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Friday, December 30, 2011

Villaraigosa's Massive Fees On Shippers Are Killing Our Port

As I predicted over three years ago, and again last year, Villaraigosa's decision to impose over a billion dollars of fees on port customers to fund his "green trucks" program -- which did nothing more than create PR for him at others' expense -- has cost our port business and our city jobs.

The AP quotes an economist as saying business could drop 25%.

This is what happens when you elect people who care only about their political careers, and not about the public interest.

And, much as I'd love you have you think I'm a super genius for predicting this, anyone with a "C" or better in Econ 101 could have told you this would happen:  as the price of a good or service increases, the demand for same decreases.

This City needs leaders who not only understand economics, but who will put the public interest first. 

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