Deep State is replacing makers with takers.
And neither NYC nor NYS can print money.
Deep State is choosing to flush faster for some unfathomable reason.
The only explanation I can think of is that Deep State is going to have federal taxpayers cover the city’s losses.
I am sure some of these bleeding heart liberal billionaires will kick in some extra funding to get socialism up and running in NYC😂
“The only explanation I can think of is that Deep State is going to have federal taxpayers cover the city’s losses.”
I think as people move out of the city, the left will acquire the properties for their individual gain. This is DeBlahblah’s playbook. It’s the same with California after the fires. Government leftists are picking up properties for pennies on the dollar, using the “low cost housing” argument.
Interesting. That and billions of foreign money coming in. Jihadis have billions of dollars to pour into anything they want.
“The only explanation I can think of is that Deep State is going to have federal taxpayers cover the city’s losses.”
NYC and California will be bailed out under the next Democrat president. Likely that president will be elected in 2028.
Despite President Trump’s claims the current economy is the best in history, the signs of looming recession are significant. Layoffs are increasing in the private sector. Food prices (with the possible exception of eggs) are continuing to rise and are squeezing middle class households along with escalating property taxes. Medical care costs are also escalating well in excess of the government reported inflation rate. The housing market has slowed down significantly but prices have not dropped sufficiently to improve affordability for first time homebuyers. Crime and homelessness is still very visible. The public education system continues to fail. Consumer confidence index is declining.
The stock market is at all time highs and Trump constantly touts the market as one of his accomplishments. We are overdue for a correction and recent volatility suggests that correction is nearing. A stock market decline of 20-30% early in 2026 will be blamed on Trump.
Ultimately swing voters vote their pocketbooks and their personal well being. Voters squeezed by inflation and property taxes, concerned about job loss, enduring a 20-30% loss in the value of their retirement plans, unable to afford to send their children to private schools in order to escape failed public schools, and concerned about crime historically vote against he party in power. In addition, mid-term elections usually result in loss of seats for the party in power. Certainly voters who have become unemployed under the current administration are unlikely to vote for a continuation of the current policies.
If the US is in an economic recession on Election Day 2026, and the voters blame the economy on the current administration, Republicans could lose both houses of Congress. In that event, expect the Democrats to demand acceleration of government spending, including bailouts for Democrat run cities and states.
President Ford said it best: NYC Drop Dead