Brazilification

"Los Angeles County 'has more billionaires than any other part of the country. It's also the capital of the working poor,' said Peter Dreier, chairman of the Urban and Environmental Policy Program at Occidental College.
"That wasn't always the case. A generation ago, the region was a model for the post-World War II, middle-class lifestyle. High-wage manufacturing jobs were abundant, particularly in the aerospace industry. When the industry collapsed in the early 1990s, many middle-class residents left the region. In the meantime, large numbers of immigrants arrived seeking work."

A new demographic study names LA "the most economically segregated region in the country," as reported by the Los Angeles Times.