Thursday, September 15, 2011

The Crisis of the "Gentry Presidency" : Obama's Elitist World

New Geography reports:
California, an epicenter of the gentry economy, suffers the second-worst unemployment and lowest new business formation rates among all the states. Illinois lost more jobs in August than any other state. The bluest places — New York City and California — also tend to be the most unequal — and places where the middle class is fleeing.

Whatever the failings of ungentrified Texas — ranging from a too-tattered social safety net and too many low-paying jobs — the rate of employment growth, including the high-tech sector, dwarfs that of key blue states, including California. Denizens of California, New York and other Obama bastions are voting for the Lone Star state with their feet.
Obama really doesn't reflect middle class values.