Villaraigosa's hand-out mentality

The mayor lays it out perfectly this morning in Washington (he's there for the U.S. Conference of Mayors' meeting). From the LAT:

"Yeah, we've got to cut spending. It's out of control," the mayor told reporters Wednesday at a breakfast sponsored by the Christian Science Monitor. "But we've also got to make investments. Nobody stops you on the street and says, 'What are you doing about the deficit and the debt? People ask you, 'How are you going to help me get a job?' "

Help me get a job? The implication is that Washington can somehow create jobs out of whole-cloth, when in fact the best thing Washington can do is create a better economic climate. That means making life a little easier for those out of work (jobless benefits and the like) and, aside from any clear and present emergency (intervention on behalf of the auto industry is a good example), staying away from the economic heavy lifting. But Villaraigosa and folks of similar perspective really believe that the federal government not only has the power but the obligation to butt in, whether it's cranking out make-work programs or offering up a bunch of poorly conceived tax incentives. I don't even think it's an act - they truly believe that this is the way to get it done. Their faulty calculus is almost as distressing as the no-new-tax mantra we hear from the right.


More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent Economy stories:
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Exit interview with Port of L.A.'s executive director
L.A. developers relying on foreign investors bend a few rules
Holiday shopping: On your marks, get set... spend!

New at LA Observed
On the Media Page
Go to Media

On the Politics Page
Go to Politics
Arts and culture

Sign up for daily email from LA Observed

Enter your email address:

Delivered by FeedBurner


Advertisement
Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
LA Observed on Twitter and Facebook