Posted on 11/27/2020 1:08:41 PM PST by karpov
As if a second wave of Covid-19 infections weren’t enough, New York’s prospects for economic recovery will face new headwinds—from Albany.
When most of the state’s record 1.9 million mail-in ballots were finally counted this week, it became clear that the New York State Senate’s existing 40-member Democratic majority would grow by at least two seats—giving them their first-ever two-thirds supermajority of the 63-member chamber, enough to override gubernatorial vetoes.
The landmark comes two years after Democrats took control of the legislature’s upper house for only the third time since World War II. Combined with their long-standing supermajority in the 150-member assembly, legislative Democrats now are positioned to have the final word on New York State’s response to enormous state and local budget gaps created by the instant pandemic recession last spring.
As of November, Albany faced a budget shortfall of about $8 billion for the current fiscal year and $16.7 billion for 2022, which begins April 1. Allowing for Governor Cuomo’s habitual inflation of budget numbers, reduce those projected deficits by one-third and the outlook for Albany remains as difficult and challenging as it’s ever been. Federal aid, if and when it flows, will be only a temporary stopgap.
Over the past 25 years, the state government has become increasingly dependent on revenues generated in Manhattan offices and trading floors that remain largely vacant. Government spending, now running far ahead of even the most optimistic revenue projections, must adjust to new economic realities.
But economic reality doesn’t factor into the rising Albany worldview. On average, the state’s incoming class of legislators are more inclined to tax, spend, and regulate—and far from hesitating to impose more restrictions on a shaky economy, they see the pandemic-driven crisis as an opportunity to be exploited.
(Excerpt) Read more at city-journal.org ...
The Republicans were only interested in feeding at the trough!
Well, I think it’s more like a handful of large, leftist population centers punishing the rest of the state.
Hope they OOVE living in a ONE PARTY rule state because it SUCKS in CA. I believe that CA. became a ONE PARTY state due to fraud and illegals voting!!…NOW the legislators have passed vote harvesting NOT the people BUT the legislators who got in by CHEATING!!!
Where to go? We’re mulling it over.
we’ll get the government SOME of us deserve...
“Where to go? We’re mulling it over.”
We’re bringing her to TN for a few weeks, and then to FL for a few weeks. Relative freedom.
We ourselves have been wondering, as you asked, “Where to go?” for the long term. It seems that America was the last free place.
My problem is federal aid. Each state is responsible for its own fiscal state, period.
I’ve been thinking maybe Freepers should get together, buy up some acreage somewhere, and form a conservative reservation.
The NY election map showed a vastly red state ruled by small urban centers and their suburbs packed full of libs
Think there might be some pushback
Put the New York state elections under the same microscope
that Pennsylvania is going through and you’ll find the very SAME issues.
Its how “blue states” stay blue. Electoral Fraud is the hallmark of the Democrat Party.
Most Americans just aren’t that stupid. Naive and trusting...yes indeed however
ping
Well, the US Constitution says each state is guaranteed a Republican form of government. So...
In the early/mid 1960s Detroit was one of the wealthiest major cities on earth...today,not so much.
Me also. Definitely moving next year. Somewhere South. Thinking South Carolina.
I know we have freepers in ny who are doing their best. Sympathies to them.
Conservative refugees welcome in Virginia.
And this is exactly what we are talking about voter fraud to secure a rat majority for ever. They have been doing this for decades and getting away with it
you get what you vote for, I don’t feel sorry for them in the least.
Liberal New York refugees not welcome in Florida.
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