San Francisco Mayor Daniel Lurie instructed CNBC’s Jim Cramer on Wednesday that his metropolis has the funding to rent extra cops with a purpose to enhance public security circumstances and coax companies again into city.
“We’ve to spend our bucks extra successfully, extra effectively,” he mentioned. “We’ve the cash, and we’ll rent these cops.”
A Levi Strauss inheritor and philanthropist who had by no means held public workplace, Lurie defeated San Francisco’s incumbent mayor and took workplace final week. He spoke on his marketing campaign guarantees to unravel the town’s fentanyl disaster and bolster the police drive, saying the division at the moment has 1,400 officers however ought to have 2,000.
Lurie mentioned San Francisco is dealing with an almost $1 billion funds deficit, however he claimed there’s sufficient cash for public security initiatives. And whereas he has issued a citywide hiring freeze, he added, it doesn’t embrace positions round legislation enforcement or public well being.
Based on Lurie, enterprise leaders will wish to return to the town as soon as extra folks really feel secure, including that legislation enforcement officers are “dedicated to working collectively to ensure we get folks off the road and into psychological well being beds, drug therapy beds.” He mentioned he plans to journey to different main cities to persuade companies to return again to San Francisco and mentioned he has already spoken to main company leaders like JPMorgan‘s Jamie Dimon.
“We have fallen down over the previous few years. We’ve uncared for the necessary work,” Lurie mentioned. “It is a new day in San Francisco, and we welcome you all again.”
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