How the US Economy has affected Stockton

The video discusses Stockton, CA, as a reflection of America's economic fluctuations. Once thriving, Stockton was hit hard by the subprime crisis, leading to a housing market collapse and high unemployment. The city became known for its high foreclosure rates, with many residents facing financial hardship. Despite political promises, little change has been seen, and residents express concern over economic policies and future debt. The video highlights the search for accountability among banks, businesses, and politicians.

What event caused the housing bubble in Stockton to burst?

• A natural disaster

• The subprime mortgage crisis

• A sudden increase in population

• Government intervention

What is Stockton, CA, known for in recent years?

• Being a tech hub

• Having the highest employment rate

• Being the foreclosure capital

• Having the most expensive real estate

What is the unemployment situation in the San Joaquin Valley?

• Unemployment is not a significant issue

• It has the highest unemployment rate in California

• It has an average unemployment rate

• It has the lowest unemployment rate in California

What has been the public's reaction to political promises in Stockton?

• They are indifferent to political actions

• They are satisfied with the changes

• They feel there has been significant improvement

• They are concerned about the lack of change

Who are the people of Stockton blaming for the economic issues?

• Banks and politicians

• Environmental activists

• Foreign investors

• Local businesses