If the federal government fails to inject stimulus to prevent another recession, is there anything CA could do? Government borrowing costs are very low right now—could the state issue a massive public health / economic stimulus bond?
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also our city and state budget is going to get DESTROYED this year and we probably will want to preserve the funds we have for health care, nurses, science R&D, etc. this cycle.
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Does SF have any capacity for fiscal stimulus via deficit spending for emergencies? I know we need to raise parcel taxes to increase size of bonds, but it seems like “higher parcel tax to save you from corona” is a winning message
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A lot of them would just like to obtain a permit to operate in less than two years!
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