Prepared text of Villaraigosa’s State of the City speech

April 14th, 2009

Fellow Angelenos: These are no ordinary times in the City of Los Angeles, or for that matter, any place where people depend on the global economy. Here in L.A., the recession is taking a terrible toll.  230,000 Angelenos now standing on unemployment lines.  The jobless rate simmering at 12% and rising. The mortgage crisis has now forced 21,000 of our families to box up their belongings and vacate their homes, many experiencing for the first time in their lives the humiliating pain — the fru

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