On Friday, four speakers spoke at the Central Coast Economic Forecast at the Alex Madonna Expo Center in San Luis Obispo.
The Central Coast Economic Forecast is an annual event designed to help local community members, businesses and non-profits better understand the economy and plan for the future.
One of the four speakers, Dr. Chris Thornberg, focused on the concept of “narrative versus reality” and the California economy.
The message from Dr. Thornberg to the hundreds of people in attendance — the California economy is perfectly fine.
“Don’t blame the economy. It’s the narrative that’s broken,” Thornberg said.
He provided the audience with a new way to look at California’s economy.
“If you want to know the way the economy is going, you have to look at both the narrative and the objective reality. Narratives drive choices, but it’s economic reality that determines the outcome…
