The shrinking number of immigrants coming into California means fewer children are born here. That, combined with an oncoming tidal wave of retirees could have serious consequences for the Golden State, according to a new report out this week.
For more on these shifting demographics and what they could mean for the state's financial outlook, we're joined by Stephen Levy, Director of the Center for Continuing Study of the California Economy, an independent research organization which focuses on the long term trends in this state.