The Underbelly of California
by, 22-Jul-2011 at 02:26 (337 Views)
So here' the basic problem for California as I see it :
- Northern California is not doing too badly (especially around Silicon Valley)
- However, it is attached to southern California, which is falling to the ground!
- The thing that joins the two is the State government, which is in incredibly poor shape
- Yes, California is indeed usually ahead of the nation, but this applies also to bad things, like ...
*a dysfunctional political system where you need 60% of the votes to get anything done ...
*so, nothing gets done, budgets are made almost a year after they are supposed to start!!!
- get used to it - the U.S. Senate is not any better these days either!
(compare to like Oregon)
So California will not be as good a place as I had hoped for - though northern California will be much better than southern.
Lets hope the economy REALLY starts improving in late 2012.