Liberal San Francisco continues to amaze with its out of touch politics. A full time minimum wage worker now pockets over $20k per year. The unemployment rate for the city by the bay is 1/2 a percentage point above the national average. This also contributes to S.F. being one of the most expensive cities in the world to live. According to the U.S. Census the home ownership rate in San francisco is a low 59.1%; while most major cities across the U.S. boasted rates in the upper 60% to upper 70% range. MSNBC does it’s best to report the progressive point of view in this story, but at least they quote one business owner. You can imagine how they feel.

Bottom Line – Happy New Year. SF minimum wage heads to $10.

Thanks for visiting. Comments are welcome.

December 12, 2011
Categories: Business, National Politics . Tags: Business, CA, California, Liberal, minimum wage, National Politics, S.F., San Francisco, SF . Author: Michael Schuett . Comments: 2 Comments