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Mamdani balanced the NYC budget (thelemmy.club)
submitted 2 weeks ago by favoredponcho@lemmy.zip to c/progressivepolitics@lemmy.world
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[-] Buelldozer@lemmy.today -1 points 2 weeks ago

Rather than declare this balanced budget a smoke & mirrors failure, let’s see where it stands in 2-3 years.

We should start by waiting to see if this budget even comes to pass. It relies on a number of disparate groups to approve various line items.

I suspect the city will be much improved by then.

I suspect it won't. Receipts from personal income tax are expected to decrease and budget gaps dramatically widen between now and 2030.

No, let’s pretend doing something great, and extremely rare, like balancing the budget, is a bad thing.

This budget may be balanced, assuming everyone involved votes for it to happen, but the structural problems remain.

[-] BarneyPiccolo@lemmy.cafe 1 points 2 weeks ago

This budget may be balanced, assuming everyone involved votes for it to happen, but the structural problems remain.

Some of those structural problems were addressed in this budget balancing, and now that they've accomplished this objective (they'll all sign on, nobody will dare not to), they'll start working on the rest.

I'm predicting that he'll succeed, and you're predicting he'll fail. The difference between my prediction and yours, is that mine is based on his already successful record, and his overwhelming public support, while yours relies only on your own cynical hope that he fails, with no evidence that will happen.

So far, he's got his shit together better than ANY NYC mayor I can recall in the last 50+ years. I'm betting on THAT guy.

this post was submitted on 12 May 2026
1043 points (98.9% liked)

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