Walters: Post-pandemic California: Comeback or decline?

Let’s get real.  California is home to criminals protected by DA’s, illegal aliens protected by Democrats in Sacramento and the homeless caused by government policy.  High cost of living blackouts and brownouts, high cost of water—which is in limited supply.  Our schools are racist, totalitarian failures and the colleges are finishing schools for radicals.

“California’s endemic housing shortage worsened, driving rents and home prices ever-higher and eroding the ability of Californians to house themselves and their families.

The state is still hundreds of thousands of jobs short of returning to pre-pandemic employment levels. Our unemployment rate is one of the nation’s highest and our poverty rate, adjusted for the cost of living, is still the highest.”

Only the poor, the very rich and the illegal aliens will make California home—the rest will leave.  Watch for the beginning of January when folks and business flee the State in even larger numbers.  Why?  With the failure of the Recall people realize the former Golden State cannot be saved.

Post-pandemic California: Comeback or decline?

by Dan Walters, CalMatters,  10/17/21  

In summary

Is California making a big comeback from pandemic, as Gov. Gavin Newsom insists, or is it facing decline? New studies frame the issue.

The COVID-19 pandemic has wrought what appear to be permanent social and economic changes and nowhere is that more evident than in California.

Its disproportionate impact has laid bare, and even deepened, its socioeconomic fault lines — particularly ever-widening gaps between a mostly white and Asian overclass and a mostly Black and Latino underclass — that belie its conceits about mobility and inclusion.

Low-income workers in sectors that required physical presence, such as agriculture and logistics, ran a much-greater risk of infection, and many of them lost their jobs altogether. Meanwhile, workers in jobs that could be done remotely via computer safely used home offices and saw their incomes continue.

The state’s clumsy, politics-saturated handling of public education during the pandemic left millions of poor, non-white students to largely fend for themselves while schools serving affluent communities adjusted more adroitly.

California’s endemic housing shortage worsened, driving rents and home prices ever-higher and eroding the ability of Californians to house themselves and their families.

The state is still hundreds of thousands of jobs short of returning to pre-pandemic employment levels. Our unemployment rate is one of the nation’s highest and our poverty rate, adjusted for the cost of living, is still the highest.

These disturbing trends raise a question: Has California reached a plateau and perhaps begun to decline, or is it, as Gov. Gavin Newsom proclaims, making a “comeback” of historic proportions?

A sobering poll of residents of the San Francisco Bay Area, the state’s most important economic engine, frames the issue.

Joint Venture Silicon Valley and the Bay Area News Group commissioned the poll which found widespread dissatisfaction with the region’s economic and social life and an inclination toward going elsewhere.

The poll found that 71% of respondents feel the quality of life in the Bay Area has grown worse over the past five years. A slight majority say they are likely to leave the Bay Area in the next few years, most citing high housing and other living costs and deteriorating quality of life.

Joint Venture president Russell Hancock calls it “a smothering amount of anxiety.”

The Bay Area’s dissatisfaction and pessimism is significant because its residents are overwhelmingly blue politically in a state dominated by the Democratic Party. One would expect to feel such negative vibes in the rural counties that voted to recall Newsom last month, but finding them in the Bay Area should be a political wakeup call.

A new study by Stanford University’s Institute for Economic Policy Research should be another. It delves into the differences between California and its economic and ideological arch-rival, Texas.