Monday, May 18, 2015 – 04:30 p.m.
Tonight on the show, Lou is joined by Estimable Economist Jay Prag to get his take on San Bernardino’s exit plan. What affect will their actions have on future investments in the troubled city?
Then, they talk about a $15 minimum wage in Los Angeles. So why is this a terrible idea? Also, the sharing economy has extended to financing. Lou and Jay talk about this interesting economy.
After that, California’s tax revenue is doing just fine. So why do Democrats want to keep high taxes on millionaires? Finally, Lou and Jay end the show with some positive news from the city of San Bernardino.
To listen to the full show, click here.
Follow Lou on Twitter @WiseGuyLou and on Facebook at “The Lou Desmond & Company Show.”