There was a time when California was the American Dream. With a $4 trillion GDP, it still remains the unrivalled champion of the American economy.
Yet, what was once a dream for many has transformed into an all-American nightmare. The Californian story now bears the weight of a housing crisis that has plunged millions into poverty, harbouring half of America's unsheltered population. Its' state government faces a deficit in the tens of billions, while its population has seen a decline of tens of thousands since the decade began.
#california #texas #useconomy
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Enjoyed the video?
Subscribe here:
Subscribe to my newsletter!
Follow AltSimplified on Social media:
Facebook:
Twitter:
|
Investors know when a founder is despera...
WSJ auto critic Dan Neil judges Concours...
Pakistan's former Prime Minister Imran K...
Attorney General Todd Blanche won’t pled...
Today, is the Burnham bounce real? And, ...
Stripe claims "the singularity" is here,...
How did a 16-year-old girl with no prior...
Smart phone cameras have been getting be...
Andreessen Horowitz has two partners sit...
Despite what other founders are posting,...