New in PJ Media:
Well, friends, if you support President Donald Trump and oppose the left, the game is up. He’s done it. Zohran Mamdani, New York City’s bright young communist mayor, has balanced the city’s budget without raising taxes or cutting a dime from social services. Leftists already loved him for being a Muslim, a migrant, and an America-hating Marxist, and now they love him all the more, for don’t you see, he has proven, in the teeth of racist, xenophobic, far-right opposition, that socialism works!
If you believe that, I have a very fine bridge that would make a lovely addition to your backyard, and it’s extremely reasonably priced. But over at Threads, Mark Zuckerberg’s leftist facsimile of Elon Musk’s X, they’re in full celebratory mode, and from the looks of things, the champagne is flowing freely. One leftist laid out the sober (alleged) facts: “They called him a communist. Said he’d destroy New York. 131 days in he balanced a $12 billion deficit without cutting a single service. This is what we’ve been asking for.” Another responded: “This is exactly what they were afraid of. He’s proving that it can be done and all their fear mongering is just bulls**t.”
Many leftists were sure that Mamdani had performed this particular trick by doing what patriots refuse to do: soaking the rich the way they deserved to be soaked. One wanted even more: “i’m sorry am i getting this right? NYC Mayor Mamdani taxed wealthy people on properties they own if they don’t live in them, it balanced the city’s multi-billion dollar budget immediately, and all the wealthy people are still wealthy? am i getting this right? they’re still wealthy, right? and no middle or lower financial earners saw any additional tax? am i getting this correct?” In a word, no, but don’t let me spoil the party.
The reality, as the New York Post explained Wednesday, is that New York City’s budget is “only ‘balanced’ with gimmicks that guarantee oceans more red ink in the years ahead. With a late assist from Gov. Kathy Hochul’s own flim-flammery, the new, $124.7 billion Mamdani spending plan relies on one-time cash infusions, postponed payments and dubious calculations of future tax windfalls and theoretical savings.”
Hochul helped out by giving the city $4 billion, so Mamdani’s balanced budget is indeed a triumph of socialism: the city is solvent not because it spends responsibility and within its means, but because it got a handout. As long as the handouts keep coming in and Mamdani can keep on spending other people’s money, everything will be fine.
A crash is coming, however. City Comptroller Mark Levine explained that Mamdani’s “balanced” budget “‘relies on $2.8 billion in one-time measures’ and short-term savings, without addressing ‘the fact that City government continues to spend more than we take in, even in a year of record revenues.’”
There is more. Read the rest here.
WPM says
Some of the things that go after “the rich” by maldummy double the fees for use of FDNY ambulance if you need it to get to the hospital. Doubling other fees ,short changing the contributions the city makes to the pension funds for city workers that will lead to short falls in what those funds need in a few years .special taxes or fees on houses sold in the city regardless if they are your main home or second home .The governor Hochul is up for re-election this November she “promised” no new taxes everyone knows that will be out the window by December .The cities fiscal year runs from July 1 to July 1 ,the states runs from Jan 1 to Jan1 so the states short comings will not be known till after the election .These twin mental giants both ran on big orange man is evil and all republicans are either Klansmen or Nazis .It plays well in deep blue NYC and upstate hollow out mill towns with many new American hating “immigrants ” and increasing in Moslem population in NYC .
WPM says
Also NYC has no ID law and very little or no checks on who is on the voting rolls .You can get register to vote when getting or renewing drives licenses .Many illegal immigrates seem to have not trouble getting drivers licenses in New York state.
Bexarkat says
A lie by any other name, still stinks. My apologies to the bard.
John Pepple says
Socialists in academia still don’t give a rip about the exploited adjuncts. Until that happens, I will never trust the socialists.
Wellington says
An exercise in million man math. After all, if 2 + 2 can equal 19 then any computation is possible.
WPM says
This drama kid Madummy is setting himself up to fail the trouble is he will take the city down with him.
gravenimage says
Democratic Socialism Works! Leftists Go Nutty for Mamdani After He ‘Balances’ the NYC Budget
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Just risible.
OLD GUY says
See just raising the price of a bus ticket balances the city budget. Mamdani should be able solve the American National Debt next week.