Posted on 01/11/2014 6:07:53 AM PST by SeekAndFind
New York’s new Occupy mayor, Bill de Blasio, took office this month with a stern, if hazy, vow to right the imbalances of economic inequality in New York City, which other speakers at his inauguration called “Dickensian” (Harry Belafonte) and a “plantation” (Brooklyn pastor the Rev. Fred Lucas Jr., delivering an invocation).
But he can’t fix income inequality, nor should he. Given that there will always be some who are just starting out or lack the wherewithal to succeed, it’s the wealthy who are responsible for the gap between rich and poor. And it’s those same wealthy whom de Blasio will need to keep New York City functioning.
Opening up by telling Lucas, “Thank you for your words of prayer,” the incoming mayor de Blasio reprised the Tale-of-Two-Cities rhetoric that got him elected with nearly 75 percent of the vote last November. “We are called to put an end to economic and social inequalities that threaten to unravel the city we love,” he said, fatuously, as though it were feasible to put every New Yorker at the same economic level. The specifics he offered were laughably meek when compared to that ambition: a surtax on those earning over $500,000 a year meant to pay for pre-K programs that will amount to a 14th year of sorry education for the underprivileged, an expansion of paid sick leave, pushback against public hospital closures, more community health centers and more regulations on developers meant to create a small number of “affordable housing” units for those politically connected enough to win a sub-market-rate apartment.
De Blasio’s economic illiteracy was perhaps most evident when he said, “Some on the far right continue to preach the virtue of trickle-down economics.”
(Excerpt) Read more at forbes.com ...
Naah. He was a Democrat.
The last decent Mayor New York had was Peter Stuyvesant.
I think that if you move the physical location of the stock exchange, then you move the people that de Blasio wants to tax. Let him tax the theaters.
Problem is, they’re bringing their liberal politics with them when they emigrate from NY.
South Florida is a completely different state compared to North Florida and the panhandle.
It is recorded 3 times in the New Testament, that Jesus said: “The poor you will have with you ALWAYS”. Apparently Obama and the Liberals don’t know that there will NEVER be “income equality”.
Who is John Galt?
How long until there are demands to change the name of the airport?
Somebody will have to do a bio on him that makes him out to be something that he never was, like Norman Rockwell. Then, they will change the name.
Interesting. Thanks. I thought he was a Democrat.
This communist goof is going to learn the first maxim of capitalism the hard way: money moves where it is well treated and leaves where it is not.
Even Mayor Mike Bloomberg wasn’t stupid enough to try and fleece the “percenters” of NYC. When the then Gov. David Patterson wanted a “soak the rich” tax on high income earners, Bloomberg went public to scuttle Patterson’s plan. Why? There are 44,000 of these high earners that pay 50 percent of the NYC budget. NYC cannot afford to go after them without dire consequences. Go ahead, Mayor Bill de Blasio, time to destroy the economy of NYC. Pass the popcorn. For you NYC folks, BOHICA — you’re going to get it long and hard.
We need to salvage bread and pizza and financing from New York. The rest they get to keep. Wish em luck.
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