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MI VIEWPOINTS thumbnail CA Infrastructure

California's Infrastructure Convergence: Aligning Development and Human Capital Investments

Dec 07, 2015
Publisher: Milken Institute

California’s dynamic and evolving economy depends on the careful upkeep and long-term investment in our state’s infrastructure. Physical infrastructure — our highways, waterways, energy grid and public facilities — are an indispensable component of our economy, but by themselves they are insufficient to generate enduring economic growth. For that, California also needs to strengthen its human-capital infrastructure — education and workforce training — and also ensure that workers have access to affordable housing close to job centers. Without the right education and training, California workers won’t be qualified for secure, high-paying jobs. Without affordable housing, more and more Californians will be forced to make a difficult choice: accept grueling commutes from the outskirts of metropolitan areas or move to states where housing costs less.