Which Way, L.A.?
Student Loans, Campaign Spending and Unemployment
Former eBay CEO Meg Whitman is spending $249 a minute running for Governor. Veteran politicos have never seen anything like it. Also, unemployment has peaked in California. What’s next? On our rebroadcast of To the Point, when the House passed the reconciliation bill Sunday, healthcare wasn’t the only subject. Also included was a massive overhaul of the student-loan program...
By Warren Olney • • 52m ListenThe Green Revolution will produce jobs, but not like the dot-com boom. What about the stimulus package? We get UCLA’s latest forecast for state unemployment. Plus, what about billionaire Meg Whitman’s campaign spending? We talk to awestruck consultants from both political parties. On our rebroadcast of today's To the Point, when the House passed the reconciliation bill Sunday, healthcare wasn’t the only subject. Also included was a massive overhaul of the student-loan program. Republicans call it a government takeover. What will a $60 billion reallocation mean for struggling students?
Banner image: Meg Whitman speaks at the 18th annual Law Enforcement Legislative Day in Sacramento, on Wednesday, March 24. Photo: Eric Draper/Whitman for Governor 2010
In this episode
3 storiesStudent Loans: Does Public Money Need Private Administration?
The big news on Sunday was House passage of healthcare reform and the so-called " reconciliation " bill that now goes to the Senate. Hardly noticed was that "reconciliation" also included the biggest change in the student loan program since 1965.
Read the story27 minUCLA Forecast Predicts Slow Job Growth through 2012
Unemployment in California's at record heights, but it does seem to have leveled off. What's predicted for the next couple of years is a reminder: Economics is the Dismal Science. Jerry Nickelsburg is Senior Economist at the UCLA Anderson Forecast.
Read the story7 minMeg Whitman Shatters Spending Records
The latest polls show that, without a day of political experience, former eBay chief executive Meg Whitman has built an enormous lead over fellow Republican Steve Poizner , and a small one over veteran Democrat Jerry Brown . What is it costing her? Today's Los Angeles Times says $358,500 a day . That's $15,000 an hour or $249 a minute.
Read the story19 min
