I think you will find that NYC hasn’t been sensible for decades. Mamdami claims to have reduced the deficit to zero and permanently funded libraries already, so maybe he can turn that juggernaut a bit.
I hate to say it but he “fixed” the deficit by deferring pension funding obligations for a few years. It’s kinda like paying the electrical bill with your 401k contribution and saying you’re ahead. I hope they figure out the funding in the interim or it will reflect poorly on leftist policies.
I think you will find that NYC hasn’t been sensible for decades. Mamdami claims to have reduced the deficit to zero and permanently funded libraries already, so maybe he can turn that juggernaut a bit.
I hate to say it but he “fixed” the deficit by deferring pension funding obligations for a few years. It’s kinda like paying the electrical bill with your 401k contribution and saying you’re ahead. I hope they figure out the funding in the interim or it will reflect poorly on leftist policies.