Alcohol is a 'Catastrophe' for California
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A new study claims that one person dies every hour in California because of alcohol. The total economic cost is $38 billion, 90% due to violent crimes. Traffic accidents account for just 20%. We hear some surprising statistics and get a response from LA County's number one public health official. Also, California's mortgage-default rate has hit a record.
Alcohol and Foreclosures in California ()
One person dies every hour in this state from alcohol use. The total economic cost is $38 billion. That's $1,000 a year per resident with much of it paid by taxpayers, according to a new study by the Marin Institute, which calls itself an industry watchdog.
Foreclosures and Notices of Default ()
A record number of California homeowners defaulted in mortgages last year: 118,020 statewide, and that's up 125% from last year. In Merced County located in the northern San Joaquin Valley, one in 20 homes are being lost to foreclosure.
- Jack Kyser: Chief Economist, LA Economic Development Corporation
- Dave Hill: Business editor at the Modesto Bee
Which Way L.A.? is made possible in part by the Ralph M. Parsons Foundation, the Nathan Cummings Foundation, and the John Randolph Haynes and Dora Haynes Foundation, which supports study and research into policy issues of the Los Angeles region.
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