California was made famous as a prosperous paradise.
But most citizens in the “Golden State” know what’s under the glamourous Hollywood veneer.
And it turns out one of the most glamorous locales in America is hiding one huge dirty secret.
Thanks to massive amounts of financial mismanagement, what should be one of the richest states in America has the highest poverty rate in the nation.
Even before Democrats shut down California during the COVID-19 pandemic, California had the nation’s highest poverty rate with about 15% of its residents falling below the poverty line and another 16.4% close to the poverty line.
That means about 13.6 million Californians were already in trouble before Democrats decided to shut down the economy in 2020 – a move that caused nearly a third of California restaurants to close down.
Now, with inflation causing the price of food and consumer goods to spike, more Californians in the middle class may well slip into poverty.
The cost of living in San Francisco is so high that $117,400 is considered “low income” for a family of four.
And the worst news comes from the housing sector.
Insanely expensive real estate has been the main driver behind rising poverty rates in California.
Currently, construction crews are building about half of the 180,000 new dwelling units needed in the state each year.
Ongoing scarcity is only going to make the problem worse by pushing housing prices higher.
Along with the highest poverty rate, California is also leading a pack of blue states with the highest unemployment rate in the nation at 6.5%.
Sadly, rather than embracing freedom and giving their citizens opportunities to build what they need to lead prosperous lives, California lawmakers are busy burdening their citizens with even more regulations.
Governor Gavin Newsom’s 2022-2023 budget includes a $2.1 billion “climate resilience package.”
It seems the poorest families in California would probably rather have affordable housing rather than having electric car charging ports installed in their neighborhoods while environmentalists agonize over how to build “zero emission buildings.”
No doubt Newsom’s “climate” spending will also include plenty of money for regulators who will be busy discouraging businesses from doing work in the state that would help employ Californians who desperately need work – including higher paying jobs.
Newsom’s heavy-handed pandemic shut-down policies already convinced one of the richest entrepreneurs to sell his home in California and move Tesla’s headquarters to Texas.
For all the lip service Democrats give to the plight of the poor, they sure are working hard to make life as awful as possible in blue states.
Stay tuned to Blue State Blues for any updates to this ongoing story.