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Rick Caruso is right: Public-private partnerships are the way

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Rick Caruso is right: LA needs public-private partnerships if it is going to turn around. There are simply things the city can’t do on its own.

Whether that’s because of poor leadership, or incompetence, or budget shortfalls, the city of LA has been run so badly for so long that it seems to have forgotten how to do basic things.

The private sector is still vibrant and strong in California. That’s where innovation and investment happen. It’s where people with the most skills go to pursue their dreams.

Public service can be noble — but the public sector isn’t providing good service.

Caruso’s idea is to use the private sector to fill gaps where the city is failing. And he should know: That’s the story of how he saved the Palisades Village Mall when almost everything around it burned down.

A former water commissioner, Caruso knew that the public sector wasn’t prepared. So in addition to building his mall out of fire-resistant materials, Caruso also invested in private........

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