California’s economy is really just about the Bay Area and Los Angeles 

When two New York baseball teams, the Dodgers and the Giants, moved west six decades ago, their ancient cross-town rivalry merged into the equally intense – and equally long – competition between Los Angeles and San Francisco for economic, cultural and, of course, political dominance of California.

As the second half of this year’s baseball season began, the Los Angeles Dodgers were sitting on the best record in the major leagues while the San Francisco Giants, despite winning three World Series titles in this decade, had the second worst.

The Giants might not be doing well this year, but the San Francisco Bay Area’s technology-centered economy is, by any measure, red-hot and not only far surpassing the Los Angeles region’s lackluster economic performance but also, in effect, propping up the entire state.

How Los Angeles wound up eating the Bay Area’s dust, at least in economic terms, is a tale of civic and political decisions, demographic circumstance and even global politics. And with the two regions accounting for most of the state’s population and the economic output that makes it a global powerhouse, whether the stark differences widen or narrow will have a huge impact as California meanders further into the 21st century.

Source: A tale of two regions: In California’s economy, North trumps South — for now | CALmatters


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s