With our free press under threat and federal funding for public media gone, your support matters more than ever. Help keep the LAist newsroom strong, become a monthly member or increase your support today .
This is an archival story that predates current editorial management.
This archival content was written, edited, and published prior to LAist's acquisition by its current owner, Southern California Public Radio ("SCPR"). Content, such as language choice and subject matter, in archival articles therefore may not align with SCPR's current editorial standards. To learn more about those standards and why we make this distinction, please click here.
Ventura Boulevard of Broken Dreams?
()
Ventura Blvd. in Sherman Oaks | Photo by lavocado@sbcglobal.net/Flickr
Today's Daily News takes a look at one of Los Angeles' main streets, Ventura Boulevard, and how it's faring in the current economic crisis. Not surprisingly, things are not going well for business owners whose shops are located on "the San Fernando Valley's most robust commercial strip."
They profile six businesses, some of whom echo each others' fears about the decline in business, and noting that their patrons come in less frequently because their own finances are uncertain, or that the businesses may soon find it hard to make their ends meet.
Support for LAist comes from
Some businesses, though, are doing well, like a shoe repair store (emblematic of folks fixing what's broke rather than buying new) and a gym (New Year's resolutions, anyone?). No mention of how the new parking rates and time limits are affecting them, either, but when owners notice shoppers' wish for cheaper goods and services, more money spent for less time to park is bound to have a negative impact on businesses.
The bottom line on the bottom line is that things are grim: "As a result of the downturn, consumer confidence is off. Sales have slowed. And most shopkeepers can only gaze out from their shops or bistro patios." Store-owners feel helpless, and some blame national politics; perhaps the upcoming change in leadership will restore hope to our local business owners.
At LAist, we believe in journalism without censorship and the right of a free press to speak truth to those in power. Our hard-hitting watchdog reporting on local government, climate, and the ongoing housing and homelessness crisis is trustworthy, independent and freely accessible to everyone thanks to the support of readers like you.
But the game has changed: Congress voted to eliminate funding for public media across the country. Here at LAist that means a loss of $1.7 million in our budget every year. We want to assure you that despite growing threats to free press and free speech, LAist will remain a voice you know and trust. Speaking frankly, the amount of reader support we receive will help determine how strong of a newsroom we are going forward to cover the important news in our community.
We’re asking you to stand up for independent reporting that will not be silenced. With more individuals like you supporting this public service, we can continue to provide essential coverage for Southern Californians that you can’t find anywhere else. Become a monthly member today to help sustain this mission.
Thank you for your generous support and belief in the value of independent news.
Chip in now to fund your local journalism
(
LAist
)
Trending on LAist
-
The study found recipients spent nearly all the money on basic needs like food and transportation, not drugs or alcohol. -
Kevin Lee's Tokyo Noir has become one of the top spots for craft-inspired cocktails. -
A tort claim obtained by LAist via a public records request alleges the Anaheim procurement department lacks basic contracting procedures and oversight. -
Flauta, taquito, tacos dorados? Whatever they’re called, they’re golden, crispy and delicious. -
If California redistricts, the conservative beach town that banned LGBTQ Pride flags on city property would get a gay, progressive Democrat in Congress. -
Most survivors of January's fires face a massive gap in the money they need to rebuild, and funding to help is moving too slowly or nonexistent.
Best of LAist