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The California Paradox: if Immigration Creates Wealth, Why is California Poor?
National Economics Editorial ^ | February 12, 2018 | Spencer P Morrison

Posted on 02/19/2018 10:41:32 AM PST by LibertyFound

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To: CharlesMartelsGhost

You remind me of a picture captioned “In the event of a zombie apocalypse” showing a guy standing on top of a car, surrounded by hordes of zombies. Back in the crowd of zombies, one is circled in red and labeled, this would be you. LOL


61 posted on 02/19/2018 12:21:21 PM PST by sparklite2 (See more at Sparklite Times)
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To: editor-surveyor

I can prove it, and I’d put money on it that you’re wrong. You game? Put up or shut up


62 posted on 02/19/2018 12:21:42 PM PST by dragnet2 (Diversion and evasion are tools of deceit)
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To: LibertyFound

Wealth ... for politicians


63 posted on 02/19/2018 12:21:47 PM PST by clamper1797 (We are getting close to the last "box")
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To: AlexisHeavyMetal1981
I grew up on the border too and people were people

I remember hearing the girls behind me talking about some hilarious sitcom called All In The Family so I thought I better check it out

Literally did not understand a word of it.

Things were much better than then

Then came Chicano Power and La Raza

64 posted on 02/19/2018 12:22:23 PM PST by rdcbn
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To: Mariner

India has more people in the middle class than Vermomt, for whatever that’s worth


65 posted on 02/19/2018 12:24:41 PM PST by RonnG ( v)
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To: LibertyFound

The Bible says, “If any would not work, neither should he eat.” (IIThessalonians 3:10). Sloth is a sin.


66 posted on 02/19/2018 12:30:22 PM PST by txrefugee
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To: dragnet2

116 Del Alba Street, San Pablo

To be listed at $499K

Zillow est $516K

There are a number under $500,000 but at a quick glance this was one of the nicer.

67 posted on 02/19/2018 12:33:09 PM PST by Fightin Whitey
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To: Fightin Whitey
The poster said; "You can’t buy any house that cheap (500k) in northern CA, even in San Pablo.

There are probably 1000 homes for sale in N.CA for much less at this time.

68 posted on 02/19/2018 12:38:53 PM PST by dragnet2 (Diversion and evasion are tools of deceit)
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To: Fightin Whitey

I’d bet the rent that ain’t no home, but a condo...Or civilian barracks, as I call them.


69 posted on 02/19/2018 12:39:58 PM PST by dragnet2 (Diversion and evasion are tools of deceit)
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To: editor-surveyor

A wealth of different views and information about the once great state of California. I think the bottom line is that California as a state will eventually be unsustainable and will need to be broken apart and/or Federally taken over as the country of Greece has by the EU.


70 posted on 02/19/2018 12:41:57 PM PST by shanover (...To disarm the people is the best and most effectual way to enslave them.-S.Adams)
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To: exDemMom

“For CA to be on a par with the national average, another 8% of the population would have to be lifted out of poverty.”

Well, CA leads the nation by $10k per year in real, median household income. Half above, half below.

CA also leads the nation in per capita income.

And both gaps are accelerating, YoY for the last 3 years.

And that’s with the highest total and percentage of “poor” AND welfare recipients.

That 8% you cling to is made up on the top end.

Now, don’t get me wrong and think I’m an advocate for the commies that run the state. Everything they do is wrong.

CA is this rich IN SPITE of them.

Will there be a reckoning one day? I have no doubt.

But it’s not here yet.

How’s that for math and deductive reasoning? Did YOUR school teach either?


71 posted on 02/19/2018 12:56:33 PM PST by Mariner (War Criminal #18)
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To: Little Pig

In my neighborhood there are still bidding wars that drive up the price of homes, often 5-10% above asking price.

Home are RARELY on the market more than two weeks.

The affluence I refer to is median household income which is $10k above the nation. And that with 1/3 of the nation’s welfare population.


72 posted on 02/19/2018 1:00:19 PM PST by Mariner (War Criminal #18)
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To: LibertyFound

“This begs the question: how did the Golden State become America’s poverty capital?”

It does not “beg the question”. To beg the question is a classic logical fallacy, meaning to assume an answer to a question and to reason from that unproven answer.

What the author means is that it brings up the question. Too many people think that using the phrase “beg the question” sounds all intellectual.


73 posted on 02/19/2018 1:17:46 PM PST by HartleyMBaldwin
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To: dragnet2
You could be right, it is pretty large.

Though ad said call the realtor, please don't disturb the owner.

And there were a number of 1,000 to 1,200 sq feet single- level homes at that price.

$467K, 1,000 sq.ft...Crazy!

74 posted on 02/19/2018 1:28:00 PM PST by Fightin Whitey
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To: Fightin Whitey
No, I'm talking way less than 500k...Like this beauty for $190K

There are lot of home in N.CA for way under 500k.

https://www.realtor.com/realestateandhomes-detail/3514-E-Keswick-Dam-Rd_Redding_CA_96003_M24282-68488

75 posted on 02/19/2018 1:37:20 PM PST by dragnet2 (Diversion and evasion are tools of deceit)
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To: dragnet2
Sleep in the car port and tear the house down?

lol

76 posted on 02/19/2018 1:39:08 PM PST by Fightin Whitey
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To: Fightin Whitey

It’s what 190k buys in CA. And people buy them bacause they can’t afford half a million dollars for a roof.


77 posted on 02/19/2018 2:15:25 PM PST by dragnet2 (Diversion and evasion are tools of deceit)
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To: fr_freak

Ye, the weather is a significant factor in the growth of homeless in CA, especially Southern CA.


78 posted on 02/19/2018 4:02:23 PM PST by luvbach1 (I hope Trump runs roughshod over the inevitable obstuctionists, Dems, progs, libs, or RINOs!)
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To: dragnet2

.
I have clients that scan the listings multiple times per day looking for a fixer-upper they can tie up with a downpayment of $50k or less.

When they find one they pull my string to get a plat that they can use to get a building permit ASAP.

The pickings are getting very thin. The stock is just not out there anymore. I used to do about three of them a week 10 years ago; now its more like one every other week, if that much.
.


79 posted on 02/19/2018 4:54:25 PM PST by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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To: luvbach1

.
In Contra Costa county, the homeless are down to just the hard core mental cases, due to the Trump economic surge.
.


80 posted on 02/19/2018 4:57:46 PM PST by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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