The leading mayoral candidates won’t tell you the truth because they are competing for the support of the people who benefit most from city government. Making promises to other pols, special interests, developers, unions and the non profits, etc. That is the job of a candidate. The job of the media is to inform the public the weakness of those promises. Does anyone believe that New Yorkers are informed about government or the economic realities of the political promises the candidates are making.
Where Will The Additional Tax $$$ Come From to Pay for the Political Promises?
1. City tax revenues have nearly doubled, from over $21 billion a year to more than $42 billion, since Bloomberg took office. How much more in taxes and spending do the candidates think it will take to keep their promises of “affordability?” And who is going to pay those taxes?
2. How will NYC replace the lost revenue from of changing Wall Street? In 2008, Wall Street covered about $4.5 billion of the city’s tax payments — 12 percent of the total. Last year, it was $2.8 billion 7 percent. Bye-Bye to the Big Board?(NYT Ed)
City faces middle-class exodus - Crain's New York Business * ‘Wall ST.’ flees NY for tax-free Fla. (NYP) Escape from New York A new poll last week showed that more than one of every four New Yorkers is headed for the exits. Detroit lost a quarter of its population between 2000 and 2011; absolutely, it could happen here.
City’s Jobless Rate in January Hit 4-Month HighThe State Labor Department, in a new report, said the rate was 9.1 percent, up from 8.8 percent in December.
David Seifman] * State Comptroller Tom DiNapoli's scary report about Wall Street shedding jobs is not surprising. [Nicole Gelinas]* * McMahon: NY's still too business-unfriendly(Newsday) Over 400,000 New Yorkers are unemployed
5. How Will NYC Fix Its Tax Base? According to the state comptroller's office, the most affluent 15,000 New York City households, or the top 0.5% of filers, accounted for 26.7% of the city's total income. The top 2,000 households, or 0.05% of filers, represented 18.9% of all income reported in the city. According to a report from the Independent Budget Office, the top 1% of New Yorkers pay 43% of city income tax, a statistic based on 2009 tax data.
After Writing Editorial After Editorial About the Candidates Ducking the Important Economic Realities Facing the City, the NYP Today About the Campaign Tells Which Team They Root for
Crime? Charter schools? Who cares. Who do mayoral candidates root for?(NYP) For weeks, the city’s mayoral candidates have talked about everything from charter schools to the minimum wage, but one burning question has gone unanswered — Mets or Yankees? City Council Speaker Christine Quinn, the Democratic front-runner, grew * New York's lightweight mayoral candidates - New York Post
Saturday True News Said Mayoral Candidates Making Fake Promises and Offer No Details on the Real Problems
None of the Candidates Talked About the MTA Funding Crisis, Rising Pension and Health Care Costs. True News said Show Us the Money to Pay for More Services Candidates Ignore Sequestration. Today we said
John Liu, echoing de Blasio, wants more transit funding from the feds is not going to happen in "sequestration Washington"
Today the Daily News Called it A Happy Talk Campaign With No Details On How to Solve the Real Problems
The big issues are sorely lacking in the Democratic mayoral campaign(NYDN Ed) Candidates squabble over minor matters Mad about school closures? We’ll be rid of them. Unhappy with police who stop and sometimes frisk people? That’ll go, too. Up against a mayor who refused to budge in a school bus strike? Just wait. The budging will start next year. To this point, Quinn, de Blasio, Controller John Liu and former Controller Bill Thompson have done little more than run against the supposed downsides of the Bloomberg way. Their plans for public safety, school achievement, clean streets, job creation, budget balancing and more are largely unknown. There’s been far too much happy talk. And that’s sad.
Cherry Pick Reporting on Mayoral's Race. . . . What Budget Gap
de Blasio and Manhattan Borough President Scott Stringer headlined a rally of stroller-pushing parents at City Hall Thursday urging Quinn to back the compromise sick pay bill. * 'Sick leave' bill a job killer(NYP) The bill would require larger businesses to offer workers nine paid days a year, with a doctor’s note required after three days. Employers with fewer than 20 workers would have to offer five days. With the coming city budget gap ($3 Billion) Chen did not ask de Blasio how he would not only close the financial shotfall, but make up additional revenue for the reduction in fines and taxes he is promising business and non profit leaders.
Mayorial Campaigning by Consultant Spin . . . Reports Print Press Releases As News
It is clear that Team Quinn is following the Obama campaign lead in reaching out to women voters
Abort-clinic escorts line up(NYP)Seventy volunteers have signed up to escort women past protesters at abortion clinics, city officials said yesterday.City Council Speaker Christine Quinn launched the effort late last week