Wednesday, January 14, 2009
John Steinbeck – in reverse!
The Californian dream is turning sour for increasing numbers of West Coast residents who are abandoning the Golden State and heading east in search of a better life. Those leaving cite the worsening unemployment rate - 8.4 per cent, the third-highest in the nation - high taxes and rents, rampant foreclosure rates yet property prices still out of the reach of many families. Most businesses are shedding jobs - even in the entertainment industry - and with the state grappling a budget gap projected to swell to over 41 billion dollars in 18 months, higher taxes and drastic cuts to public services seem all but inevitable. [NOTE: During the Great Depression, millions of people moved from the midwest to California. Interesting to see the reverse happening. See Steinbeck's The Grapes Of Wrath.]