Supervisor Yaroslavsky said L.A. must live within its means
Zev Yaroslavsky
By: Jeff Biebuyck
The novel, even profound idea of living within ones means seems to be forgotten in this day and age. With our country in $12 trillion in debt and our state not doing much better, L.A. County is actually doing surprisingly well according to our county supervisor. Why? According to Yaroslavsky, when the county was having a financially good year, they didn’t undertake programs that couldn’t be sustained in financially unstable years.
The old adage, save it for a rainy day, seems to be out of fashion. Instead, citizens are getting into financially risky situations and now suffer due to an economic slump. There is a great piece of advice here and it is, “live within your means.”
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