The Real Gap Between Rich and Poor

One of the more interesting things about Joel Kotkin's The Blue-State Meltdown and the Collapse of the Chicago Model is that he identifies the real gap between the rich and the poor.  According to Kotkin it is the result of two key blue state economic principles.  First is 'the relentless expansion of public sector employment and political power.'  The second key blue economic principle says that there is 'ever expanding high-end “creative economy”' that will pay for it all.

And what do you get?

'The Great Delusion and Its Blue-State Victims

This elite strategy has served to bifurcate most blue states into an affluent core and a rapidly declining periphery. For example, California, a state whose shift from red to blue has given some heft to “progressives” everywhere, has experienced an increasing gap between a small sliver of wealthy metropolitan residents along the coast and an increasingly marginalized interior populated largely by middle- and working-class Hispanics.'

 Don't hold your breath waiting for the mainstream press to begin reporting on the concentration of wealth among the elite.  Well, they are the elite actually.  Definitely part of the "creative economy."  All you have to do is listen to their Obama coverage.