It’s great to be able to brag that California’s economy is now the sixth largest in the world. Thanks to the latest high-tech boom plus a stronger dollar, we’ve leapfrogged France and Brazil.
But it doesn’t really matter to the vast majority of Californians. There are many other rankings that give a fuller picture about our state – and that Californians feel much more in their daily lives.
▪ California has the nation’s highest real poverty rate, which accounts for cost of living, government assistance and child care, medical and tax expenses. According to the latest census figures, that rate is 23.4 percent, and means that nearly 9 million residents are poor.
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