Here’s a cheat sheet to keep track of Thursday’s debate between the Florida and California governors.
Employment: Since January 2019, employment has increased by 1,031,030 in Florida while declining by 85,438 in California. Amid Mr. Newsom’s prolonged Covid lockdowns, businesses and workers moved to places with a lower tax burden and cost of living. Florida’s population is 22.2 million and rising, while California’s is 39 million and falling.
Unemployment: Despite a shrinking labor force, California’s 4.8% jobless rate is the second highest in the country and nearly twice as high as Florida’s (2.8%). California has paid $48.7 billion in unemployment benefits since January 2019—nine times as much as Florida. One reason for the disparity: Fewer Californians are starting businesses.
Taxes and spending: State and local taxes in California add up to $10,167 per capita versus $5,406 in Florida. Higher taxes drive more spending. California spent about $14,755 per capita (including federal dollars) in 2021 compared to $8,816 in Florida.
Deficit: Despite its higher taxes, California boasted a $31.5 billion budget shortfall in May while Florida ran a $17.7 billion surplus. Personal income tax collections in California for the current fiscal year that started in July are running about $20 billion below Sacramento’s projections, auguring another large deficit.
Student learning: California spends about 45% more per pupil on K-12 education than Florida, but its student test scores are significantly lower, according to the National Assessment of Educational Progress. Only 30% of fourth-graders in California rated proficient in math last year compared to 41% in Florida. California’s prolonged pandemic school shutdowns magnified learning loss.
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