When the hole out of which SF must pay for its schools (currently facing layoffs) and its larger expected $400M+ deficit this year grows deeper, don’t forget who endorsed it.pic.twitter.com/nj55IlHNiv
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When the hole out of which SF must pay for its schools (currently facing layoffs) and its larger expected $400M+ deficit this year grows deeper, don’t forget who endorsed it.pic.twitter.com/nj55IlHNiv
If we have a recession, this will get worse.https://www.sfexaminer.com/news/educators-hit-with-first-layoff-warning-in-a-decade/ …
So don’t forget which publicly elected officials openly hoped for a recession in national newspapers. https://www.nytimes.com/2016/03/10/technology/looking-for-relief-in-san-francisco.html …pic.twitter.com/k3uKfeqNpu
Don’t forget when the time comes: https://twitter.com/markasaurus/status/1235213935290114048?s=21 …https://twitter.com/markasaurus/status/1235213935290114048 …
Here it comes: “Conference cancellations, lost hotel taxes and other impacts will bring a ‘significant reduction to our budget in the coming year,’ she said.”https://www.sfchronicle.com/business/article/San-Francisco-economy-reels-from-coronavirus-15112491.php …
Genius city has a supermajority population that’s made not a dime from tech.
The primary reason genius city can run in place against its growing expenditures and pension obligations is the tech boom.https://www.bloomberg.com/news/articles/2017-03-20/even-san-francisco-flush-with-tech-wealth-has-pension-problems …
There are arguments to be made against Prop. E, but this is a poor one, unless you predict the pandemic will last until the proposition would take effect in perhaps five to seven years. If that's the case, we have far bigger problems.
Believe it or not, companies do strategize years in advance on where to add headcount. And this is a big signal to not grow your business here so g’luck on closing financial holes that are already tough in good times.
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