That's been refuted so many times that I just hate posting this spam again, but since you insist on lying about Rudy's record, I shall.
The city also added approximately 430,000 new jobs during Giuliani’s mayoralty the most dramatic period of job growth in New York’s history. At the same time, Giuliani restored fiscal discipline to the city’s budget, transforming the $2.3 billion annual deficit he inherited in 1993 into the $1 billion surplus he hands over to incoming mayor Michael Bloomberg.
Rudy Giuliani: An American Hero By John Perazzo FrontPageMagazine.com | January 3, 2002 http://www.frontpagemag.com/Articles/ReadArticle.asp?ID=1380 From January 27, 2000 Mayor Rudolph W. Giuliani today outlined his Financial Plan for Fiscal Years (FY) 2000-2004. The Plan reflects the Administration's continued fiscal priorities of cutting taxes to stimulate continued record job growth and economic development; increasing spending in targeted areas, reducing City funded spending year-to-year by 1%, while maintaining overall City spending to less than the rate of inflation; and reducing the out-year gaps. The Plan reflects the Administration's success in reducing taxes by $2.3 billion since 1994 -- more than any administration in the history of the City. Combined with the more than $2 billion in proposed tax cuts, this Plan will bring the total value of the Mayor's tax reduction program to $4.5 billion annually by 2004. The Plan projects a surplus for FY2000 of $2.2 billion, the largest surplus in the City's history. This is the fourth year in a row that the New York City four-year Financial Plan contains a surplus of more than $1 billion. http://www.nyc.gov/html/om/html/2000a/pr008-00.html
“The city also added approximately 430,000 new jobs during Giuliani’s mayoralty the most dramatic period of job growth in New York’s history. At the same time, Giuliani restored fiscal discipline to the city’s budget, transforming the $2.3 billion annual deficit he inherited in 1993 into the $1 billion surplus he hands over to incoming mayor Michael Bloomberg.”
Do you know the difference between a “surplus” and an “operating deficit”?
It’s only been refuted if you confuse the two things.
That doesn’t refute the facts as stated. Despite his budget and tax-cutting prowess, when he left office New York had the highest tax burden of any major municipality. Their taxes when he took office were so high that he could cut it by large amounts and still have higher taxes than other cities (like a 300-pound man losing his first 10 pounds is a lot easier than a 150-pound man taking off the last 10).
And while they projected a surplus in the first outyear, that was based on a proposed 2 billion tax cut that had no chance of passing, and in fact the ACTUAL deficit 3 years later was billions, in part because borrowed money which Rudy used to fund the government in leu of taxes came due while the economy he thought would pay it off collapsed due to 9/11, because Rudy had no plan for economic downturn.
It is widely acknowledged that Michael Bloomberg is a better financial manager than Rudy was.