The California economy is NOT improving in spite of optimistic prognostications from Washington and New York. Employment is 250,000 LOWER than it was ten years ago. Food Stamp demand is increasing in the area where I liv (Riverside County) and is higher than any where else in the US.
This is in spite of billions of tax money poured into banks and financial institution, ostensibly to "stimulate" the economy. It appears most of the stimulus money has gone into the stock market, making millions of profits for investors but not doing much for the economy.
The other problem is the price of gasoline. California is a commuter economy. The economy is extremely sensitive to the price of gasoline. A major escalation in price will severely and prevent any economic recovery in California.
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"Man's capacity for justice makes democracy possible; but man's inclination to injustice makes democracy necessary." R.N.
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