SFCityBear said:
DiabloWags said:
NVBear78 said:
DiabloWags said:
The City of San Francisco has a $12 Billion Dollar Budget.
That's BILLION with a "B".
$600 Million is spent on the Homeless.
And yet there is surging crime, 74 car break-ins per day leads the nation for Metro areas.
And there are 80 complaints of feces per day.
And 1,400 people have died from drug overdoses in the last year.
Apparently, throwing money at these problems hasnt been the answer.
Saving San Francisco: Investigative Series NBC Bay Area
+12 Billion!
That's nothing.
NYC has a $98.5 BILLION Budget.
Yes, and NYC has a population of 18,867,000, while San Francisco's population is 884,108. So NYC's Democrats run their city, a city of 21X the population of San Francisco, with only 8X the budget of San Francisco.
NYC doesn't have anywhere close to 19 million people. The entire state of New York is barely that large. One thing that makes the comparison hard is that the city budget doesn't just scale with the number of residents but must take into account workers, tourists and other "users." That's true for both NYC and SF and since each are cornerstones of larger metro areas, they have similar features but it's harder to judge the multiplier impact and how that might affect the budget.
I do suspect that going forward SF downtown will be harder hit by the lasting WFH impact of COVID as opposed to NYC so it's going to be an interesting few years, particularly budget wise. When I talk to people in NYC, there is much more of a back to the office sentiment and more of the services businesses that cater to office workers are intact. When I go to the financial district in SF, it's still very much underutilized and it's hard to imagine that restaurants, etc. that used to make a living serving office workers will be able to do so for the next few years. Maybe that will change, I don't know, but right now it looks rough.
To be clear, I don't think this really has anything to do with politics. Technology businesses are more conducive to WFH and we obviously have a higher contribution of those businesses here than anywhere else. I don't think that can be solved by government policy. The city survived the dotcom crash so maybe it will be fine post-COVID, but will certainly be choppy for a while.