Victoria Defrancesco Soto: Latinos were the hardest hit by the recession, but Latina single moms and their families, were dealt the hardest blow. Will this blow shape the political preferences of Latina single moms come November.
Andrea Christina Nill: Gordon described a “perfect storm” consisting of three factors. First, the elimination of the Fairness Doctrine radicalized the political discourse. Second, beefed up border security along the California and Texas borders with Mexico redirected smugglers and cartel operatives toward Arizona. And lastly, the economic recession. Gordon explains that “politicians who love their job a lot more than they love their state or their country” exploited the three factors and led Arizona into the predicament it’s in now.
Andrea Christina Nill: A study by Manuel Pastor of the University of Southern California found that immigration reform would increase California’s “state and local tax base by about $350 million in the short run.” A separate study by Raul Hinojosa of the University of California, Los Angeles similarly found that immigration reform which includes a path legalization could generate at least $1.5 trillion in added U.S. gross domestic product over 10 years.
Maria Elena Durazo and Maria Brenes: Sadly, the promise of economic and social mobility via our public educational system is going unfulfilled for the children of poor and working class parents in the City of Los Angeles. The Los Angeles Unified District (LAUSD) whose student body is over 70% Latino and 11% African American must focus on stopping the drop-out crisis and addressing the lack of student preparation for college and the 21st century workforce.
The public doesn’t know what’s going on because the national media would rather report on the sexual escapades of famous people or social trends or high finance (a recent Pew study of economic reporting shows the vast majority of stories about the Great Recession have focused on Wall Street rather than Main Street).
Franklin Delano Roosevelt declared that the test of our nation was “not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little.” California Governor Arnold Schwarzenegger might be married to a Kennedy but his governing philosophy is pure George W. Bush […]
In a word: No. The plan doesn’t stop stop bankers from making huge, risky bets with other peoples’ money. It does increase capital requirements and oversight, but it doesn’t require bankers to take their pay in long-term stock options or warrants, and it doesn’t even hint that banks should go back to being partnerships instead […]
It’s the kind of thing I expect to hear from deficit hawks and chicken littles — from the self-described “fiscally responsible” right, from the scolds Ross Perot and Pete Peterson, from my former cabinet colleague Bob Rubin. But yesterday I was shown slides developed by the putatively liberal Center for American Progress intended to make […]
One of the first things President Barack Obama did as our nation’s Chief Executive was to urge Congress to pass, then sign, the American Recovery & Reinvestment Act (ARRA), better known as the nation’s “economic stimulus” package. The $787 billion bill, the largest taxpayer footed bill ever passed, was viewed as the primary vehicle to […]