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Texas Governor Greg Abbott compares his state’s economy to Russia’s

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Greg Abbott
Texas
Governor Greg Abbott speaks at the National Rifle
Association-Institute for Legislative Action Leadership Forum in
Dallas, May 4, 2018.

Sue
Ogrocki/AP


  • Gov. Greg Abbott of Texas boasted about his state’s
    economy by comparing it to Russia.
  • “The Texas economy is even larger than the economy of
    Russia,” Abbott said. “That makes me more powerful than
    Putin!”
  • Texas, with its annual GDP of $1.7 trillion, is ranked
    the 10th-largest economy in the world.
  • California, with its $2.7 trillion GDP, is the world’s
    fifth-largest economy.

Gov. Greg Abbott boasted about Texas’ economy by comparing it to
Russia and joked it made him “more powerful” than Russian
President Vladimir Putin.

“In Texas, we don’t compare our economy to other states,” Abbott
said to a cheering audience. “We compare our economy to other
countries!”

Texas, with its annual GDP of $1.7 trillion, is ranked the

10th-largest economy in the world
.

“By comparison, the Texas economy is larger than Canada, it’s
larger than Australia,” Abbott said. “And get this. The Texas
economy is even larger than the economy of Russia. That makes me
more powerful than Putin!”

Abbott made that assertion at the Toyota Center in Houston on
Monday afternoon before President Donald Trump took the stage at
a campaign rally in support of Republican Sen. Ted Cruz. The
junior senator is running against his Democratic opponent Rep.
Beto O’Rourke in the midterm election.

California, with its $2.7 trillion GDP, is the world’s
fifth-largest economy,
beating the United Kingdom
. California and Texas have been
economic rivals for years — and that rivalry lands at the
intersection of politics, business, and culture, ABC
News noted
in a report published in May.

As for Russia, it has nearly five times as many residents as
Texas, according to
US Global Investors
, but the Texas economy is $400 billion
larger.

For Texans, that equates to a per-capita GDP of $58,000 versus
Russia’s $8,700.

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