Antonio R. Villaraigosa / Mayor trying to shrink the city's government size

By Antonio R. Villaraigosa

Quite simply, for many years the city of Los Angeles has been spending more money than it takes in. That is unsustainable in the long term, and we have reached the end of the line for quick fixes and one-time solutions.

If we are to get our city back on track to achieving the greatness and promise we all know it holds, we must fix our structural deficit.

The Hard Choices

None of the choices is easy, but we simply cannot continue to provide all of the services we currently do, and we cannot go forward with our city workforce at its current size. We have to protect those services that are vital and get out of those that are not essential — either through public/private partnerships or by eliminating them.

Some of the problems with Big Government

A number of multistory parking structures, thousands of parking meters, numerous golf courses and a zoo. The convention center, the zoo and city-owned golf courses lose a combined $75 million annually.

Words into action

I do not want to — nor can I — sugarcoat this and say this will be easy or avoidable. The 1,000 layoffs I have already ordered are the minimum we will need. More will be needed — the City Council is proposing an additional 3,000 job cuts.

Closing arguments

as difficult as it is for me to lay these hardworking people off, the choices that we must make are for the greater good of our great city and all of its 4 million citizens.

read more @ http://www.latimes.com

Villaraigosa: “I believe community participation in the city’s budget process is essential.” But is the “community” really participating in this process? After going through the site myself, there are definite “Good”, “Bad”, and “Ugly”

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The U.S has double-digit unemployment and the Chinese have currency manipulation that favor its exports to America , thus leaving us with a trade deficit.

The US has accepted – even welcomed – China’s emergence as a giant economic power because American policymakers convinced themselves that economic opening would lead to political liberalisation in China. - ft.com

If that assumption changes, American policy towards China could change with it. Welcoming the rise of a giant Asian economy that is also turning into a liberal democracy is one thing. Sponsoring the rise of a Leninist one-party state, that is America’s only plausible geopolitical rival, is a different proposition. Combine this political disillusionment with double-digit unemployment in the US that is widely blamed on Chinese currency manipulation, and you have the formula for an anti-China backlash. - ft.com

Both Bill Clinton and George W. Bush firmly believe in free trade with China, are you surprised that they would support something that favors large business on the backs of Americas middle class?

We have been all bark with china , never really doing anything of substance. even worse , we are at a point that we have to beg them to keep buying our bonds. we are hostage of our own making.

are you still in favor of free trade with china?

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