To: dragnet2
No, not really. Look at the growth rate in California. It's slowing and what industries are left are lower and lower paying. Frankly, the situation is VERY similar to that of Michigan, New York, et al. You're going to find that CA's economy, such as it is, is based on high land values, etc., more than anything else.
Silicon Valley firms are relocating to Nevada and New Mexico. The banks are heading to North Carolina. Film industry is going to Canada. Agriculture is still there, but how much does that pay? Aerospace is going to Texas and Florida.
Need I go on?
64 posted on
07/12/2009 10:44:32 AM PDT by
OCCASparky
(Steely-Eyed Killer of the Deep)
To: OCCASparky
No, not really. Look at the growth rate in California. Well of course, the >*entire*< economy has slowed down..From Cal to Florida...
67 posted on
07/12/2009 3:13:18 PM PDT by
dragnet2
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson