We all “know” that businesses flee liberal states because of how much liberals hate “makers.” And we all “know” that only republicans create jobs and economic success. So with those “facts” in mind, read this:
As of the close of U.S. stock trading on Monday, the five biggest companies in the world by market value were all U.S. tech companies, according to Bloomberg data. This tech sweep of the market's top rungs didn't happen during the heights of the dot-com bubble in 2000 and hasn't happened since. (Tech companies have previously taken the top four spots, briefly.)
The companies were Apple, Alphabet (Google), Microsoft, Amazon and Facebook.
Apple, Google and Facebook share traffic issues just outside of San Francisco California.
Microsoft and Amazon are rivals for parking space in Seattle Washington.
Two states on the left coast full of hippies and high taxes. Apparently is is somehow possible to create wealth in these liberal hells.
By way of very rough comparison, Texas based Dell computers was taken private in 2013 in a deal valued at $25billion, or what Apple calls “pocket lint.” Apple has somewhere between $200 and $250 BILLION cash on hand. Oh and they pay a dividend that beats 30 year TBills. I know because Im an Apple shareholder and I get my dividends every quarter.
More significantly, these numbers point to the importance of education. Turning ideas into money takes education. We need an educated population if we are going to continue to lead the world economy.