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Dan, WSJ is not a reliable source on California. Rupert Murdoch wants to bash California any way he can. One obvious problem with the "statistics" in this video, which is clearly labeled an Opinion piece, is that they don't compare their income distributions to the statewide distribution, and they don't mention how many of these people are retiring on pensions and leaving job centers to live near family in the midwest. Another problem is they claim housing prices are high statewide, but even their own numbers show cheap prices in Fresno for example. There are legitimate points to be made for and against California, but WSJ Opinions on California are a complete waste of time, really negative both in the sense that they're only trying to say bad things and in the sense that by the time you're finished listening you end up knowing less than you did before, i.e. you've been misled.
Dan, WSJ is not a reliable source on California. Rupert Murdoch wants to bash California any way he can.
Fair enough, but wouldn't Murdoch want to portray the rich as the ones leaving?
This state (CA) sucks, the jobs are decent but dont pay a living wage for $1M moldy asbestosy Popsicle stick shacks with crap school districts and terrible stupid zoning and increasing traffic and Marissa Mayer saying we all have to be physically at work like good little soldiers. Anyone coming here is insane. Id rather be poor and spend more time with family than keep doing this black hole suburb of Shanghai Rat Race.
Central Valley stinks, Los Angeles is hell on earth, and San Diego only has jobs in defense and healthcare, otherwise its a very tight market.
The state is a bad proposition, and SFBA is a low standard of living. Very low. Good weather, decent jobs, but bad living.
lower and middle class that's leaving
Is this a bad thing for CA?
Doesn't the state spend most of it's budget on the lower & middle classes
(health, welfare etc)?
Could the state actually balance the budget in future, if this continues?
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And it's the lower and middle class that's leaving...
http://live.wsj.com/video/opinion-why-california-exodus-will-get-worse/7CE1C9E9-FC61-40FB-8028-DC2F78E49996.html