The trial of six Italian seismologists and a government official for
manslaughter due to their failure to provide warnings of a devastating
earthquake after a series of smaller ones has sent a tremor throughout the
world’s scientific and political communities.
For all the condemnation being heaped on the Italian prosecutors, they might be
on to something in holding the scientists and government officials accountable
for “negligence and imprudence” for telling the public they had nothing to
fear. who have failed, lied and misled us throughout
the recession are still playing games instead of doing the hard work of finding
Maybe the Italians got it right and it’s time hold some economists and
government officials here accountable and put them on trial for their
failure to provide warnings about the recession that started in October
2007, their ineffectiveness in dealing with economic collapse and their
raising of false hopes that recovery was just around the corner.
It may not be manslaughter, but a lot of people sure have been hurt and a lot of people are still in pain.
Economic Roundtable, headed by economist Daniel Flaming, issued a
report last week that shows just how much worse the recession’s toll is
in Los Angeles County and California than the rest of the nation, and
who has felt the greatest impact.
Here are some of the key findings:
Workers with B.A. degrees are much harder hit by the recession in Los Angeles County than in the rest of the U.S.
The unemployment rate in L.A. is 80% higher than in the rest of the U.S.