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John Husing, Ph.D. Economics & Politics, Inc. Chief Economist, IEEP

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Presentation on theme: "John Husing, Ph.D. Economics & Politics, Inc. Chief Economist, IEEP"— Presentation transcript:

1 John Husing, Ph.D. Economics & Politics, Inc. Chief Economist, IEEP
Economic Issues From CA Policies John Husing, Ph.D. Economics & Politics, Inc. Chief Economist, IEEP

2 Poverty

3 Educational Challenge

4 Ethnicity

5 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

6 Median Pay By Sector Jobs Available To Marginally Educated

7 What Sectors Have The Jobs

8 Where Are Jobs By Median Income?

9 What Sectors Are Growing

10 Total Jobs vs. Growing Jobs By Median Pay Group

11 Economic Challenge Policy Clash! 100% Renewables Costs Kill Jobs

12 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 % 90% Source: Different Perspectives For Assigning Weights To Determinants of Health, University of Wisconsin, Public Health Institute, 2010

13 Manufacturing

14 U.S./CA Manufacturing Job Growth

15 Manufacturing Job Growth
Who Needs These Jobs To Grow … Marginally Educated CA Air Resources Board

16 CA Electrical Cost +74.6% +83.5% +135.4%

17 Natural Gas A Bargain

18 Marijuana?

19 Median LA Manufacturing Pay, 2018
$60,239 Who Needs These Jobs To Grow … Marginally Educated

20 Sophisticated Logistics Operations

21 E-Commerce 1.1% 9.1% 15.5%

22 International Trade

23 Port Container Volumes Record Levels

24 Diesel Prices

25 Logistics Job Growth AQMD Indirect Source Rule

26 Median LA Logistics Pay: 2018
$50,537 Who Needs These Jobs To Grow … Marginally Educated

27 Construction

28 Total Home Sales CEQA

29 Price Competition Highest Prices & Gaps In History

30 Marginally Educated Forced To Migrate Inland
Affordability Shares Marginally Educated Forced To Migrate Inland

31 Diesel Prices

32 Construction Job Growth

33 Median LA Construction Pay: 2018
$58,025 Who Needs These Jobs To Grow … Marginally Educated

34 Population Serving & Tourism

35 Population Serving Job Growth

36 Natural Gas A Bargain

37 CA Regular Gas

38 Median LA Pay, 2018 $33,715

39 Inflation Worry 3.6% 2.2%

40 The Poor & Marginally Educated
Who Is Hurt By . . . Higher Gasoline Prices Rising Home Prices Slower Manufacturing Job Growth Slower Logistics Job Growth Higher Prices The Poor & Marginally Educated

41 Those Under Economic Stress
Economic Challenge Policy Clash! Wealthy Advocates Those Under Economic Stress Sacramento’s Leadership No Longer Seem To Care

42 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 % 90% Source: Different Perspectives For Assigning Weights To Determinants of Health, University of Wisconsin, Public Health Institute, 2010

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