Cato Institute Looks at Giuliani's Fiscal Record As Mayor

Cato ^ | 3/5/07

[areafiftyone]

Giuliani

A new poll shows that Rudy Giuliani has pulled into the frontrunner position for the Republican nomination for President. Thus, it is worth looking at his fiscal performance as New York City Mayor (1994 through 2001).

A good source of data are the Comprehensive Annual Financial Reports issued by the city’s comptroller. See the CAFR for fiscal 2002, which contains 10 years of historical data.

Total NYC general fund expenditures.

1994: $31.3 billion

2001: $40.2 billion

representing a 3.6 percent average growth rate.

NYC Outstanding General Obligation Bonds.

1994: $22.9 billion

2001: $26.8 billion

representing a 2.3 percent average growth rate.

The data suggest that Giuliani exerted reasonable fiscal control, particularly in comparison to prior NYC mayors, or President Bush. For example, NYC debt more than doubled in the five years prior to Giuliani entering office. But more analysis needs to be done.

[Fierce Allegiance]

Ohh, the blatant liar speaks up.

[trisham]

Believe me Rudy will not touch the gun issue. He's more concerned about the WOT and the economy than social issues.

***********

No kidding. Do you know Giuliani personally?

[areafiftyone]

So you are OK with it? To me, it says he's a scumabg for a parent. You must be too, if it doesn't bother you as well.

As far as Reagan's kids were concerned - they considered him a scumbag parent when he was president. Amazing what happened when they finally grew up.

[DKNY]

You are the last person who should be calling anyone a liar, your passive agressive personality disorder has become a great source of amusement.

[Fierce Allegiance]

Your comment does a lot to drag down reagan, and nothing to build up Rudy. Failure on both counts.

[Fierce Allegiance]

You are a liar. In our first ever exchange on Rudy stuff, you made a statement that i made some claim that I never said. That is a lie. You are a liar.

[areafiftyone]

Oh well the truth hurts doesn't it? Reagan was no angel either. Get a grip and stop the god worshiping of Reagan. He was a man - and only a man. A good president but a man nonetheless. He was not good with his kids and that's the truth.

[Fierce Allegiance]

You just had a post pulled for threats. Post within the rules here, or you'll lose your posting privileges with the rest of the trolls.

[areafiftyone]

And what you said was sweet and kind?

It cuts both ways you know - remember what you said?:

To me, it says he's a scumbag for a parent. You must be too, if it doesn't bother you as well.

[DKNY]

I dont need to make up stuff about Rudy, you do enough for everyone.

[Dead Corpse]

RUDY GIULIANI 2008 - STRENGTH AND LEADERSHIP. Gun Control and Pantyhose!

No thanks...

[Joan Wilder]

It certainly wasn't meant as a threat, I think you read it the wrong way, in any case, I will make sure my words are more clear next time. :)

[Fierce Allegiance]

She's not a scumbag if it bothers her, right? How would you feel if either of your parents ignored a major milestone in your life?

[Fierce Allegiance]

LOL! I'd love to meet your son, btw.

[Fierce Allegiance]

LMAO! Name a single untruth I have spoken about his record and history. He's a turd, and you can't overcome that fact no matter how nasty and how many lies you create.

[Fierce Allegiance]

Did he skip a graduation? What excuse could Giuliani have for skipping a graduation?

[Doohickey]

Believe me Rudy will not touch the gun issue.

I'd like to hear it from the candidate himself. This article casts Giuliani in a relatively good light, so I'll be interested to hear his current positions of fiscal policy and Constitutional issues.