Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > New York > New York City
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 03-11-2019, 02:17 PM
 
Location: NYC
20,550 posts, read 17,705,684 times
Reputation: 25616

Advertisements

Quote:
Originally Posted by ShirlMastic Beach View Post
We've become a one party system here in NYC. That should be much more alarming than political opposition.
We are a one party system, it's the same party running the country. When it matters it's only the business and the rich that gets their wishes taken cared of.

Trump wanted the wall but the big businesses don't want it.

Obama wanted the wall reinforced and Congress rejected it. That was supported by Senator Clinton and the Republican Congress rejected it.

Bill Clinton wanted to build a bigger wall and it was also rejected even by his own party.

We the people voted who we wanted for President but they are powerless against the one party that controls congress and the house.
Reply With Quote Quick reply to this message

 
Old 03-11-2019, 04:32 PM
 
Location: Bronx
16,200 posts, read 23,045,839 times
Reputation: 8346
Quote:
Originally Posted by OyCrumbler View Post
Your 45 year cycle was the great depression and the freefall of urban cities in the US in the 70s though really started since at least the 50s and running through to the early 90s in NYC though a decade or so longer in some of the other urban cities. The first one was obviously a national economic downturn. The latter was throughout even in the south and the west. The stats for those don’t look as bad for the most part because those cities often had much smaller urban cores and often physically included massive amounts of then undeveloped land that was suburbia but in, or eventally in through annexation, the city boundaries.

9/11 is an example of very localized damage though with larger ramifications. The great depression and large scale urban renewal and suburbanization policies were very much national.

There’s definitely very fair criticisms of the mayor and the governor both of whom are at the very least mediocre. However, the preparedness for an economic downturn which is what the couple of quotes in the article mention as the occasion where NYC will be faced with significant issues is almost certainly going to be an issue for cities throughout the US.
This article says otherwise.


https://www.city-journal.org/millenn...-growth-cities
Reply With Quote Quick reply to this message
 
Old 03-11-2019, 05:14 PM
 
8,373 posts, read 4,391,884 times
Reputation: 12039
I am cautiously hoping that something was learned from NYC in the 1970s and from Detroit. Tax collections are going to be bad this year... one possibility is Detroit redux, but the other possibility is fiscal tightening like in CA (ie, killing of welfare programs that cannot be funded - sorry, no more money). The second possibility could actually lead to a better quality of life in the city, as the welfare class would move on (seeing that there are no handouts like before), and the middle class (which actually pays taxes)could move to affordable homes. If you make NYC suitable for the middle class again, you get the same tax base that Western Europe has. A large middle class CAN actually fund some of the NY social fantasies that are impossible with a large welfare class.
Reply With Quote Quick reply to this message
 
Old 03-11-2019, 05:18 PM
 
15,590 posts, read 15,672,796 times
Reputation: 21999
Trump to City: Drop Dead!
Reply With Quote Quick reply to this message
 
Old 03-11-2019, 05:52 PM
 
766 posts, read 507,902 times
Reputation: 710
Quote:
Originally Posted by BlakeJones View Post
Basically property owners are on notice, you have 2, maybe 3 years to sell before it all goes to hell
This advice is only worth taking if a homeowner is heading toward retirement

If not, do NOT sell. After the recession prices jumped even further up once the economy got better.
Reply With Quote Quick reply to this message
 
Old 03-11-2019, 07:19 PM
 
Location: Earth
7,643 posts, read 6,478,770 times
Reputation: 5828
Quote:
Originally Posted by Wakanda18 View Post
This advice is only worth taking if a homeowner is heading toward retirement

If not, do NOT sell. After the recession prices jumped even further up once the economy got better.

if property takes a nose dive, I will hold and maybe refinance. I'd also look to buy more.
Reply With Quote Quick reply to this message
 
Old 03-11-2019, 09:28 PM
 
15,854 posts, read 14,479,382 times
Reputation: 11948
If the economy tanks, and theven city can't cover it's budget, a future mayor can cut 100-150,000 marginally necessary city employees.
Reply With Quote Quick reply to this message
 
Old 03-11-2019, 11:25 PM
 
3,771 posts, read 1,524,054 times
Reputation: 2213
Quote:
Originally Posted by OyCrumbler View Post
Why would I want her for president? I think I'd go for a better choice if offered. Also, what's up with those b's and n's, right?

LMAO, you think???
that says it all.
Reply With Quote Quick reply to this message
 
Old 03-12-2019, 12:02 AM
 
25,556 posts, read 23,975,910 times
Reputation: 10120
Quote:
Originally Posted by Wakanda18 View Post
And you have some politicians wanting to take on the debt of the MTA?

That’s why Cuomo and De Blasio was crying for Amazon to come, they love spending and need more money to spend.

And no we aren’t heading backs to 1970s NYC, there is too much wealth concentrated here now. If anything De Blasio or the next mayor during a recession will just have to make crazy cuts to the pet projects they love. So no more or limited one shot deals, lawyers for all tenants, no healthcare for all, etc. these social programs will be the first to go. Raising taxes during a recession will never happen
If you believe recessions will get rid of one shot deals or other social spending I have a bridge in Brooklyn to sell you.
Reply With Quote Quick reply to this message
 
Old 03-12-2019, 01:22 AM
 
31,910 posts, read 26,979,379 times
Reputation: 24815
Quote:
Originally Posted by NyWriterdude View Post
If you believe recessions will get rid of one shot deals or other social spending I have a bridge in Brooklyn to sell you.
More comments from the peanut gallery all the way from sunny Spain.


For your information, and if the past is any guide, then yes all those social benefits are the first things city cuts when finances hit rough patches.


It just makes sense when having to make decisions about what to cut out of a budget you get rid of the easiest things first. Far quicker and easier to remove or cut back social benefits than begin laying off NYC employees.


Right now money is still rolling in so BdeB doesn't need to make any major decisions yet; so is going for a balanced approach to the 2020 budget. https://www1.nyc.gov/site/omb/public...plan02-19.page


Looking for savings while still increasing spending in part to keep this charade of NYC being "the most fairest city in the country". By that he means playing at Robin Hood; taking from those that have and giving to them that don't.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:




Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > New York > New York City

All times are GMT -6. The time now is 09:41 PM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top