DYSPEPSIA GENERATION

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Over the past two decades, a net 3.4 million people have moved out of California for other states. But contrary to conservative lore, there has been no millionaires’ march to Texas or other states with no income tax. In fact, since 2005 California has experienced a net in-migration of households earning more than $200,000, according to the U.S. Census’s American Community Survey.

As it happens, most of California’s outward-bound migrants are low- to middle-income, with relatively little education: those typically employed in agriculture, construction, manufacturing, hospitality and to some extent natural-resource extraction. Their median household income is about $40,000—two-thirds of the statewide median—and about 95% earn less than $80,000. Only one in 10 has a college degree, compared with 30% of California’s population. Roughly 40% of the people leaving are Hispanic.

What happens when an area is left with only the Upper Crust and the Lower Crust, the middle having moved away? Looks like we’re about to find out.

This entry was posted on Wednesday, March 6th, 2013 at 04:28 and is filed under Dystopia Watch. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.