The most important news recently to hit Southern California did not involve the heinous Donald Sterling, but Toyota’s decision to pull its U.S. headquarters out of the Los Angeles region in favor of greater Dallas. This is part of an ongoing process of disinvestment in the L.A. region, particularly among industrially related companies, that could presage a further weakening of the state’s middle class economy. read more »
This is the executive summary from a new report, America’s Emerging Housing Crisis, published by National Community Renaissance, and authored by Joel Kotkin and Wendell Cox. Download the report and the supplement report below.
From the earliest settlement of the country, Americans have looked at their homes and apartments as critical elements of their own aspirations for a better life. In good times, when construction is strong, the opportunities for better, more spacious and congenial housing—whether for buyers or renters—tends to increase. But in harsher conditions, when there has been less new construction, people have been forced to accept overcrowded, overpriced and less desirable accommodations. read more »
Southern California, once the center of one of the world's most vibrant business communities, has seen its economic leadership become largely rudderless. Business interests have been losing power for decades, as organized labor, ethnic politicians, green activists, intrusive planners, crony developers and local NIMBYs have slowly supplanted the leaders of major corporations and industries, whose postures have become, at best, defensive. read more »
The New York Times ran a Timothy Egan editorial on California on March 6. The essay entitled Jerry Brown's Revenge was reverential towards our venerable Governor. It did, however, fall short of declaring Brown a miracle worker, as the Rolling Stone did last August. These and other articles are part of an adoring press's celebratory spasm occasioned by the facts that California has a budget surplus and has had a run of strong job growth. read more »
California and Germany may not immediately come to mind as a doppelganger, but they do share several characteristics, particularly when it comes to their attitudes toward energy production and consumption.
Both “States” have large populations which seem to agree that the world will be a better place if renewable sources of energy are given precedence over hydrocarbon based options in powering their economies. read more »
David Jarman of Daily Kos Elections provides an excellent analysis of the absolute change in the Democratic and Republican vote for president from the 1988 through the 2012 elections, together with valuable tables and maps. read more »
The recent decision by Occidental Petroleum to move its headquarters to Houston from Los Angeles, where it was founded over a half-century ago, confirms the futility and delusion embodied in California's ultragreen energy policies. By embracing solar and wind as preferred sources of generating power, the state promotes an ever-widening gap between its declining middle- and working-class populations and a smaller, self-satisfied group of environmental campaigners and their corporate backers. read more »
Back in the 1960s, and for well into the 1980s, California stood at the cutting edge of youth culture, the place where trends started and young people clustered. “The California teen, a white, middle-class version of the American dream” raised in a world of “suburbs, cars, and beaches,” notes historian Kirse Granat May, literally shaped the national image of youth, from the Beach Boys and Barbie to Gidget. read more »
Despite planning efforts to restrict it, the Bay Area continues to disperse. For decades, nearly all population and employment growth in the San Jose-San Francisco Combined Statistical Area has been in the suburbs, rather than in the core cities of San Francisco and Oakland. The CSA (Note) is composed of seven adjacent metropolitan areas (San Francisco, San Jose, Santa Cruz, Santa Rosa, Vallejo, Napa, and Stockton). A similar expansion also occurred in the New York CSA. read more »
California's economy may be on the mend, but prospects for continued growth are severely constrained by the increasing obsolescence of the state's basic infrastructure. Once an unquestioned leader in constructing new roads, water systems, power generation and building our human capital, California is relentlessly slipping behind other states, including some with much lower tax and regulatory burdens.
The indications of California's incipient senility can be found in a host of reports, including a recent one from the American Society of Civil Engineers, which gave the state a “C” grade. read more »