December 2014
A Tale of Two Cities
Watching bargaining with the City of L.A. earlier this month, I felt like I was trapped in a Charles Dickens novel. That’s because Los Angeles is becoming a Tale of Two Cities. In the first, workers sacrifice to help the city thrive and wind up being punished for it. In the second, the big banks that broke the economy and top City of L.A. executives get rewarded. In the first L.A., city workers stepped up and helped bail out the city in the wake of the 2007 Wall Street crash, losing 5,000 positions.