Posted on 03/03/2021 10:36:21 AM PST by Onthebrink
James Altucher was savaged for a piece he wrote last year in the New York Post called “New York City is Dead Forever.” New Yorkers hated the implication that the city lacked the necessary fight or resilience to come back from an extremely terrible run. New York has made many dramatic comebacks in the past. It’s almost a staple of the way the city operates: Democratic mayor ruins the city, Republican mayor squelches corruption and fixes the city, creating good times and leading to a new Democratic mayor who ruins the city again, and so on. La vie continue.
But Altucher may have a point. The problem this time around is not a uniquely incompetent mayor or a uniquely terrible health crisis: It’s a shift that threatens to undercut New York’s reason for existing.
(Excerpt) Read more at amgreatness.com ...
no structural need for cities any longer. Its not possible to justify the expense -which rises exponentially with height and underground transportation.
No need to concentrate humans, material, money and capital on a waterway, or even a major thoroughfare any longer.
The 21st century has ended the need for cities. They all run deficits and the muni-bonds are worthless at this point
DC Metrorail system requires an annual budget of 4.5 BILLION on revenues of 500 MILLION!! Magical Math to keep it running
Leftists love cities—but they destroyed them anyway.
Their call....
DC Metrorail system requires an annual budget of 4.5 BILLION on revenues of 500 MILLION!! Magical Math to keep it running
Ouch. I knew it was bad, but damn. That is crazy.
Magical = democRATic Math
My wife loves to watch “Beat Bobby Flay” on the Food channel. Every episode, somebody introduces him or herself as “the executive chef at whatever restaurant” in New York. I often say to the TV ‘you’re not an executive chef anywhere now, loser!”
I have begun to wonder if Democrats winning election in big cities is because the voters want them or because of voter fraud. The last election shows up how easy it is to steal an election when only one party is involved and the media is prepared to cover for them and the courts are in it as well.
Want to keep New York alive - end the corruption.
Reform the election process
Create a system that can not be rigged.
Require Voter ID
Purge the voter rolls
Make voter fraud a felony with mandatory prison
I wish more leftists would stay in the cities. Instead, they spread their votes to areas that are not yet spoiled by their ideas.
Covid has shown businesses many things. One of them is that there is little to no need for in-person work in overpriced office space in expensive cities where the quality of life has deteriorated drastically.
Any business that stays in NYC that does not need to is making a poor business decision. The politicians of NY have spoken and rather than admit the failure of their policies and plans they only have one answer.... to tax the productive into oblivion.
Staying in the once great city is a fool’s errand. Sure, the rest of the country will bail them out with a democrat administration, but it won’t change the trajectory.
I would venture to say that the last year has been particularly hard on children in NYC. No school, playgrounds shut down, and no extracurricular activities.
Any scene business will realize over the course of this year that the need to have expensive office space, with expensive services such as cleaning, maintenance, etc. In Manhattan is no longer necessary. Sure, there is the need for some in person office work but they now realize it doesn’t have to be in some midtown high-rise. You can relocate to a smaller cheaper office outside of the city closer to where your employees work and it will make no difference.
I believe the New York City leader ship seriously think that all these businesses will come crawling back once this is over. I think they are sorely mistaken.
Not yet. It will be when the taxes are raised even further to meet their budgets.
Yes!
The reasons for cities is political - it is much easier to control folks in urban areas.
It is also easier to distribute loot and patronage to them.
That is why the want to stick us all in arcologies.
Suburban living may be more desirable, but it is also expensive.
The most efficient way to live would be conservatives living in cities, i.e. efficient places to live that aren't plagued with crime, graffiti, corruption, etc.
But conservatives either decided or were pushed out of the cities and so we now have expensive crime-ridden liberal cities, and expensive relatively crime-free suburbs.
Billy Joel was only four years off.
There's no absolute need to, but for the arts. OK, Paris is the fine art capital of the world, but New York had an excellence in the arts in general that you can't find anywhere else in the country.
I wonder if this can ever come back, even close to the high standing it had. If not, New York is dead.
Someone famous said recently, "If Broadway is dead, New York is dead." True, in terms of the millions who come here from the rest of the nation, but it isn't only Broadway. The arts that New Yorkers themselves cherish and kept lively may be gone as well.
I don’t think they ever though the DC Metro would turn a profit. It’s not a business, it’s a service to get people to work so they can pay taxes and spend money in DC.
About 25 years ago there was major I-15 construction in Salt Lake city that severely impacted the downtown area. It was so hard to get there that much business moved to the south valley a few miles away. After almost 5 years the downtown area opened back up. But most of the business remained where it was in the south valley. The downtown are took many years to fill all the storefronts up again. While obviously SLC is NOT NYC (thank god) I’d bet the same principles will hold. Why would businesses that are now successfully operating outside of NYC want to come back to the higher taxes, rents and crime rates?
Well, there is Arcosanti:
https://en.wikipedia.org/wiki/Arcosanti
too big to fail — with a democrat in the whitehouse.
They love cities to death.
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