CMC In The News

The Greater Los Angeles Chamber of Commerce has officially released the California Competitiveness report that CMC Prof. Manfred Keil co-authored. Read the press release here and the report here.

In an article in the San Gabriel Valley Tribune, Prof Jack Pitney was interviewed about the quality of bills mattering more than quantity among Congressmembers. “It’s not just the batting average of signed bills, but the significance of the legislation itself. One major reform of veteran benefits is far more important than dozens of bills to rename post offices,” he said.

In response to a question from a Marketplace listener on credit unions, Prof. Angela Vossmeyer said that  data from the National Credit Union Administration shows that six to seven credit unions on average, have entered conservatorship or liquidation annually since 2017. 

Prof. Jack Pitney was quoted in a piece on the debt ceiling debate and the contradiction between the Republican Party’s opposition to the social safety net and the reliance of their own voters on these programs. He stated, “You can’t have the kind of cuts the Republicans are talking about without hurting people, and a lot of those people are going to be Republicans.”

In an opinion piece, Prof. Minxin Pei argued that China and the U.S. cannot afford to prioritize security over the economy due to the interconnectedness and interdependence of global trade and financial systems. He suggested that focusing on economic stability and growth should be a top priority for China in order to maintain the upper hand with the U.S.

Prof. Jack Pitney was quoted in an article on Gov. Gavin Newsom’s challenge to potentially replace Sen. Dianne Feinstein in the Senate. Prof. Pitney explained, “The last thing you want to do if you are thinking about running for president is alienating the nominating wing of the Democratic Party.”

In an article about the U.S. government’s showdown with the debt ceiling, Prof. Jack Pitney said he is optimistic about an agreement being brokered between Republicans and Democrats, but there have been many factors that complicate a path towards a deal.

Prof. Frederick Lynch was mentioned in an article about governors are not requiring a college education for job-seekers. In response to this idea, Lynch has said that removing barriers to jobs is a good idea, but education has provided upward mobility for tens of millions of minorities and women — and many benefits outside of work, such as critical thinking, civic engagement, and healthy behavior.

A report from the Rose Institute of State and Local Government was cited in an article about how Reno’s multifamily market has been heating up over the last decade. The report found that Reno ranked as the third most popular destination for companies moving out of California.

Former President Trump was found liable for sexual abuse and defamation against onetime Elle columnist E. Jean Carroll. In response to the verdict, Prof. Jack Pitney explained that “practically nothing” could undermine Trump with his base. However, he added, “Among general election voters, it is another in a long list of liabilities. Under certain circumstances, he could win, but the case makes his climb a little steeper.”

In an opinion piece, Prof. Manfred Keil, in collaboration with Sasha Rothstein, prompted ChatGPT to read out an economic analysis of the Inland Empire, finding the results were not factually correct. The op-ed then outlined the ‘good,’ ‘bad,’ and ‘ugly’ in the analysis. 

Prof. Rachel Fenning provided context for new research on “Mindfulness” practices, which may help parents of young children with autism manage their daily stressors, benefiting their kids in the process.

In a radio interview with AirTalk’s Larry Mantle, Prof. Jack Pitney talked about the implications of Sen. Dianne Feinstein’s absence from the Senate.

In an opinion piece, Prof. Lily Geismer explained that recent initiatives to increase affordable housing in the suburbs, such as those proposed by New York Governor Kathy Hochul, are important steps towards addressing issues of systemic racism and economic inequality. However, suburban elected officials and residents have been resistant to these types of proposed changes and historically, have had success in stopping them. Prof. Geismer suggested that passing these laws will require state officials to resist the usual suburban campaigns and to enforce the laws consistently to bring about change.

Prof. Jack Pitney provided insight into the current state of the House and how Rep. McCarthy’s leadership will be challenged in the existing environment. Pitney explained, “…there’s a faction of Republicans who are bent on pushing an ideological agenda at the expense of an institution. It does not bode well for future votes on things such as the debt limit. He’s going to have a very difficult time, given how much he owes the hard-liners.”