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Posted on 11/14/2025 4:13:33 AM PST by MtnClimber
The nightmare descent of New York City under Mamdani rule has begun. Defunding the police, “free” services, and antisemitism are the tip of the spear. Staffing, policies, and mandates will issue from the mayor daily, implemented by an administration of hardcore socialists.
The outlook is far worse when measured in dollars and cents. Spending will soar from already unsustainable levels, even as the tax base exits. When the top 1% leave, along with major financial firms, they never return. The glory of New York will fade. The city will not even be able to sustainably pay its bills for basic services.
As they used to say in grade school, show your work.
It is typically claimed that New York contributes far more to the federal government than it receives in federal aid. The implication is that New York is impervious to federal cut-offs and holds the financial moral high ground.
Hogwash.
New York City pays nothing to the federal government. The so-called contribution, totaling an estimated $60 billion, excluding Social Security payments, is the individual income tax dollars paid directly by NYC residents to the U.S. Treasury. None of these payments has anything to do with the city budget. The federal government will receive these revenues regardless of where people reside.
What matters is the NYC budget and the source of revenues.
In 2025, NYC’s budget totaled $119.8 billion. The city starts the Mamdani-era madness with a forecasted annual deficit of $5 billion to $6 billion, with no answers how to fill this gap. Factor in the city’s dependence on $10.5 billion in direct payments from the federal government. President Trump says he will lower that number to the legal minimum. Mamdani insists that no cuts can be made, that these payments are inviolate.
(Excerpt) Read more at americanthinker.com ...
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NYC is in financial trouble even if no one leaves.
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 hope mandami gives it to New York GOOD AND HARD, then doubles down and gives it to the rest of the democrat party GOOD AND HARD.
I am sure some of these bleeding heart liberal billionaires will kick in some extra funding to get socialism up and running in NYC😂
This idiot thought the recognition that a state or city pays more into the federal government than it takes out was from anything but the individual federal taxes of those who live there?!?
The thing I don’t see mentioned very often is his agenda all needs to go through boards, panels, committees and votes. Theres no guarantee of anything right now. Id really love for entire plan to be implemented but even some democrats might put the brakes on this nonsense.
I can’t wait to see the offerings in Mamdani’s free grocery stores. I’m sure everything will be plant based, organic, gluten free, and without using any peanuts, milk, or soy, and of course halal.
I wish I could read that article. AT has become an unbearable mess of ad garbage.
I use Duck Duck Go for my browser. It has ad and pop-up blockers. I don’t see any ads, but on my browser address line, I get indications of numerous things being blocked. For American Thinker I am showing “We blocked Google, The Trade Desk, Microsoft, Magnite and 12 others”. And Duck Duck Go is free.
“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.
California pulls the same blather.
Mamdani says, “President Trump, turn the volume up”. Loud, arrogant jihadi is confident addressing POTUS directly.
From “Saving Private Ryan”, Don’t shoot, let ‘em burn.
It should be interesting to observe...from afar.
Once again LIB nitwits are going to experience the uncivil lefty policies that they try to force upon others all the time.
Enjoy.
We don’t say “low cost housing” anymore, and God forbid, NEVER say “housing projects”. The approved term now is “affordable housing”. Same crappy apartments, new name.
Interesting. That and billions of foreign money coming in. Jihadis have billions of dollars to pour into anything they want.
I see not a single ad. I did know they had any.Free ad blockers exist for all browsers. For Chrome I use Ad Block plus.
Good point. But I’m sure those NY boards are made up solely of Democrats.
Then the question becomes, are they mainly JFK Democrats or mainly Bernie Sanders Democrats?
If Mamdani were smart, he’d quietly ask those boards to overrule him. That would get him out of trying to fulfill his insane campaign promises.
Whatever NYC may pay, it sucked out of it’s denizens.
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