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[return to "A fiscal crisis is looming for many US cities"]
1. apsec1+Oa[view] [source] 2025-02-20 19:21:10
>>rntn+(OP)
San Francisco's budget is around $15 billion, which is larger than that of many states, for a population of around 800,000
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2. ceejay+Lc[view] [source] 2025-02-20 19:30:21
>>apsec1+Oa
It also has 20x the GDP of Wyoming.
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3. gabruo+8h[view] [source] 2025-02-20 19:54:31
>>ceejay+Lc
GDP is just more people spending more money for more expensive things. It's kind of a failed metric for economic productivity unless you think an $8 Big Mac is twice as productive to the economy than a $4 Big Mac.
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4. Analem+rz[view] [source] 2025-02-20 21:28:41
>>gabruo+8h
> unless you think an $8 Big Mac is twice as productive to the economy than a $4 Big Mac.

It literally straightforwardly is. It provides the same number of calories, to a worker who is twice as productive in the $8-per-big-Mac city as the $4-per-Big-Mac city. Differences in per-capita productivity between supercities and hinterlands are vast.

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