Joel Kotkin has written about the the need for the Central Valley to declare them selves an Enterprise Zone, enabling them to escape the rules established by the costal oligarchs which can afford higher energy prices. A wealthy gentry has created pubic policies that are exacerbating the refeudalization of California.
Nevada County is not in the Central Valley, but we are affected by the decline of the Middle Class. These are the tourist that come to spend a weekend in Nevada County.
. . . the middle class, the social and economic linchpin of the state, continues to decline, with a far more dramatic drop in state households earning $35,000 to $75,000, according to research from the California Lutheran University forecast project, than the national average. As late as the 1980s, the Golden State was about as egalitarian as the rest of the country, and roughly 60 percent of its population was middle class. But now, for the first time in decades, the middle class is a minority in California.
I recommend that you read the full article HERE, as
many Californians face a future as modern-day land serfs, renting and paying someone else’s mortgage. If they choose to start a family, they increasingly look to settle elsewhere, ironically, some to locations like Oklahoma and Texas, places that historically sent eager migrants to the Golden State, whose appeal combined economic opportunity, its milder climate and spectacular scenery.
The scenery does not count much when a person does not have food and shelter for their families. Nevada County’s economy is being impacted by the actions of the wealth elites on the coast that are prescribing how we live and work. When will we say enough!