“In many ways California’s economy these days resembles a Charles Dickens novel.
The state’s coastal areas are starting to resemble better times. Unemployment rates have plunged and housing prices have skyrocketed faster than anywhere in the country.
But inland areas can’t shake the worst of times. Unemployment remains in double digits. Central Valley farmers recently struggled through a bone-dry spring as state and federal authorities repeatedly cut their water deliveries. And incomes in the inland regions lag coastal parts of California.”
View Article