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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Replying to @ArmandDoma
on a smaller scale, did you see the 0% loans for small biz in NY? seems like something SF can and should implement
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Replying to @dhulser
@MattHaneySF@anniefryman@kimmaicutler what do y’all think?1 reply 0 retweets 2 likes -
Replying to @ArmandDoma @dhulser and
the 0 interest loans make sense. A lot of these businesses are not fundamentally challenged. They just need to survive an additional 2-6 slow quarters.
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Replying to @kimmaicutler @ArmandDoma and
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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Replying to @kimmaicutler @dhulser and
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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Replying to @ArmandDoma @kimmaicutler and
We have a reserve, seems fair to say that it is put aside for moments like this.
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if there are limited reserves, should they be used for nurses or SMBs or what allocation would you say is best?
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