The More Public Money Gets Spent To Solve "Homelessness," The More Homelessness There Is
/San Francisco is the latest American city to try to solve the problem of “homelessness” by throwing more and yet more taxpayer cash at it. Should we check in on how it’s going?
You may recall that I last visited the issue of homelessness in San Francisco about a year ago, October 2018, in a post titled “The Morality Of Our Progressive Elite.” At that time, the number of “homeless” in San Francisco was estimated at about 7000, but there was an initiative on the November 2018 ballot, known as Proposition C, calling for a new payroll tax on large employers in San Francisco, intended to raise some $300 million per year to solve this homelessness problem once and for all.
On October 25, 2018, one Marc Benioff, co-CEO of Salesforce, had an op-ed in the New York Times supporting Proposition C. My post noted that Benioff was only too happy to advocate that others should be forced to spend hundreds of millions on this project through a new tax, while he himself offered to put up none of his own personal fortune, estimated at $6 billion, for the purpose.
So where are we now, a year later?