Thursday, August 21, 2014

POVERTY: Trends alarm Southern California economists Here are 5 key things you should know about the latest findings

I don't live in CA, but I do live in Houston and homelessness is visible.  I just can't imagine what it's like in LA or Fresno or some other city in CA. Redlands-based economist John Husing issued a dire warning Wednesday, as elected officials from across Southern California pledged to reignite Lyndon Johnson’s war on poverty:
“If we do not solve this problem, we are not going to want to live in Southern California. The communities are going to become unhinged.”

...

Some of the results were alarming, said economist Wallace Walrod, who advises the Orange County Business Council.

They found disparities among the percentage of residents in poverty across counties: 19.1 percent in Los Angeles, 12.9 in Orange and 20.4 in Riverside. But Husing and others said the flow of goods and services is so closely integrated that poverty is a regional, not local, issue.
It looks like the economy is growing so maybe things will improve.  We can hope.

The five things include:  Poverty is rising, a lower percentage are getting high school diplomas, more children are in poverty,  lowest paying jobs are growing the fastest, and finally, there is growth in the industries that don't require degrees yet pay decent wages.

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