Comment by leopoldj
1 day ago
New York City Comptrollers published similar concerns [1]. I suppose you could apply your point equally to NYC these days :-)
1. https://comptroller.nyc.gov/reports/letter-to-spacex-re-ipo-...
1 day ago
New York City Comptrollers published similar concerns [1]. I suppose you could apply your point equally to NYC these days :-)
1. https://comptroller.nyc.gov/reports/letter-to-spacex-re-ipo-...
NYC puts the "c" in "catastrophic governance."
With their balanced budget and no social services cut?
What "balanced budget?" Mamdani got a massive bailout from the state of New York, and deferred pension payments.
It's classic third worldism, made possible by a low-information electorate that not only can't do the math, but lacks instinctual skepticism of the idea of a free lunch. Chicago went down the same path, and found that these gimmicks work until they don't.
YES, remember who they elected in NYC :)
It's pretty surprising considering all the bums they've elected over the previous few decades.
A mayor who balanced the city’s budget.
the balance heavily relies on a mix of state bailouts and new tax revenues