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California's Vanished Dream, by the Numbers
Venice Beach: A jogger runs past a homeless encampment. California appears to be descending into something resembling modern-day feudalism, the author writes. By Joel Kotkin, RealClearInvestigationsAp
www.realclearinvestigations.com
Even today amid a mounting exodus among those who can afford it, and with its appeal diminished to businesses and newcomers, California, legendary state of American dreams, continues to inspire optimism among progressive boosters.
Laura Tyson: Democrat luminary touts California's policies for creating a more enlightened "market capitalism."
Laura Tyson, the longtime Democratic economist now at the University of California at Berkeley, praises the state for creating “the way forward” to a more enlightened “market capitalism.” Like-minded analysts tout Silicon Valley’s massive wealth generation as evidence of progressivism’s promise. The Los Angeles Times suggested approvingly that the Biden administration’s goal is to “make America California again.” And, despite dark prospects in November’s midterm elections, the President and his party still seem intent on proving it.
But most Californians, according to recent surveys, see things differently. They point to rising poverty and inequality, believe the state is in recession and that it is headed in the wrong direction. Parting with the state’s cheerleaders, the New York Times’ Ezra Klein, a reliable progressive and native Californian, says the Golden State’s failures are “making liberals squirm.”
This Bastion of Blue liberalism is an example of poor Democrat Leadership for decades as the last time it had a GOP legislature was back in the 80's. Supporters can tout the beautiful beaches, mountains, and 5th largest economy IN THE WORLD but all that does is divert from the real results, poverty, homeless, high cost of living, high taxes, poor quality of life, pollution, wage gap and exodus of the people. Too many people living in a bubble oblivious to the reality of what is really happening in the state