California is headed off the cliff; the combination of the hispanic demographic trend along with declining economic base will wreck havoc in the state....
Unless Hispanics’ upward mobility improves, the state risks becoming more polarized economically and more reliant on a large government safety net. But with policies that make it nearly impossible to invest and grow business in the state, California is putting themselves behind the 8-ball.
The saving grace, for California and the US, could be the little noticed trend of 2nd generation hispanics tend to be more conservative than their predecessors, thus state politics could swing more center and more sensible, as 2nd and 3rd generation hispanics gain political power (local, county, and state).
The Californians in the worse situation will be the blacks (again); because they exclusively attach their future to the Democratic Party, they will take the brunt of the coming economic storm, losing ground to the Asian and Hispanics of the state.
Not my analysis, but from Heather McDonald at the very respected City Journal.
http://www.city-journal.org/2012/22_...ographics.html