Monday, May 11, 2015

Fiorina Describes CA Today

Instapundit Glenn Reynolds quotes Carly Fiorina from her every-politician-writes-one book entitled Rising to the Challenge. She is saying the right things.
California is now the home of 111 billionaires, with assets greater than the entire gross domestic product of all but 24 countries in the world. It’s also home to the highest poverty rate in the country. In between, the middle-class that survives is largely composed of government employees–the very bureaucrats who have milked the middle class of the private economy into virtual extinction.
I'm sure the numbers bear her out. The DrsC were two of those CA government employees, as professors. We lived well and have retired well ... many in the private sector did not, do not and cannot.

Actually, Fiorina echoes an underlying theme of Joel Kotkin's recent book The New Class Conflict, although he defines the group we occupied - what he calls the clerisy - somewhat more broadly to also include media and think tanks.