4 ms·
Are Progressive mayorships in places like SF and New York the right mentality at the right time when it's an economic catastrophe to be averted? The Mayor of N
by mancerayder 6y ago
Are Progressive mayorships in places like SF and New York the right mentality at the right time when it's an economic catastrophe to be averted?
The Mayor of NYC said a few days ago, 'Midtown is not the center of the universe' when asked about sudden new squalor and economic catastrophe. Unfortunately it is the center of jobs for the region. Is SF run like this as well?
- Aeolun 6y ago> sudden new squalor and economic catastrophe Billionaires suddenly losing their tenants is now economic catastrophe? Is this another variant of ‘too big to fail’? Those buildings won’t be going anywhere regardless of anything else.
- mancerayder 6y agoWhat do you mean, billionaires? What about all the small businesses who used to get daily business from those office workers who bought coffee, lunch, drinks, and so forth? The hubris and myopia of the 'eat the rich' mentality is galling and a little depressing.
- Aeolun 6y ago> What about all the small businesses who used to get daily business from those office workers who bought coffee, lunch, drinks, and so forth My expectation is that they’re pretty much dead already (after 6 months of this). Even if not, while it sucks for them, I don’t think it will necessarily kill them, more vacancy may mean less customers, but it also means lower prices. Presumably there were shops before SF became juppy heaven, so it will have them after.
- Apocryphon 6y agoSmall businesses are hurting everywhere, what can mayorships in large cities do any differently from those in small towns?
- deleted 6y ago[deleted]
- arkis22 6y agobillionaires are fine and few of them rely on real estate wealth. The real losers are the middle class whos savings are invested in securities that rely on corporate real estate. and then obviously the lower class because they get screwed no matter what and they provide services easily stopped by covid. plenty of people are doing fine, that's why they're going out to buy million dollar covid homes.
- rsynnott 6y ago... Wait, what would you expect the mayors to do about it? Use their dictatorial mayoral powers to force people to extend leases or the city’s infinite funds for a stimulus or bailout? The federal government and to some extent the states have the money and power; expecting a mayor to wave a magic wand and fix it is, well... optimistic.
- mancerayder 6y agoSeriously? How about do what mayors have done for centuries: find ways to encourage investment and movement into the city. Business seems to be moving to places like Austin. Why do you think that is?
- paul_f 6y agoBusiness has been moving to places like Austin for years. Las Vegas, Phoenix, Atlanta, Nashville, Orlando. The pace will accelerate now that it is even more acceptable to do so.
- dmode 6y agoCan’t think of a single unicorn that came out of these cities over the last 10 years, forget the Facebooks, Googles, Tesla’s, Ubers, Airbnb’s, Slacks, Snowflakes, and Zooms of the worlds. I have lived in Phoenix and Vegas for many years. Extremely overrated and couldn’t wait to leave
- disgruntledphd2 6y agoI think the existence of unicorns is more predicated on access to VC funding more than anything else. One would expect that to be concentrated around areas with lots of VC's of which the Valley is probably the prime exemplar.
- deleted 6y ago[deleted]
- momokoko 6y ago
- Eric_WVGG 6y agoYou need to pause and explain to me how Bill de Blasio is “progressive.” Being a registered Democrat means nothing.