The only people stuck in this theater are city residents, and the only person who thinks screaming “Fire!” in the theater is going to prevent the fire is Adams.
The mayor last Saturday directed agencies to cut 5% from city-funded spending by November.So the budget cut would be $4.1 billion. Spending would be 3.5% below last year’s levels, instead of 1.5% higher, the current level.After the 2008 financial crisis, then-Mayor Mike Bloomberg cut spending by 3%. After 9/11, thanks to federal aid, we didn’t cut spending at all.These days, with prices 9% higher than when Adams took office, a 5% budget cut doesn’t go far.
“I am proud to say that we have successfully navigated” a “strong and fiscally responsible budget,” Adams said then.Adams knew in June that offering shelter to tens of thousands of migrants was costing billions. Finally, contrast the dry statement announcing the mayor’s budget cuts last week with the mayor’s dire warnings.
Norge Siste Nytt, Norge Overskrifter
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