Politics

Los Angeles Downtown Stadium Cloaked in 'Green' Snake Oil

football.jpg

AEG's downtown stadium in Los Angeles isn't just a playground for really big guys or just another site for really rich guys to consume conspicuously in luxury boxes. If you believe the chorus of hype, Farmers Field also grows good jobs, solves the city's debt crisis, transforms downtown Los Angeles into a nicer version of Manhattan, and builds strong bodies eight ways. It may even cure cancer.

But the downtown stadium - if it's built - isn't going to be particularly "green" in ways that matter.  read more »

First Step for California: Admit There's a Problem

california-sunsets.jpg

The October 29, 2009 issue of Time Magazine had an article titled “Why California is America’s Future.”  I sure hope not.  California is fast becoming a post-industrial hell for almost everyone except the gentry class, their best servants, and the public sector.

We only need a few numbers to demonstrate that California is clearly on the wrong track:  read more »

Comparing Perry’s Texas to Romney’s Massachusetts

perry-romney.jpg

Republican primary front-runners Rick Perry and Mitt Romney are each basing a large part of their campaigns on their economic track records. So who is better when it comes to jobs and the economy — Romney or Perry?

Let’s put each of their states under the microscope to see what the data says. In this exercise we will use Analyst, EMSI’s web-based labor market analysis tool, to help us see the ins and outs of the Massachusetts and Texas economies.  read more »

The Demise Of The Luxury City

times-square.jpg

The Republican victory in New York City’s ninth congressional district Sept. 13 — in a special election to replace disgraced Rep. Anthony Weiner — shocked the nation.  But more important, it also could have signaled the end of the idea, propagated by Mayor Michael Bloomberg, of New York’s future as a “luxury product.”  read more »

The Texas Story Is Real

perry-jobs.jpg

Texas Governor Rick Perry entered the Republican presidential nomination race bragging about the job creation record of Texas during his term as his primary pitch to a nation starved for jobs. This triggered a flurry of debate on whether or not Texas is really all Perry claims for it. But while there is certainly nuance in numbers, and Texas doesn't win on every single measure, on the whole it seems indisputable that Texas did very, very well during the 2000s.  read more »

Subjects:

Declining Birthrates, Expanded Bureaucracy: Is U.S. Going European?

baby-flag.jpg

To President Barack Obama and many other Democrats, Europe continues to exercise something of a fatal attraction.  The “European dream” embraced by these politicians — as well as by many pundits, academics and policy analysts — usually consists of an America governed by an expanded bureaucracy, connected by high-speed trains and following a tough green energy policy.

One hopes that the current crisis gripping the E.U. will give even the most devoted Europhiles pause about the wisdom of such mimicry. Yet the deadliest European disease the U.S. must avoid is that of persistent demographic decline.  read more »

The Crisis of the "Gentry Presidency"

obama-progress.jpg

The Obama administration’s belated attempt to address the looming employment crisis — after three years focused largely on reviving Wall Street, redoing health care and creating a “green” economy — reflects not only ineptitude but a deeper crisis of what is best understood as the “gentry presidency.”

Unlike previous Democratic presidents, including John F. Kennedy and Bill Clinton, President Barack Obama’s base primarily lies not with the working and middle classes, who would have demanded effective job action, but with the rising power of the post-industrial castes  read more »

Ground Zero Tolerance: With No Politician Willing to Take Charge, the 9/11 Recovery has Dragged on Far Too Long

groundzero.jpg

This piece originally appeared in the Village Voice.

A decade into its unhappy and unexpectedly long life, Ground Zero has undergone its annual if short-lived transformation from New York politicos' red-headed stepchild to belle of the ball, at least until September 12.  read more »

Obama's Economic Trifecta: How The President Helped Kill Progressivism, Capitalism And Moderation

obama-biden.jpg

President Barack Obama‘s “pivot” on jobs this week shows that the president has finally — if belatedly — acknowledged the real misery caused by the Great Recession. However, it does not shed his complicity in the ever deepening employment crisis. Unemployment remains high, exceeding 9% — 16% if you include part-time workers. The percentage of adults in the workforce is bouncing near a 30-year low.  read more »

The Golden State Is Crumbling

ca-dustbowl.jpg

The recent announcement that California's unemployment again nudged up to 12 percent—second worst in the nation behind its evil twin, Nevada—should have come as a surprise but frankly did not. From the beginning of the recession, the Golden State has been stuck bringing up a humbled nation's rear and seems mired in that less-than-illustrious position.  read more »