Headline RoundupMay 23rd, 2019

The Golden City Finds Itself Less Golden; Debate Ignites Around Real-Life Virtues of Capitalism vs. Socialism

Summary from the AllSides News Team

This week, the Washington Post published an article titled "How San Francisco Broke America's Heart," which brought up high costs of living and high rent as some reasons that so many residents of the Bay City are disgruntled. The author further blamed San Francisco's 'unbridled capitalism' clashing with progressive ideals for the lack of growth and opportunity for non-tech employers and employees- specifically citing teacher and social worker shortages across the city. The Blaze responded, essentially mocking the Washington Post article for the retaliation it received on social media platforms. The rebuke cites San Francisco's restrictive government and overbearing regulations for its housing qualms. CNBC cites a survey to predict where Tech companies are considering a move.

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