What’s next for Los Angeles? Angelenos can’t catch a break. Dangerous winds are expected to bear down on Southern California, putting homes and businesses from Ventura to San Diego County on high alert even as wildfires still rage around Los Angeles. The cost of rebuilding once the fires are finally out is sure to be enormous.
But officials will face huge pressure on where to prioritize spending to get the economy back on its feet. Gov. Gavin Newsom has signed an executive order to speed up reconstruction of homes and safeguard against price gouging.
But hard questions remain about the future of more ambitious endeavors. For example, will the city be able to meet its obligation to host the 2028 Summer Olympics? Or next year’s World Cup events? Hosting the Olympics is more costly. LA28, the private organizing group behind the Games, has set a budget of roughly 7 billion. Taxpayers would be on the hook for any cost overruns.
That kind of obligation has prompted some, including conservative commentator Charlie Kirk, to call on Los Angeles to bow out now.
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