Which Way, L.A.?
Cutting with Axes, Not Scalpels, at the Los Angeles Times
Just when you thought state finances couldn't get worse, the lame-duck legislature's been called back into session the day after next week's election. Tax increases and cuts in education spending are some of what's on the table. At Sam Zell's Los Angeles Times, 10% of the remaining editorial staff has been cut. We hear what that means for an informed public. Also, London's Financial Times takes a look at what's good about Los Angeles and what's not.
By Warren Olney • • 30m ListenJust when you thought state finances couldn't get worse, the lame-duck legislature's been called back into session the day after next week's election. Tax increases and cuts in education spending are some of what's on the table. At Sam Zell's Los Angeles Times, 10% of the remaining editorial staff has been cut. We hear what that means for an informed public. Also, London's Financial Times finds Los Angeles a place of amazing riches that's afraid to spend money.
In this episode
3 storiesBudget Crisis, Part II: They Will Be Back
On Wednesday of next week, the lame-duck legislature will be back in session to reopen this year's budget, admittedly balanced with smoke and mirrors. The revenue shortfall could be $10 billion. Dan Walters is a syndicated columnist for the Sacramento Bee .
Read the story9 minCutting with an Axe, Not a Scalpel, at the LA Times
When the Chicago Tribune bought the Los Angeles Times, the editorial staff was 1200 strong. Now, under Sam Zell, it's at 660.
Read the story8 minA British Bloke in the City of Angels
Los Angeles is the creative capital of America, the biggest manufacturing center in the US with the biggest port complex in the western hemisphere. Some 140 nationalities live here, raising money, making films and doing business. But one of the world's richest cities, the home of many billionaires, is afraid to spend money.
Read the story7 min
