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RIP, NYC's middle class: Why families are being pushed away from the city
NY Daily News ^ | 10/26/2014 | JOEL KOTKIN

Posted on 10/26/2014 7:55:57 AM PDT by Kid Shelleen

--SNIP-- Manhattan is now the most unequal county in America (it was 17th in 1980), with a Gini coefficient — which measures the disparity between the richest and poorest residents — higher than that of Apartheid-era South Africa.

Between 1990 and 2010, the city’s 1% saw their median income shoot up from $452,415 to $716,625 in 2010 dollars, even as the bottom 60% hardly saw their incomes budge at all, according to a recent City University study. The trend precedes Michael Bloomberg, the billionaire mayor who envisioned New York as a “luxury city,” and it won’t be easy for de Blasio to reverse — especially as he rolls out pricey new public-employee contracts and programs like universal pre-K that further expand the city’s dependence on its wealthiest citizens

(Excerpt) Read more at nydailynews.com ...


TOPICS: Business/Economy; News/Current Events; US: New York
KEYWORDS: newyork; ny; nyc
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1 posted on 10/26/2014 7:55:57 AM PDT by Kid Shelleen
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To: Kid Shelleen

Behold.... Leftism!!

Soon it will be like Detroit


2 posted on 10/26/2014 8:02:18 AM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: GeronL

My son absolutely loves it there. He tells me them liberal women are aplenty, and they are very stupid.


3 posted on 10/26/2014 8:06:25 AM PDT by Gaffer
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To: Gaffer

If he jilts the wrong one, she might cry “Rape!” and he might be sorry. Liberal women may be stupid, but they do know a few things.


4 posted on 10/26/2014 8:08:16 AM PDT by ClearCase_guy (Democrats have a lynch mob mentality. They always have.)
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To: ClearCase_guy

He’s a pretty smart and aware fella. He also is not a whore hound per se. He just does not talk politics with them. He usually only dates those women that have actual jobs, good ones at that.


5 posted on 10/26/2014 8:11:45 AM PDT by Gaffer
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To: Kid Shelleen

You barely get by on 100k a year in nyc. You can live like a civilized person for $150k. You are in business once you cross $225k or so.


6 posted on 10/26/2014 8:11:53 AM PDT by Ted Grant
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To: Gaffer

A conservative only wants one woman, and not a stupid one


7 posted on 10/26/2014 8:13:53 AM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: Gaffer

Dunno what your son is like, but I hate it here. If I had the means, I would’ve left a while ago.


8 posted on 10/26/2014 8:17:19 AM PDT by wastedyears (I may be stupid, but at least I'm not Darwin Awards stupid.)
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To: Gaffer

Liberal women here are into art, photography, etc. They leave good paying corporate jobs to go for art and all that.

You could kinda juxtapose Franklin’s quote. They’ll trade the security of a good job for the feel good-ness of something like art. Oh, and they all travel here. It seems if you don’t travel, especially abroad, you’re not really a human.

I could happily live the rest of my days not getting on another airplane.


9 posted on 10/26/2014 8:19:41 AM PDT by wastedyears (I may be stupid, but at least I'm not Darwin Awards stupid.)
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To: wastedyears

I hear ya fella.

If any son could be more different from his father, he is it. City boy of a born and bred country dweller like me who would slit his wrists if he had to live there.

I sometimes look at my wife and just wonder.........hmmmmmmm


10 posted on 10/26/2014 8:20:10 AM PDT by Gaffer
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To: Kid Shelleen

Is it true they can take 1 apartment and turn it in to 10 apartments in NYC ?


11 posted on 10/26/2014 8:20:23 AM PDT by molson209 (Blank)
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To: wastedyears
I could happily live the rest of my days not getting on another airplane

You and me both. I've been everywhere I'd ever want to be. Don't intend to. I've got one last work trip coming up in November and that is it. I've already decided to cancel my cell phone and stay hardline. I ain't traveling no more

12 posted on 10/26/2014 8:22:03 AM PDT by Gaffer
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To: Kid Shelleen

13 posted on 10/26/2014 8:25:54 AM PDT by PROCON (Ask Yourself This..Are You More Likely to be Infected or Beheaded Today Than You Were 6 Years Ago?)
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To: Ted Grant
You barely get by on 100k a year in nyc. You can live like a civilized person for $150k. You are in business once you cross $225k or so.

But people who work in coffee shops can afford two thousand square foot apartments overlooking Central Park. I've seen it on TV.

14 posted on 10/26/2014 8:30:08 AM PDT by KarlInOhio (The IRS: either criminally irresponsible in backup procedures or criminally responsible of coverup.)
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To: KarlInOhio

Indeed!

I’ve said for years that the most credible tv apartments were the ones on Three’s Company.


15 posted on 10/26/2014 8:33:25 AM PDT by Ted Grant
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To: Kid Shelleen

Summary of article:

“NYC has gone to hell in a hand-basket for the middle-class. Everything De Blasio is doing will makes things worse.”


16 posted on 10/26/2014 8:36:15 AM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: PROCON

State of opportunity? What opportunity?


17 posted on 10/26/2014 8:37:03 AM PDT by wastedyears (I may be stupid, but at least I'm not Darwin Awards stupid.)
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To: wastedyears
State of opportunity? What opportunity?

Sorry I forgot the </sarc>

18 posted on 10/26/2014 8:39:20 AM PDT by PROCON (Ask Yourself This..Are You More Likely to be Infected or Beheaded Today Than You Were 6 Years Ago?)
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To: Kid Shelleen

This is the phenomenon that killed New Jersey.

New Jersey was once mostly a Republican state. In the 1970’s many middle class New York City folks got fed up with the five boroughs and realized that they could move into NJ for lower taxes, nicer homes, better schools etc.

First they swarmed counties like Middlesex, Bergen, Union, Passaic. Now that they have largely wrecked those counties (Essex and Hudson were already wrecked prior to the NY invasion), they are migrating west and south into still Republican Somerset, Morris, Warren, Sussex, Hunterdon and Monmouth counties.

The same thing happened in South Jersey with people fleeing Philadelphia for New Jersey and some of the adjacent PA counties.

The brought their liberalism with them and expect everybody and everything to bend to their will.


19 posted on 10/26/2014 8:40:04 AM PDT by XRdsRev (New Jersey - Crossroads of the American Revolution)
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To: Gaffer

Are you sure you son is going to appreciate you talking about him like this? Uses women, etc.


20 posted on 10/26/2014 8:42:38 AM PDT by miss marmelstein (Richard III: Loyalty Binds Me)
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