Tag "middle class"

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Middle class squeezed in Bay Area

Driven by shifting economics, demographics, and changing definitions of moderate prosperity, middle class Californians in areas once rife with new arrivals — and dominated by Democratic voters — have begun looking for the residential exits.  Statewide struggle Both the Bay Area

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CA middle class fleeing to lower-cost states

New data has brought a new urgency to the souring fortunes of California’s middle class. “Not only are Californians leaving the state in large numbers, but the people heading for the exits are disproportionately middle class working families — the demographic backbone of

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Silicon Valley’s vanishing middle class

When you read the biographies of Steve Jobs, Steve Wozniak and other early Silicon Valley entrepreneurs, one thing to note is their middle-class origins. Jobs’ father, Paul, was a mechanic and carpenter. Wozniak’s father was an engineer. They went to

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State of the Union won’t help shrinking CA middle class

California is a place where middle-class jobs are vanishing faster than a politician’s word of honor. But it’s not surprising President Obama discussed this problem in last night’s State of the Union Address. His solution has three parts: 1. Raise

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CA middle-class jobs shrinking

Life is good in California for the rich, who enjoy the most beautiful place on earth. And for the poor, who enjoy the country’s best welfare benefits. Not so much for the middle class. The Times reported: On the surface,

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Need to create middle-class CA jobs matters more than minimum wage

Economic conservatives seem wary over the attempts by Democrats at just about every level of government to focus on the minimum wage. But should they be? It provides an easy way to broaden the debate from how the poor are

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China surging

China's growth dropped from 12 percent in 2010 to “only” 7.5 percent during the second quarter of 2012. Now China is surging again, with growth of 7.8 percent in the quarter — and rising. The Wall Street Journal reported, “On a

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Middle class can’t afford CA

Politicians of both parties like to boast how they work for the “middle class.” Well, there isn’t much of a middle class left in California, at least along the coastal areas. According to data provided by Trulia, the three least

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Middle class rises in Mexico — declines in U.S.

As I have noted, in the United States, there has been no “economic recovery,” and the American middle class is shrinking. But Mexico is booming, with a growing middle class. The latest from ABC News/Univision: “A new study on Mexico helps

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It’s official: California now a Third World republic 16

Nov. 18, 2012 By John Seiler Dan Walters writes: “About a quarter-century ago, I wrote a book about California’s social, economic, demographic and political evolution and quoted a couple of academics as predicting ‘the possible emerging of a two-tier economy.’

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