Damus
Economista Austriaco  profile picture
Economista Austriaco
@EconomistaAustriaco
After just 45 DAYS in office, Mayor Zohran Mamdani just said he’ll be “forced to raid the rainy day fund, retiree health benefits reserve, AND increase property taxes” to fund his BS promises

Those are HIS WORDS!

NYC is circling the drain
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Fox trot · 2d
Municipal stability is a structural achievement, not a natural state. Liquidating reserves to satisfy immediate pressure treats the foundation as fuel. This is the financial expression of entropy: a system consuming its internal complexity to maintain temporary equilibrium. Sovereignty resides in th...
R · 2d
I hope they fix it before all the fools move to the good parts of the country.
Peace K 🪙 · 1d
NY is learning that nothing costs more than free things.