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Explore economic challenges in California and measures to uplift the poor to the middle class. Address job creation, small business competitiveness, and sector analysis. Analyze the impact of renewables, poverty as a public health issue, and economic policy clashes.
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Economic Issues From CA Policies John Husing, Ph.D. Economics & Politics, Inc. Chief Economist, IEEP
Economic Challenges • Ensuring Policies Do Not Discriminate Against The Poor • Moving People From Poverty To Middle Class • Creating Jobs Moving Marginally Educate To Middle Class • Ensuring Small Business Job Engine Can Compete
Median Pay By Sector Jobs Available To Marginally Educated
Economic Challenge Policy Clash! 100% Renewables Costs Kill Jobs
Poverty A Public Health Issue • Socio-Economics (Poverty, Lack of Jobs) 40% • Population’s Behaviors Related To Poverty 30% • Access to Medical Care An Issue for the Poor 20% • Environmental 10% 90% Source: Different Perspectives For Assigning Weights To Determinants of Health, University of Wisconsin, Public Health Institute, 2010
Manufacturing Job Growth Who Needs These Jobs To Grow … Marginally Educated CA Air Resources Board
CA Electrical Cost +74.6% +83.5% +135.4%
Median LA Manufacturing Pay, 2018 $60,239 Who Needs These Jobs To Grow … Marginally Educated
E-Commerce 1.1% 9.1% 15.5%
Logistics Job Growth AQMD Indirect Source Rule
Median LA Logistics Pay: 2018 $50,537 Who Needs These Jobs To Grow … Marginally Educated
Total Home Sales CEQA
Price Competition Highest Prices & Gaps In History
Affordability Shares Marginally Educated Forced To Migrate Inland
Median LA Construction Pay: 2018 $58,025 Who Needs These Jobs To Grow … Marginally Educated
Median LA Pay, 2018 $33,715
Inflation Worry 3.6% 2.2%
Who Is Hurt By . . . Higher Gasoline Prices Rising Home Prices Slower Manufacturing Job Growth Slower Logistics Job Growth Higher Prices The Poor & Marginally Educated
Economic Challenge Policy Clash! Sacramento’s Leadership No Longer Seem To Care Those Under Economic Stress Wealthy Advocates
Poverty A Public Health Issue • Socio-Economics (Poverty, Lack of Jobs) 40% • Population’s Behaviors Related To Poverty 30% • Access to Medical Care An Issue for the Poor 20% • Environmental 10% 90% Source: Different Perspectives For Assigning Weights To Determinants of Health, University of Wisconsin, Public Health Institute, 2010