CA Hispanics to Outnumber Whites by End of Year

There will be more Hispanics than whites in California by the end of 2013.

According to figures revealed in California Gov. Jerry Brown's 2013-14 budget proposal, the number of Hispanics will be equal to the number of whites by July of this year--39% of Californians will be Hispanic and 39% will be white then. By the end of the year, the number of Hispanics will outnumber whites.

In addition, the report found that 80% of Hispanics in California are younger than 50, compared to only 73 percent of whites. 

The report notes that "as many in the non-Hispanic white population retire, they will be replaced by a more diverse workforce.”

Hispanics made up 12 percent of the electorate in 1998. In 2012, though, they represented 20% of the electorate. 

Political analysts in California believe that unless Republicans win more of the Hispanic vote, it will be "almost impossible" for the GOP to gain a majority in the state. In 2012, nearly 72% of Hispanics in California voted to reelect President Barack Obama.


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The past several months have seen the price of gold slump even as the Fed and other central banks have accelerated their massive expansion of paper money. Gold is off about 20% so far this year with silver down almost 30%. The old adage--“don’t fight the Fed”--particularly comes to mind now because the US equity markets have been setting new highs during this same period. All of these gains are nominal, you understand, but for terrified American policy makers and investors, nominal is just fine.

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