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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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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If we have a recession, this will get worse.https://www.sfexaminer.com/news/educators-hit-with-first-layoff-warning-in-a-decade/ …
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And so will this.https://www.bizjournals.com/sanfrancisco/news/2019/12/17/san-francisco-stares-down-420-million-budget.html …
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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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Kim-Mai Cutler Retweeted Mark Hogan
Don’t forget when the time comes: https://twitter.com/markasaurus/status/1235213935290114048?s=21 …https://twitter.com/markasaurus/status/1235213935290114048 …
Kim-Mai Cutler added,
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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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Replying to @kimmaicutler
Starting to think prop E may have been a bad idea.
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