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Sunny California has been taking a beating lately on our 2011 Forbes cities lists. Stockton took first place as the Most Miserable City for the second time in three years, and four Golden State metros ranked high on our Most Toxic Cities list. Alas, California also claims the top spots on our newest list: Cities Where The Economy May Get Worse. Riverside ranked No. 1 thanks to a high unemployment rate (13.9%) coupled with weak job growth, a hefty number of mortgage loans 90 days or more delinquent (8.21% of all loans) and a projected migration pattern that finds 4,000 residents expected to leave the area this year.
Other Golden State metros on the list: Stockton at No. 2, Los Angeles at No. 4, Bakersfield at No. 5, San Francisco at No. 6 and Sacramento at No. 7. All of these cities have double-digit unemployment rates and paltry job growth projections. All except LA have housing markets in which prices continue to decline or remain stagnant.
Great! More West Coast people moving east. Please leave that "laid back" crap in Cali.
All Californians aren't bad, some of them leave because they're tired about taxes and high cost of living, some of them didn't vote for tax-and-spend politicians.
All Californians aren't bad, some of them leave because they're tired about taxes and high cost of living, some of them didn't vote for tax-and-spend politicians.
No doubt. It has to be very frustrating to be anywhere near center/right and live out there. I am from New England and I have to say California and New England have to be the most beautiful places on earth with some of the worst politicians to be found.
Location: northern Vermont - previously NM, WA, & MA
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Quote:
Originally Posted by NCOriolesfan
No doubt. It has to be very frustrating to be anywhere near center/right and live out there. I am from New England and I have to say California and New England have to be the most beautiful places on earth with some of the worst politicians to be found.
Ugghh, don't turn this thread into a west coast vendetta and politcal pity party, you have a habbit of doing that. BTW New England has some of the strongest economic growth right now, so much for your political theories. http://www.boston.com/Boston/businessupdates/2011/06/mass-economy-growth-fourth-the-nation/N7cxgTDNJyhbKlBCgj67aI/index.html?p1=News_links (broken link)
Politicians in Texas, Oklahoma, Kentucky, and Ohio just to name a few are equally as bad. Just about everywhere it boils down to the haves and the have nots.
Ugghh, don't turn this thread into a west coast vendetta and politcal pity party, you have a habbit of doing that. BTW New England has some of the strongest economic growth right now, so much for your political theories. Mass. economy’s growth fourth in the nation (http://www.boston.com/Boston/businessupdates/2011/06/mass-economy-growth-fourth-the-nation/N7cxgTDNJyhbKlBCgj67aI/index.html?p1=News_links - broken link)
Politicians in Texas, Oklahoma, Kentucky, and Ohio just to name a few are equally as bad. Just about everywhere it boils down to the haves and the have nots.
Yeah but Texas politicians know economics, so I'm ok about them
All Californians aren't bad, some of them leave because they're tired about taxes and high cost of living, some of them didn't vote for tax-and-spend politicians.
You have enough problems in Texas where I dont even know how you have time to worry about California. But I appreciate your concern.
The difference between California and Texas is that CA has tax-and-spend-politicians while Texas has spend-but-don't-tax-politicians.
You do know that Texas just had to make horrific cuts to education and human services to close a $25 Billion deficit, dont you? And that all indications point to a terrible scenario for schools and an even worse future for the poor, elderly and sick.
And that's another difference between CA and TX. California's leaders would rather take on debt and be harangued by the media than deny food for the hungry, medicine for the sick, care for the elderly and education for those who can't afford it.
And I support them 100%.
And it all comes down to greed imo. There is a faction of the political spectrum that loves to talk a good talk when it comes to Christianity, but at the same time, cries foul at the mention of any taxation to help others. Anyone else find that to be the peak of hypocrisy? They are wolves in sheeps clothing if you ask me.(This does not pertain solely to TX btw as every state has people like that).
And its easy to compile some ridiculous and oversimplified ranking picking on California, the state that suffered the most during the housing meltdown-which led to 2 Million jobs being lost.
In fact, despite the long, drawn our recession, California's economy declined for the first and only time in 2009(just like Texas whose economy shrank by 1.5%) when it declined by 2.1%.
Otherwise, in 2010, 2008, 2007 and so forth, our economy has grown despite any setbacks and that speaks to the reslience of our state and national economy.
Great! More West Coast people moving east. Please leave that "laid back" crap in Cali.
The east coast could use a bit more of a laid-back mentality.
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