped Recovery (September 4, 2020)
Fiscal Response to the Pandemic (August 12, 2020)
Off the Charts (July 31, 2020)
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