No matter what the future holds, growth generally means two things for the budgets of The City and citizens alike — higher revenue and higher expenses. Despite a recent surge in property taxes, San Francisco has yet to keep its spending growth in line with increasing costs. The latest budget grew by more than $700 million since last year, for an annual $8 billion. That’s more than the annual budgets of 12 U.S. states.
For a middle-class individual between jobs, that same scenario means life in the big city comes with little wiggle room. Metcalf, who moved to San Francisco in 1996, said some positive change has taken place since then. But he fears if the reaction to growth is slow, The City could set itself up for a “super-rich monoculture.”
Living in a super-rich monoculture is fine with me. Super rich monocultures don’t tolerate crime, or the moochers, looters, thieves, and bums who are a primary source of such criminal activity. As Glenn Reynolds so often says, “Faster, please!”