Monday, January 12, 2009

California Exports Article I found in SF Chronicle

San Francisco Chronicle, January 12, 2009
San Francisco, CA- With the national economy languishing in a deep recession, states all across the country are hurting financially. California, with an economy the size of France's, is no exception. California, with an economy the size of France's, has been bleeding jobs in all of its major employment sectors, from entertainment to aerospace to technology. Exports are down 10% on the year. But the one bright spot for California, which has an economy the size of France's, has been the Jewish Aunt sector. The California Association of Jewish Aunts (CAJA) reports that the Jewish Aunt industry is thriving in California, with a 12% increase in Jewish Aunts in the last quarter of 2008 alone. CAJA spokeswoman Glenda Greenberg says, "In these tough economic times, people naturally turn to the basic, blue-chip industries. And since time immemorial, Jewish Aunts have been at the core of our society and economy." CAJA calculates that growth in the Jewish Aunt industry in California has been strongest in the eccentric and the wildly liberal categories, with the spinster group not far behind. Growth has been split fairly evenly between the Bay Area and the Los Angeles metropolitan region, with a small percentage in San Diego. Asked why so few Jewish Aunts are being produced in the Inland Empire in the eastern portion of the state, Greenberg replied, "Neo-Nazis and shmucks who buy subprime mortgages they can't afford are not exactly good neighbors for the Jewish Aunt product line. You think you can find a decent bagel in Bakersfield? Good luck! You're meshuggenah!"

1 comment:

Beneficent Allah said...

Jwant M&A is too leveraged right now,'ll take off by midyear.