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kimmaicutler's profile
Kim-Mai Cutler
Kim-Mai Cutler
Kim-Mai Cutler
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@kimmaicutler

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Kim-Mai CutlerVerified account

@kimmaicutler

Partner at @initialized. Previously @techcrunch. When life hands me lemons, I make tarte au citron.

San Francisco
medium.com/initialized-ca…
Joined April 2008

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    1. Kim-Mai Cutler‏Verified account @kimmaicutler 10 May 2019
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      Replying to @kimmaicutler @RickPaulas @khuey_

      When we promise things we haven't fully funded decades from now, we're de facto choosing to suppress wages of future public sector workers or forcing public sector union retirement funds to go deeper into the exact high-growth, risky asset classes that some are criticizing.

      1 reply 0 retweets 8 likes
    2. Rick Paulas‏ @RickPaulas 10 May 2019
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      Replying to @kimmaicutler @khuey_

      I think these are all very important things to keep in mind.

      1 reply 0 retweets 1 like
    3. nancy pelosi's endorsements guy 🌹‏ @uhshanti 10 May 2019
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      Replying to @RickPaulas @kimmaicutler @khuey_

      we should probably practice a politics that decouples the good from the bad 🙂

      1 reply 0 retweets 3 likes
    4. Kim-Mai Cutler‏Verified account @kimmaicutler 10 May 2019
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      Replying to @uhshanti @RickPaulas @khuey_

      yeah that's probably not what's going to happen. At the top of the cycle, we'll promise a bunch of things that aren't adequately funded 1-3 decades from now and some future mayor, who is responsible for keeping an organization employing 30,000 people financially solvent,

      1 reply 0 retweets 6 likes
    5. Kim-Mai Cutler‏Verified account @kimmaicutler 10 May 2019
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      Replying to @kimmaicutler @uhshanti and

      and it probably won't even matter if they're progressive or moderate (because hey, De Blasio was pro-Amazon), will try to cut some deal at some other part of the cycle to attract or stabilize tax revenues. A lot of that growth will just be absorbed by the landowner class

      2 replies 0 retweets 6 likes
    6. Kim-Mai Cutler‏Verified account @kimmaicutler 10 May 2019
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      Replying to @kimmaicutler @uhshanti and

      then they obviously won't want to pay taxes themselves to prevent the level of public service they expect from deteriorating, so they'll blame it on newcomers and that will fuel some kind of populist campaign for some token concessions. And then this will just repeat ad nauseum.

      3 replies 0 retweets 9 likes
    7. fry‏ @anniefryman 10 May 2019
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      Replying to @kimmaicutler @uhshanti and

      the “yep its a death spiral” narrative, so succinctly put Kim.

      1 reply 0 retweets 2 likes
    8. nancy pelosi's endorsements guy 🌹‏ @uhshanti 10 May 2019
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      Replying to @anniefryman @kimmaicutler and

      as I say every time @kimmaicutler and I get into an argument, nothing will get better if we sit here talking about how nothing will get better so we can’t do anything 🤷🏽‍♀️

      2 replies 0 retweets 1 like
    9. Kim-Mai Cutler‏Verified account @kimmaicutler 10 May 2019
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      Replying to @uhshanti @anniefryman and

      I'm just asking people to consider the other pieces. There are several pieces working in parallel the situation we're in. And if the political discourse only focuses on 2 of 4 or whatever, you will not arrive at a solution.

      2 replies 0 retweets 9 likes
    10. Kim-Mai Cutler‏Verified account @kimmaicutler 10 May 2019
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      Replying to @kimmaicutler @uhshanti and

      I remember one of the last times this happened. SB400 in 1999. Peak of the stock market.https://www.latimes.com/projects/la-me-pension-crisis-davis-deal/ …

      2 replies 0 retweets 2 likes
      Kim-Mai Cutler‏Verified account @kimmaicutler 10 May 2019
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      Replying to @kimmaicutler @uhshanti and

      Wasn't adequately funded. Today it now means that like $1 out of every $5 spent on school district teachers' payrolls has to go and backfill retirements. https://lao.ca.gov/Publications/Report/3873 …pic.twitter.com/tMzvuFLXsB

      8:36 PM - 10 May 2019
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      • DrivingMzStacey🚴🏼‍♀️🛴🚆🏎
      1 reply 0 retweets 1 like
        1. Michael Hoexter  🔥‏ @mike_cal 10 May 2019
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          Replying to @kimmaicutler @uhshanti and

          Any social justice agenda is going to require the seed funding, if not the ongoing funding of the federal government. Cities & states are dependent on tax receipts to get dollars, making them ultimately dependent on the compliance of rich people & corporations for money.

          0 replies 0 retweets 0 likes
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