Mayor Mamdani’s spending frenzy will lead NYC into a rapid decline

Finanțe și Bănci

Truth be told, I thought it would take at least one budget cycle for our socialist boy-wonder mayor to implode in a sea of idiocy over how he plans to govern this city and how he intends to pay for it.  The fact that it’s happening even before his first budget is finished — with an absurd debate over raising taxes on rich people who are already leaving the city in droves or socking it to working-class homeowners through higher property taxes — is downright scary.  It’s a big red warning sign