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Mamdani balanced the NYC budget
(thelemmy.club)
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this post was submitted on 12 May 2026
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But he did it by not adding more money to your pension programs. The tax the rich part only made about 5% on the gap
You mean city employee pensions. That is roughly 750,000 people. Id rather the pension lose city contributions than multiple programs that effect the average NYC tax payer.
Yes i agree, fuck those city workers. They don't need a retirement.
Your sarcasm is too vapid. You need more wit. The employee is still contributing. The pensions are 84% funded which is well above the avg pension program. And the city will continue contribution after correcting the sabotage Adams caused.
It's kind of amazing how many people don't understand that requiring excessive pension liquidity is a conservative strategy to kill tha viability of pensions. Relentless conservative media has completely broken us.
Conservatives will tell you that tax breaks for the rich pay for themselves through growth, but government pension funds can't be invested in infrastructure for the same reason.
you're right, now I understand that firing about a hundred thousand people and cutting all city services would have been better.
Or you can kick the can down the road and hope you have enough money later, but don't worry that is a problem our kids will pay for.