Husband of Amy Klobuchar john bessler. This is two hours and 20 minutes. Good morning everyone. Thank you everyone for coming here this morning and those of you that dont know me on the National City committee. Thank you. This is one of those weekends where most folks in the room, they realize how lucky we are to be democrats here in New Hampshire and the special place that we have with the primary, fantastic convention yesterday which many of you were part of and it will keep on rolling now in the primary in february. We have a program this morning, a great program, were very fortunate and a lot of the candidates realize that if you want to win New Hampshire you have to win nashua. We have a lot of people coming through and before we hear them john delaney, i want to think the sponsors for todays events, we are raising funds right now to help fund arm and the support election, campaign from this fall as well as the Campaign Next year for the state and the National Race that we have in
Thank you. This is one of those weekends where most folks in the room, they realize how lucky we are to be democrats here in New Hampshire and the special place that we have with the primary, fantastic convention yesterday which many of you were part of and it will keep on rolling now in the primary in february. We have a program this morning, a great program, were very fortunate and a lot of the candidates realize that if you want to win New Hampshire you have to win nashua. We have a lot of people coming through and before we hear them john delaney, i want to think the sponsors for todays events, we are raising funds right now to help fund arm and the support election, campaign from this fall as well as the Campaign Next year for the state and the National Race that we have in New Hampshire. Every little bit counts because of the breakfast today, we will get our cards so we can go doortodoor effort and pull out every democratic boater that we can in the election this november. We hav
The stockbased compensation was even much smaller than Central Market and the shift to growth receipts, at the time, we projected, you know, 1500 to 2,000 jobs might have been created as a result of that switch after it phasedin after 20 years, and we still have a payroll tax that is 25 of what it was and we only just finished phasing it in. I would say those three proposals, which i would agree are the three biggest things this city has done probably had relatively little impact on most of what we are talking about what have happened had we taken those policies or not. Thank you. Just to clarify, i was asking what your assessment was on the impact, not on the Overall Economic growth of San Francisco over the past 15 years, but just astounding growth of the tech sector. You said by more than 500 . That has taken our economy to the point where they are dominating the economy at this point. Do you feel like these tax breaks and the tax changes were really directly or indirectly on target
Talking about simply wasnt that great. Okay. I appreciate that. I had a followup question. Were the other sectors of our economy, nontech sectors that had a converse experience during this period . In other words, other sectors that did not benefit as much from tax breaks or tax policy that we enacted, and also, as a result they have seen a declining role in our economy. One of the features that we had seen kind of consistently yearoveryear this decade is essentially every sector of the citys economy adding jobs, even up to the most recent years, but the tech sector, and in the last couple of years, construction, growing much faster then the rest. We have seen the tech sector this trend is showing it growing three times faster then the rest of the economy, but one of the things that is interesting, it hasnt led to the absolute loss of jobs in other sectors. Even sectors that had historically been fairly weak in San Francisco like the manufacturing sector, have grown this decade and ret
To the size of the economic changes that we saw. I think that is my only reason for being hesitant in saying it probably wasnt that because the amount of tax savings were talking about simply wasnt that great. Okay. I appreciate that. I had a followup question. Were the other sectors of our economy, nontech sectors that had a converse experience during this period . In other words, other sectors that did not benefit as much from tax breaks or tax policy that we enacted, and also, as a result they have seen a declining role in our economy. One of the features that we had seen kind of consistently yearoveryear this decade is essentially every sector of the citys economy adding jobs, even up to the most recent years, but the tech sector, and in the last couple of years, construction, growing much faster then the rest. We have seen the tech sector this trend is showing it growing three times faster then the rest of the economy, but one of the things that is interesting, it hasnt led to the