Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

What Will Really Happen if New York City Goes Socialist
time.com ^ | Jun 26, 2025 | Jeffrey Sonnenfeld , Steven Tian and Stephen Henriques

Posted on 10/18/2025 4:45:40 AM PDT by daniel1212

Mamdani’s economic proposals do not match the real challenges of today. He has proposed building a network of city-run, subsidized grocery stores...

Mamdani, blames grocery stores for running up food costs when in reality, grocery stores are some of the lowest-margin businesses around, with 1-2% profit margins in good times.

Mamdani has made “freeze the rent” a rallying cry, even though that would backfire, as rent caps would disincentivize developers to build new housing supply...

The Democratic nominee estimates his agenda will cost taxpayers $10 billion annually. His solution for financing the hefty price tag is to increase taxes on big corporations and the wealthy....

He has also proposed nationalizing all utility companies..

The villainizing of business is regressive, not progressive. History has repeatedly shown that socialism doesn’t work, as ideas that seem good in theory often turn into a mess of government bureaucracy, inefficiency, and inertia,..Capitalism is truly progressive, as capitalism has been directly responsible for the massive leaps in quality of life and prosperity...

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


TOPICS: Business/Economy; Health/Medicine; Religion; Society
KEYWORDS: andrewcuomo; curtissliwa; defundthepolice; ericadams; kathyhochul; mamdani; newyork; newyorkcity; nyc; sopcialism; welfarestate; zohranmamdani
Navigation: use the links below to view more comments.
first 1-2021-4041-49 next last
excerpts
1 posted on 10/18/2025 4:45:40 AM PDT by daniel1212
[ Post Reply | Private Reply | View Replies]

To: daniel1212

Time? Odd at this point when the election is pretty much a lock.


2 posted on 10/18/2025 4:59:19 AM PDT by xp38
[ Post Reply | Private Reply | To 1 | View Replies]

To: daniel1212
His solution for financing the hefty price tag is to increase on big corporations and the wealthy...

The left is big lately on saying we the people pay the tariffs. Would it be cruel to point out to them that they now have an understanding of the "pass-through" nature of corporate taxes?

3 posted on 10/18/2025 5:02:36 AM PDT by NonValueAdded (First, I was a clinger, then deplorable, now I'm garbage. Feel the love? )
[ Post Reply | Private Reply | To 1 | View Replies]

To: daniel1212

Mandami will very likely be a big positive for MAGA because he’ll be such a disaster for NYC. He’ll drive businesses and wealthy individuals out. Since NY’s tax revenue already relies so heavily on taxes paid by the wealthy, this will result in far less tax revenue for NYC, not more.

Also, given current technology, there is no particular reason why the big banks need to have a lot of office workers in NYC. They can easily shift workers to Charlotte, or Miami or have them work remotely.


4 posted on 10/18/2025 5:03:24 AM PDT by FLT-bird
[ Post Reply | Private Reply | To 1 | View Replies]

To: xp38
Time? Odd at this point when the election is pretty much a lock.

Well, the date was Jun 26, 2025, but I posted it as testimony even from the Left.

5 posted on 10/18/2025 5:07:43 AM PDT by daniel1212 (Turn 2 the Lord Jesus who saves damned+destitute sinners on His acct, believe, b baptized+follow HIM)
[ Post Reply | Private Reply | To 2 | View Replies]

To: daniel1212

Will the federal government, the most indebted entity in the world, provide New York City with a federal financial bailout when needed?


6 posted on 10/18/2025 5:12:44 AM PDT by reaganator
[ Post Reply | Private Reply | To 1 | View Replies]

To: daniel1212

7 posted on 10/18/2025 5:19:23 AM PDT by quantim (Victory is not relative, it is absolute.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: daniel1212

Congratulations, New York. You will get what you wanted. When his policies make the situation worse and the denials wear thin, he’ll need someone to blame. I’m guessing Trump, Republicans and white residents.


8 posted on 10/18/2025 5:23:34 AM PDT by ArcadeQuarters (You can't remove RINOs by voting for them!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: xp38

“Time? Odd at this point when the election is pretty much a lock.”

article is from June ...


9 posted on 10/18/2025 5:24:53 AM PDT by catnipman ((A Vote For The Lesser Of Two Evils Still Counts As A Vote For Evil))
[ Post Reply | Private Reply | To 2 | View Replies]

To: reaganator

“Will the federal government, the most indebted entity in the world, provide New York City with a federal financial bailout when needed?”

i suspect not as long as MAGA is in the majority ... though, PERHAPS with severe strings attached, such as complete Federalization of NYC governance ...


10 posted on 10/18/2025 5:27:03 AM PDT by catnipman ((A Vote For The Lesser Of Two Evils Still Counts As A Vote For Evil))
[ Post Reply | Private Reply | To 6 | View Replies]

To: ArcadeQuarters

“I’m guessing Trump, Republicans and white residents.”

are you kidding? ... der joos will be the number one scapegoat for all of zohran’s failures ...


11 posted on 10/18/2025 5:29:10 AM PDT by catnipman ((A Vote For The Lesser Of Two Evils Still Counts As A Vote For Evil))
[ Post Reply | Private Reply | To 8 | View Replies]

To: daniel1212

How could it possibly get any worse? How could one even tell?


12 posted on 10/18/2025 5:33:34 AM PDT by Bonemaker (invictus maneo)
[ Post Reply | Private Reply | To 1 | View Replies]

To: daniel1212

Socialist my ass. The guy’s a communist, islamist, terrorist.


13 posted on 10/18/2025 5:34:42 AM PDT by HYPOCRACY (Wake up, smell the cat food in your bank account. )
[ Post Reply | Private Reply | To 1 | View Replies]

To: daniel1212

Well, the date was Jun 26, 2025, but I posted it as testimony even from the Left.


I’m sure if Time rewrote a follow-up piece today, they would absolutely gush over Mamdani.


14 posted on 10/18/2025 5:40:42 AM PDT by rbg81 (=)
[ Post Reply | Private Reply | To 5 | View Replies]

To: daniel1212

Never been there. Don’t want to go there. Have no plans to go there


15 posted on 10/18/2025 5:46:13 AM PDT by DouglasKC
[ Post Reply | Private Reply | To 1 | View Replies]

To: daniel1212

That ship sank years ago.


16 posted on 10/18/2025 5:48:48 AM PDT by FKASomeoneElse (Heads on swivels, boys and girls. The Zombie Apocalypse ain't got nothing on what's coming.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: catnipman

If they vote for it that’s their problem.


17 posted on 10/18/2025 5:49:26 AM PDT by Antihero101607
[ Post Reply | Private Reply | To 11 | View Replies]

To: catnipman

One of the interesting stats will be what percentage of Jews vote for him.


18 posted on 10/18/2025 5:51:28 AM PDT by xp38
[ Post Reply | Private Reply | To 11 | View Replies]

To: daniel1212

Watters described free buses as “a rolling crime scene”, irc.

Precisely.


19 posted on 10/18/2025 5:52:46 AM PDT by chiller ( Davy Crockett said:"Be sure you're right, then go ahead." I'll go ahead.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: daniel1212

“Mamdani’s economic proposals do not match the real challenges of today. He has proposed building a network of city-run, subsidized grocery stores...”

That will be a hoot, with the corrupt city not prosecuting for misdemeanors the shop lifters will strip the shelves as soon as they’re filled.


20 posted on 10/18/2025 5:57:24 AM PDT by kenmcg (ti hi o)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-49 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson