
I can still remember clearly how difficult it was to live in a place, where getting ahead in life was like being on a greased incline slip n slide no matter what career I was in.
The old saying was California was the place to be, maybe back in the 70’s when the first tech boom was in full swing. I can remember that my father attended night tech school in the late 60’s to become a computer programmer in the 70’s working on a Punch card machine. By 1972 he bought our brand new 4 bedroom 3 bath house in the burbs of the south bay (San Jose) for $36,000. Not a bad price for a track home in an area where many apricot and prune orchards were losing ground to the influx of everyone coming to work in the tech industry, many years before the second coming of it (dot com boom). Quite odd being in the 1950’s when agricultural commerce was the predominant economy in Santa Clara Valley and mostly over the entire state.
According to Wiki California, currently the main things driving their economy are Entertainment (Hollywood), Agriculture (central valley), Winery’s (Napa valley) and the tech industry (silicon Valley). With the second round of the tech boom passing and slowing to a crawl, there isn’t much driving California’s economy any more, and not to mention the central valley agriculture has slimmed due to the housing boom not long ago gobbling up space to grow crops. What’s next the Napa Valley?
Coming back from Cali visiting family over the holidays was quite awakening. I could not believe how many more new strip malls being built in the Sacramento Valley, that are exactly the same 5 to 10 miles apart. The list goes on, Walmart, Kholes, Home Depot, In and Out, Mcdonalds, Burger King, Target, Sams Club, Safeway, Krispy Creme, Chevy’s, Chilis…. Here is a overhead view of one such location.
Sometimes I have to pinch myself as to how good I have it here in terms of the selection of places to shop and eat owned by local business people.
It’s odd to me that no one even realizes while living there the overload of people reproducing like there is no tomorrow, populating and consuming while stopping up all the major freeways. I have an ole saying about California, everyone’s in a hurry to get in line for everything. It boggles me why everyone loves that place so much. I lived there for most of my life and can’t get over how blind I was growing up there as to what things cost everywhere else in the country.
Housing prices not long ago were so over bloated there because everyone was flipping houses to the point of no return.
According to many reports and a more in depth story from business week , California is ultimately broke and everyone is leaving like wildfire.
How can this be with so many people packed into one state that has high sales tax. I remember 8.5 in San Francisco. For the life of me I can’t figure this out but maybe this article will shed some light on it.
http://www.businessweek.com/ap/financialnews/D95LQ9Q00.htm