A new poll by the Public Policy Institute of California showed that 55 percent of Californians are convinced their part of the state is in a recession. The mind-set is even gloomier in the Bay Area, where 73 percent of the residents say there’s a recession going on and 26 percent say the situation is serious.
Yes, it’s serious — I’m surprised the number saying so is only 26 percent. Signs everywhere on buildings for lease, amazingly light traffic on formerly congested routes, airline flights at substantially less than full occupancy, etc.
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