By Doug Porter
A report by the University of Southern California’s Program for Environmental and Regional Equity (PERE) says long term prospects for San Diego’s economy are challenged by widespread inequality.
I could dazzle you with charts and figures (and there are plenty in the report), but here’s the bottom line: the way public policy is and has been made in San Diego benefits a few at the expense of the many. Trading short term greed for long term growth would be better for the overall economy and the environment.
The authors of the report point to metropolitan areas around the country where public and private entities have opted to work together on economic and environmental issues and are building platforms for sustainable growth. They also point to emerging data demonstrating that “greater economic and racial equality in regions corresponds with more robust growth in terms of employment, output, productivity, and per-capita income.” [Read more…]