Mercury Rising 鳯女

Politics, life, and other things that matter

Has Twilight Come To The Sun Belt?

Posted by Phoenix Woman on May 31, 2009

For large chunks thereof, especially California, Nevada, Arizona, and Florida, the answer may well be ‘yes’. Arizona and Nevada in particular are pretty much bubble states that went hog-wild during the housing bubble and didn’t bother to build up their local industries, schools or even their rainy-day funds. (It doesn’t help that these states have been fighting with their bigger neighbor California for decades concerning water rights.)

Meanwhile, East Coast cities like New York — cities with a multiplicity of industries and jobs sectors, as well as excellent mass transit systems that free people from needing cars to do the simplest tasks — are poised to ride out the recession much better than those places whose main wealth seems to have been based on a housing bubble that’s been popped.

One Response to “Has Twilight Come To The Sun Belt?”

  1. MEC said

    As a life-long resident of the Rust Belt, I remember the “Let ’em freeze in the dark” bumper stickers. Oh, the irony.

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