Rush Limbaugh Apr 14, 2021

In the Washington Post Op Ed Bill Whalen of the Hoover institution asked, of San Francisco is trying to hasten its own demise.

Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

See omnystudio.com/listener for privacy information.

Episode Transcript

Speaker 1 (00:00):
In a Washington Post op ed, Bill Whalen of the
Hoover Institution asks if San Francisco is trying to hasten
its own demise. He concludes that they are. He says
the city looks like a ghost town because so many
people are working remotely. The office vacancy rates over the
once red hot real estate market is tanking rents of

(00:21):
drop by almost and there are twice as many homes
for sale today compared to a year ago. It's about
to get worse too. On election day, San Francisco voters
approved a proposition known as the Overpaid Executive Tax. It's
a surcharge tax for companies who pay their top people
over a hundred times what the typical worker makes. This

(00:43):
tax was tried in Portland, Oregon. It was a disaster.
Corporations did not lower executive salaries. They cut loose workers
at the lower end of the spectrum and replaced them
with independent contractors. They always find a work around. This week,
San Francisco's authoritarian Board of Supervisors old on another set
of restrictions on top of the harsh COVID rules. If

(01:03):
you live in an apartment, you cannot smoke any tobacco
product anywhere in your home period. However, smoking a doobie
a marijuana joint at home, well that's fine, that's okay.
People used to leave their heart in San Francisco. Today
you might lose your mind there