An interesting self-solving problem

San Francisco, the nation’s hotbed of innovation and and a veritable millionaire-production factory is struggling with its economic development. To wit: a new report from the city’s Human Services Agency (via The San Francisco Chronicleand Valleywag) finds that, on some metrics, San Francisco has more income inequality than developing nations, rivaling not the likes of Sweden and Denmark, but countries of sub-Saharan Africa.

The figure cited by the Chronicle is the Gini coefficient, which measures income distribution on a scale of 0 (everyone shares wealth equally) to 1 (all of the nation’s wealth is concentrated in the hands of one person). Sweden landed at a .25, and Denmark came in at .24. The United States, per the World Bank, earns a .45, with San Francisco at .523—worse than Rwanda’s .508, and barely better than Guatemala’s .559.

Hmm, OK, so, what should be done?

What’s clear, regardless of what side of the gentrification/tech-boom debate one is on, is that San Francisco’s demographics are rapidly changing, and living in the city is increasingly—and rapidly—becoming a practical impossibility for many of its working-class residents.

So that’s a problem that solves itself then, the poor move out of town and the gini falls…..

13 thoughts on “An interesting self-solving problem”

  1. Thus proving the relationship between intensity of SJW posturing and wealth/inequality. The worse it is, the more modern Hail Marys need to be said in expiation.

  2. A few continue to accumulate wealth because they have enough cash to take advantage of the socialistic antics of the state to get more.

    Inflation benefits those who can move out of cash/savings etc and into goods and assets.

    Taxation hurts us all– and the well-off can hire people to reduce by arranging their affairs(good for them: shame the rest of us can’t follow suit).

    All of these plus regulation and zero fucking interest rates harm and impoverish ordinary people–while well-off SJW shite bawl crocodile tears and demand more of the same evil and stupidity that is causing the problems in the first place.

  3. Here’s a solution they could try.

    1) Invite in a load of poor people from South and Central America… (You could call yourself something catchy like ‘Sanctuary City’ or something like that.)

    2) Make your city an attractive place for bums, layabouts, grifters and the like… (Better call them the ‘Homeless.)

    3) Have massive taxation on the wealth creators who inhabit your city… (Those that are left.)

    And hey presto, your gini co-efficient will come tumbling down over the next few decades.

  4. re: Kevin B.

    #4 Make it so those that aren’t millionaire and still tried to work for a living are driven out of town by crushing taxes and regulation.

    And yes, they’ve been doing that for the past 40 years in San Francisco. There are no middle class there, only the rich and the poor. Just the way SJW likes it.

  5. So, everyone should want to live in Rotherham because the Gini coefficient is nice and low right? Right?

  6. @Ironman
    That’s just it. The only places where there Gini coefficient is ever at a value they consider good are shitholes. Designing policies that produce this coefficient leads to shitholes. As usual the SJWs are totally deranged.

  7. Simple solution, get rid of section 8. The poor won’t be able to afford the rent and will have to move. Businesses that rely on low skill labor will be SOL but who needs bars, restaurants, retailers, hotels, maids…, anyway?

  8. So Much For Subtlety

    Rob – “Thus proving the relationship between intensity of SJW posturing and wealth/inequality. The worse it is, the more modern Hail Marys need to be said in expiation.”

    It is worse than you think because San Francisco is getting more and more White (and Asian). More specifically it is getting less and less Black.

    Housing is pricing Black people out of the city. The White SJW who live there are doing precisely nothing about this. Why would they? What makes a good city is White people. More important than politics. A mostly White city like Portland is a good place to live even if they keep electing SJWs.

  9. “The White SJW who live there are doing precisely nothing about this”

    They are. They are voting for zoning laws which make building cheap housing impossible, all in the name of the environment and ‘sustainability’.

  10. So Much For Subtlety

    Rob – “They are. They are voting for zoning laws which make building cheap housing impossible, all in the name of the environment and ‘sustainability’.”

    Well OK they are doing that. But environmentalism is all too often the acceptable face of racism. If I said there were too many Brown people in the world Ironman would be spitting foam so fast it could escape the Earth’s gravity. But if Paul Erlich says it everyone is happy.

    And why not? Why should San Francisco destroy trillions of dollars of property value and ruin itself just to appease guilt over slavery?

  11. So people are more affected by the Gini coefficient of the country they live in rather than the street / city / county / other arbitrary region? Typical leftist illogic.

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