Daily Business Report: Tuesday, May 27, 2025
America’s Military, Not America’s Politicians, are the Real Public Servants
By Katy Grimes | California Globe
Politicians love to refer to themselves as public servants, despite the outrageous perks and entitlements they vote for themselves, or just take.
America’s real public servants are members of the greatest military in the world.
And what better time as we observe Memorial Day 2025, to remember that Memorial Day honors those who lost their lives while serving the United States during peacetime and during wartime. Memorial Day is not a celebration, and nor was it created to commemorate 3-days of retail blowout sales, but a solemn day to reflect on veterans and military personnel who are deceased.
On Memorial Day 1982, President Ronald Reagan spoke at Arlington National Cemetery about the importance of patriotism, heroism, and freedom:
California’s high living costs and high poverty sharpen its economic divide
By Dan Walters | CalMatters
Forty years ago, I wrote a series of 14 articles for the Sacramento Bee describing major economic, social, cultural and political trends coursing through California as the 20th century was drawing to a close.
One theme of the series, which later became a book, was the transformation of California from a state with high economic and social mobility to one of relatively rigid classes defined by ethnicity, education, incomes and wealth.
I quoted two researchers, Leon Bouvier and Philip Martin, who had projected California’s future as “the possible emerging of a two-tier economy with Asians and non-Hispanic whites competing for high-status positions while Hispanics and blacks struggle to get the low-paying service jobs.”
Four San Diego Councilmembers Want to Buy Time for Midway Shelter
By Lisa Halverstadt | Voice of San Diego
Four San Diego City Councilmembers are calling for funding to provide more ramp-down time for a Midway homeless shelter to keep residents from ending up on the street.
Council President Joe LaCava and Councilmembers Henry Foster, Kent Lee and Sean Elo-Rivera are jointly proposing to buy more time for the 150-bed shelter that could otherwise close in coming weeks.
The shelter’s future has been uncertain following Mayor Todd Gloria’s decision not to include nearly $5 million to support it in his budget proposal as he sought to close a $258 million deficit.