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Needed to assess in looking at the proposed legislation is would you expect to see the same thing for wages, no real increase in wages and perhaps no employment effect, or would in fact this wage increase to 15 actually raise wages. I just kind of said those things. So, one of the things we did to get at this question was to build a statistical model that models from 1990 to 2012 for every county in california. These statistical relationship between what the minimum wage was and what the average weekly wage is. And we did a different model for each of these five industries. It made sense to us...

Whereas San Francisco ha 2 . So, San Francisco requires a 98 accuracy rating on inspection where chicago is 96 . And then online retailers, we looked at the larger retailers because they were the ones that created the need to establish this regulation. And our local ordinance here in San Francisco explicitly cited california business and professions code 12 0 24. 6 ~ and that states that no personal firm, corporation or association shall advertise, solicit or represent any means a product for sale or purchase if it isnt intend ited to entice consumer into a transaction different from that orig...

That, you know, that the future is going to look different. And i think its going to look less Small Business, a lot bigger business. You know, i dont think that and i think a lot of these people that are going to benefit are, in fact, going to move out of the city and be people that come in from the outside. So, its unfortunate that San Francisco ultimately will not benefit from this rise in minimum wage in a way that we would hope. Thank you. All right. Commissioner toursarkissian. Thank you, mr. Eagan. I have a question about the remi simulation. Im referring to your slide number 19, which ...

That are in 2014 or 2014 to 2019. Curious to find out whether that was included as well, could have further increased the loss or simulation loss of jobs. So, the remi model is basically a system of economic equations, several hundred economic equations that are set up in which some of the variables in these equations are policy variableses. Theyre things that our government might want to change, or the things that a government might want to change would affect these things. Labor costs, the average Compensation Rate for industries, are the policy are among the policy variables. In the remi mo...

The Economic Growth of San Francisco is going to continue. What weve seen now is part of a growth pattern that were fortunate to have, in fact, were the enar very of the world not only in San Francisco but the bay area. Rough numbers one hundred and 25 thousand sdwnlz that are 2 hundred and 50 thousand rental in buildings of 2 or more units if we want to take the one hundred and 50 thousand there are 20 percent not protected and that brings us to 60 thousand were talking about one hundred and 85 rough numbers of unit that are part of this legislation. So what you have today is only the giving ...