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Will The Filner Scandal Cause An Economic Fallout In San Diego?

KPBS Midday Edition

Megan Burke, Maureen Cavanaugh, KPBS

Monday, August 12, 2013

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There are conflicting opinions among local economists as to how the mayor's problems will affect San Diego.

Erik Bruvold, president of National University System Institute for Policy Research said the scandal introduces uncertainty into the local economy.

"We passed a charter reform that gave the mayor fairly broad and extraordinary powers over policy directions and economic strategies for the city," he said. "This uncertainty about whether he stays, whether he goes, the timeline for that, really creates the kind of risk that would lead a number of businesses and a number of kinds of industries to put investments on hold."