Financial Times FT.com

Californian dream turns into nightmare

By Matthew Garrahan in Los Angeles

Published: February 17 2009 19:49 | Last updated: February 17 2009 23:15

In Contra Costa County, a few miles from San Francisco and the millionaires of Silicon Valley, widespread poverty has returned to California.

Buffeted by a housing collapse and a slumping economy, the county of 1m is struggling to cope with a sharp rise in the number of residents seeking welfare assistance.

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