Dan Walters | The Stratification of California’s Economy

Dan Walters | The Stratification of California’s Economy

Forty years ago, I wrote a series of articles for the Sacramento Bee describing major economic, social, cultural and political trends coursing through California. One theme of the series, which later became a book, was the transformation of California from a state with high economic and social mobility to one of relatively rigid classes defined by ethnicity, education, incomes and wealth. I quoted researchers, Leon Bouvier and Philip Martin, who…

California’s high living costs and high poverty sharpen its economic divide

This story was originally published by CalMatters. Sign up for their newsletters. Forty years ago, I wrote a series of 14 articles for the Sacramento Bee describing major economic, social, cultural and political trends coursing through California as the 20th century was drawing to a close. One theme of the series, which later became a […] The post California’s high living costs and high poverty sharpen its economic divide appeared first on Mount…

Affordability gap: Most Americans not making enough to cover basic costs of living

The majority of Americans don't make enough …