Author Archives: Reggie
In The Good Years, Take From NYC. In The Bad Years, Take From NYC.
The 1st lesson of Economics 101 is the rule of scarcity: An economy is faces with limited resources but unlimited wants and needs for these resources. But what happens when you have someone each year taking more and more of your resources? This is the dilemma New York City faces again.
The worst kept secret in state and city relations is we have given billions more to the State coffers than we receive back. We have essentially bailed out the… Read More
Tagged budget, mike bloomberg, new york city
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