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California's Vanished Dream, by the Numbers
[Real Clear Investigations] 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, 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." Posted by: Besoeker 2022-04-16 |
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