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The economic context has also changed a lot. In 2012 SF's total GDP was 350b, today it's 500b (a 40% increase). It shouldn't necessarily be that surprising that
by jm_l 6y ago
The economic context has also changed a lot. In 2012 SF's total GDP was 350b, today it's 500b (a 40% increase). It shouldn't necessarily be that surprising that as the economy grows the government's spending does as well.
- kansface 6y agoThis does explain quite a bit! Although I'd assume there are economies of scale in running a city (or else they wouldn't exist in general).
- hevelvarik 6y agoThat’s 51/40 in favor of spending more over those 8 years and in 2012 SF wasn’t frugal. Some increase is justified but not more than 1 to 1.