Liberal Californians just keep liberalin', ignorant of, or not caring about, the damage they're doing to California's residents and economy:
California’s recent economic success seemingly makes it a compelling “alt-America.” After a severe decline in the Great Recession, the economy has roared back, and since 2010 has outpaced the national average. But if you go back to 2000, metro areas such as Austin, Dallas, Houston, Orlando, Salt Lake City and Phoenix -- all in lower-tax, regulation-light states -- have expanded their employment by twice or more than that in Los Angeles.I used to be proud to tell people I was from California.
Indeed, a closer examination shows that the California “boom” is really about one region, the tech-rich San Francisco Bay Area, with roughly half the state’s job growth recorded there since 2007 even though the region accounts for barely a fifth of the state’s population. Outside the Bay Area, the vast majority of employment gains have been in low-paying retail, hospitality and medical fields. And even in Silicon Valley itself, a large portion of the population, notably Latinos, are downwardly mobile given the loss of manufacturing jobs.
According to the most recent Social Science Research Council report, the state overall suffers the greatest levels of income inequality in the nation (boldface mine--Darren); the Public Policy Institute places the gap well over 10 percent higher than the national average. And though California may be home to some of the wealthiest communities in the nation, accounting for 15 of the 20 wealthiest, its poverty rate, adjusted for cost, is also the highest in the nation (again, boldface mine). Indeed, a recent United Way study found that half of all California Latinos, and some 40 percent of African-Americans, have incomes below the cost of necessities (the “Real Cost Measure”). Among non-citizens, 60 percent of households have incomes below the Real Cost Measure, a figure that stretches to 80 percent below among Latinos.
Update, 1/11/17: New Geography tells us:
Tucked away in the bottom corner of the San Francisco Bay, tech royalty make themselves at home in their silicon castles. Santa Clara County is the wealthiest county in California, and 14th in the nation, boasting an average median household income of $96,310. However, where there are kings, there must be subjects. Despite its affluence, Santa Clara remains one of the most unequal counties in the United States. The combined forces of enormous wage gaps, exorbitant housing prices, and shifts in the regional economy have compounded over recent years, resulting in a shrunken middle class and increased poverty levels.
2 comments:
The Land of Fruits and Nuts
Actually, the proper term is The Cereal State, the Land of Fruits, Flakes and Nuts!" :<)
When I lived there, in San Diego and Orange counties, it was the granola state, (same Fruits, nuts and flakes)
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