In Michael Bloomberg’s final year as mayor in 2013, New York City actually had a balanced budget. However, under the Marxist mayor Bill De Blasio, New York City’s budget deficit exploded. And continued under Mayor Eric Adams.
Now the Communist Zohran Mamdani is in charge of New York City. And he want’s to do what every Communist does. Steal money from the producers. Be prepared for New York City’s to eventually go bankrupt, since Mayor Mamdani will drive out the individuals and corporations that generate the tax revenue. Horrible.
JUST IN: New Yorkers are in a state of SHOCK after Ugandan Mayor Zohran Mamdani says NYC now faces a “fiscal crisis at a scale of the GREAT RECESSION”
His plan: “Raising
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