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Essay / Research Paper Abstract
This 3 page paper considers what the future might hold for California, and argues that it could become a two-tier society, with only the very rich and very poor remaining. Bibliography lists 2 sources.
Page Count:
3 pages (~225 words per page)
File: D0_HVCAFute.rtf
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Unformatted sample text from the term paper:
the largest economies in the world-not in the U.S., but in the world. It also accounts for 14% of the U.S. economy and is a main driver of national economic
progress (Palmeri, Grover and Robson, 2001). Therefore when California slumps, people everywhere feel the strain (Palmeri, Grover and Robson, 2001). While there is still much to feel good about (great
climate, adventurous people), there are also many problems that make California seem less attractive than it once was. The Palmeri article recounts some of the problems in the state in
2000-2001, including the energy crisis that bankrupted PG&E, and notes that it seems typical of the problems California faces (Palmeri, Grove and Robson, 2001). In addition to the PG&E mess,
the Asian financial crisis slowed trade with the state, and job loss resulted (Palmeri, Grove and Robson, 2001). As these authors point out, there are long-term problems in California
that were disguised by steady economic growth (Palmeri, Grove and Robson, 2001). Now that the boom is over and California is stumbling along in this never-ending recession with the rest
of the country, those problems have become apparent; they include a faltering public education system; a controversy over bilingual education; inadequate water; too much road traffic and a lack of
affordable housing (Palmeri, Grove and Robson, 2001). All of the problems are serious but its the last is probably the most visible. Median home prices in San Diego, for
example, are now over $600,000, and they continue to soar (Sizzling housing markets chill, 2006). Lack of affordable housing coupled with a generally high cost of living have combined to
drive a lot of people out of the state; many sources report that a lot of Californians have moved north to Oregon and Washington to find a more affordable lifestyle.
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