City of LA Adopts Job Killer Policy
Ben Reznik
In an attempt to appease a well-heeled group of neighbors in Benedict Canyon who want to stop one particular project, the City of Los Angeles has adopted a new interpretation of its municipal code which will result in more than $1 billion worth of construction being delayed into 2013. This equates to the loss of several thousand jobs this year.
For the particulars, read my op-ed column from this week's Los Angeles Business Journal, reprinted with permission below.
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