It’s so easy to spend other peoples money.
The hard part is to force them to cough it up.
Oh, it's a sure thing. You know it. He knows it.
The city of Philly was consolidated in 1850. My guess by progressives tho i’m not sure. Time to unravel the mess of these large cities. Maybe breakups might create better governance.
High crime, corruption, uncontrollable spending, bankruptcy and apathy. All NYC problems they’ve gone through over the decades.
None of that killed the city. Not even 9/11. Giuliani proved that.
But this guy is going to finally do it and kill it off.
He increased the budget a smidgen.
Like the old Levis used to have relaxed fit with “a skosh” more room.
Gee, gotta hand it to him. I thought it would take at least six months to ruin the city. He’s done it in less than 2.
How much of a pay increase/benefits is he giving himself ?
I hope his pecker is longer that his service time as mayor. And what a cheap skate. Only 1.5 billion for immigrants. That should be around 6.7 billion if you ask me. s/
I’m sure HIS voters will agree and gladly pay their fair share.
50 yeas ago, the TOTAL budget for the entire US was $250 billion. Look where we are now.
Destroy New York so it can sild cheaply and then build it back up. It is an old ploy.
He must be gonna start a whole bunch of new LEARING Centers
He’ll “just” tax the “rich”.
Then the “rich” will use every tax loop-hole.
Receipts won’t match expectations, debt climbs.
They’ll clamp down with new law.
Then the real rich will leave.
Debt climbs radically.
Then everyone remaining is considered “rich”.
Taxes go up on everyone.
Everyone is left worse than they started with.
But everything will be “free”.
A billion here and a billion there and pretty soon you are talking about lot of money…
“1.27 gigabucks!”
NYC is $5 Billion in the hole. There is only one thing to do. Raise spending another $11 Billion!
Mamdani is going straight to the “running out of other people’s money” stage of socialism in record time.
“targeting “record-high Wall Street bonuses” toward raising revenues as an alternative”
well, that would drive what remains of Wall Street to other states pretty quickly ... then there would be NO bonuses to tax at all, much less “record-high” bonuses ...
I am a bit confused. He said they were short 12Billion this year on a smaller budget. If they increase another 11Billion, then they should be 23 billion of the 123 billion short, or about 20%. Even raising taxes 3-4 Billion by increasing property taxes isn’t going to manage that shortfall. Since people and businesses are already fleeing, it may actually be 20-50 Billion shortfall.
Again, the math is something the socialists and communists never get right, like gravity it just is.
I think that is nearly the budget of the free state of Florida.