Across the country, white voters placed Donald Trump in office by a margin of 21 points over Clinton. Their backing helped the GOP gain control of a vast swath of local offices nationwide. But in California, racial politics are pushing our general politics the other direction, way to the left. read more »
Defenders of California’s status-quo claim to be proud of California’s economic growth and worry about what Trump will do to that growth. If you are so impolite as to mention that this has been California’s slowest recovery in 70 years, as the following chart shows, you will be told that slow growth is good. It avoids the excesses of previous business cycles. read more »
The oligarchs’ ball at Trump Tower revealed one not-so-well-kept secret about the tech moguls: They are more like the new president than they are like you or me.
In what devolved into something of a love fest, Trump embraced the tech elite for their “incredible innovation” and pledged to help them achieve their goals—one of which, of course, is to become even richer. And for all their proud talk about “disruption,” they also know that they will have to accommodate, to some extent, our newly elected disrupter in chief for at least the next four years. read more »
From its inception, the American experiment has been dogged by racial issues. Sadly, this was even truer this year. Eight years after electing the first African-American president, not only are race relations getting worse, according to surveys, but the electorate remains as ethnically divided as in any time of recent history. read more »
The future of American cities can be summed up in five letters: Texas. The metropolitan areas of the Lone Star state are developing rapidly. These cities are offering residents a broad array of choices — from high density communities to those where the population is spread out — and a wealth of opportunities. read more »
Donald Trump’s presidential campaign was based on the notion that he could “Make America Great Again.” But beyond the rhetoric — sometimes lurching into demagoguery — the newly elected president comes to office, as one commentator suggests, “the least policy-savvy president in history.” read more »
I made quite a few trips to San Francisco during the late 90s into the early 2000s, but hadn’t been back in a very long time – probably close to 15 years.
Recently I was there for a conference and a long weekend and got to spend some time exploring the city. I won’t claim a comprehensive review, but I did have a few takeaways to share. read more »
In its decades of unprecedented population growth, California was a land of superlatives. Regrettably, the superlatives have changed from mostly positive to largely negative. For example, the latest Census Bureau Supplemental Poverty Estimates, indicated that California continues to have the highest poverty rate of any state, after adjustment for housing costs (Figure 1). Not even Mississippi can compete with that, sitting 3.6 percentage points lower. read more »
America may have trended toward the GOP, but California seems determined to find its own direction. The only question is, simply, how much more progressive the Golden State will become, even in the face of a far more conservative country beyond the Sierras. read more »
A friend recently expressed an interest in how some cities are reforming their land use regulations. “I mean, there are places like LA that say they’ve thrown out the code books and are rewriting their zoning.” My short response was… No. The reality is that the city plays an expensive and byzantine game of cat and mouse with each individual neighborhood. read more »