It’s up to the city to soften the blow of runaway incomes and housing prices so the city doesn’t, in a sense, lose its identity as a progressive and diverse place — that’s part of what makes San Francisco successful.
In a way, Colorado was by virtue of its older economy a more equal place than the rest of the United States. But it's just picked up in droves these elements of the national economy and it's now more like a caricature of the United States in terms of the imbalance between the high end and the low end—where the high end is disproportionately employing highly educated whites and the low is probably employing disproportionately, less educated Latinos and African Americans.
I think this is probably the nation's wealthiest region overall, and that wealth supports an array of public and private services that are in many ways a lot better than what poorer parts of the country can enjoy. But it also means it's an unequal region. We have a lot of landscapers and a lot of child care workers, people whose livelihood depend on the people on the high end.
Much of the growth in unemployment during the Great Recession was thus concentrated among less-skilled, lower-income, disproportionately minority individuals. It may take some time before the U.S. economy can generate job and wage growth sufficient to connect very low-income families to work, and eventually pull them out of poverty.