Genius city, facing down a possible pandemic-driven recession, passes special interest initiative that city economist says will reduce the GDP by $23 billion dollars.https://twitter.com/sfchronicle/status/1235074434656067584 …
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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
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Don’t forget when the time comes: https://twitter.com/markasaurus/status/1235213935290114048?s=21 …https://twitter.com/markasaurus/status/1235213935290114048 …
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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 …
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CA sensitivity to cap gains is strikinghttps://twitter.com/ikirigin/status/1228092024068263936 …
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SF has been under a voter-installed cap on office development since 1984, and this drag on the city's economy has led to ... [checks notes] ... the highest wages in the state and a 1.9% unemployment rate Stop w the scaremongering about SF's economy
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