Posted on 08/08/2020 7:05:04 AM PDT by MtnClimber
It’s no longer news that, once the Wuhan virus descended on New York City, the rich did what rich people always have down when plague appears: They packed up their goods and their money and left for comfortable country homes where they could wait out the disease.
The New Yorkers who remained in the city ranged from the upper-middle-class down to the homeless. Mayor Bill DeBlasio then had the bright idea to bring these two classes together, something that’s working out about as well as you would expect. It’s also a preview of coming attractions for the rest of America should Biden win the White House and Democrats take full control of Congress.
SNIP
Cuomo is still sufficiently connected to reality to try to stem the outflow of the city’s super-rich, who are responsible for 50% of NYC’s tax base. The mayor, however, is saying the equivalent of ‘good riddance to bad rubbish.’ When he says he doesn’t like rich people, de Blasio isn’t kidding.
(Excerpt) Read more at americanthinker.com ...
DeBlob put her in charge of four taxpayer-financed govt-funded agencies that have the most potential for money-making WITH NO OVERSIGHT. The money’s coming in so fast, she can’t even go shopping.
Wife is in charge of:
(A) <><> mental health reform (she “forgot” where she put $800 million tax dollars)
(B) <><> coronavirus racial equity.....(making sure Blacks get it, too?)
(C) <><> heads the sap-happy Mayor’s Task Force on Racial Inclusion
(D) <><> Upon taking office, he gave her “The Mayor’s Fund for NYC” which receives non-stop tax dollars to “do-good” for the city (and to finance their political ambitions on he backs of taxpayers).
Video:
https://twitter.com/drdavidsamadi/status/1292073650326319105
Dr. David Samadi, MD
@drdavidsamadi
Congratulations Mayor DeBlasio!
The traffic has been solved in downtown Manhattan, because everyone has left!
Is the Green New Deal really brown (piles on the sidewalk)?
Are real estate prices down?
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It may take a little while but anxious sellers and oversupply will eventually exert downward pressure on prices.
Yes but... Monetary expansion so enormous who knows. I made a fortune in the 2008 debacle. I say one good thing about Obama I made a lot of moneyduring his tenure
I feel a little more sorry for Venezualans than NYCers but not much.
Yes, rising inflation is on its way and RE can be a good place to be during such times.
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