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**He may also call a special session of the Legislature to propose reducing some of the record-high levels of spending that were approved as part of the state's new budget in April. **
I find this to be the most galling part of the article. They were all patting themselves on the back about passing the budget earlier than any other year. Then Bloomberg casually mentioned that it all could change based on different factors. I guess They “passed” the budget because they knew none of it was going to stick.
For those who think NYC is not affected. From the article
Services will be cut. A reason the city has improved is because of the relentless spending used to improve quality of life. Now this has to stop. Read the article again, basically this is as bad as its been in 33 years. 33 years ago, the city stopped services. You saw less police and bombed out trains. There is no difference now. The city is going to have police force down to 1992 levels. With this expect an increase in crime. If you people think that somehow NYC is foolproof from ever "declining" again then I would like to hear reasons for this so.
Till then, all the facts are pointing to a decline.
I think "pointing toward a decline" and plummeting into near bankruptcy and crime/drug invested neighborhoods are two different things. No one disagrees with you that the economy might be declining some, but it's a leap to say the city would revert back to the 70's.
ALBANY - Gov. Paterson, convinced the state faces its worst fiscal crisis since the mid-1970s, will deliver the grim news in an unprecedented special address to New Yorkers as soon as tomorrow night, The Post has learned.
The governor's address - which his aides hope will be televised by public and cable news stations - will say that plunging state revenues will force painful cuts in state services, necessitate a reduction in the state work force, possibly through layoffs, and require other difficult economic measures, source said.
Bad news for the city. They're going to have to cut back on a lot of services. These include police officers. Look for an increase in graffiti, even on the trains and a definite spike in crime.
It has come full circle. It was nice while it lasted but NYC is headed in a downward spiral with nothing to stop it.
I disagree completely. Some people long for a "doomsday to happen" in reference to the NYC economy. Tweeks may be needed here and there due to some cutbacks, but a full plunge off the cliff isn't happening anytime now or in the future.
Such a negative outlook, I think.
The economy of the state as a whole isn't exactly the same as the city's. New York City has been Albany's cash cow for quite a few years now. The city has actually been carrying the state.
This is why you get an immediate negative reaction from the media any time someone makes public noises about NYC seceding from NYS. The truth is, the state couldn't afford to let that happen. Conversely, the city would wind up with its own representation in Congress, and no longer be hamstrung by upstate politicians who, to put it charitably, don't usually have our best interests at heart.
If we're really going to go back to the 1970s, I think the only way to prepare ourselves is to watch The Warriors carefully and take as many notes as possible.....
Right now, a lot of people I know are working 2 jobs or going bankrupt. Everyone saying times is hard. I guess we're all just waiting on the next president and hope he/she will balance things out again
I can't say that everyone I know is working 2 jobs or going bankrupt..I think that is a bit extreme BXgear...but yes alot of people are struggling. But the reality is, there is a certian segment of the population, poor inner city people of color, whom have the same struggles int the good times and the bad..so it is nothing new or out of the ordinary for them to be struggling now. They were struggling before and will be struggling tomorrow.
That beign said....to believe that the 70s will recur is to believe that we are doomed to repeat history and that we have learned nothing from the past. I don't believe the city will allow itself to go down that road..and neither will the residents.
If we're really going to go back to the 1970s, I think the only way to prepare ourselves is to watch The Warriors carefully and take as many notes as possible.....
Yup, I can imagine burnt out shells all around Crotona Park again...
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