Photo credit: @julesdwit.
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New York City Public Advocate, Bill de Blasio discusses his proposal to use pension funds to create local jobs as well as his potential candidacy for mayor.
I tried to find someone besides Mr. de Blasio who feels that California's financial policies should be examined, let alone receive favorable comment.Alas this was the most common type of comment:
"Margaret Thatcher once famously pointed out the core problem of socialism: 'They always run out of other people’s money.' California has been intent on demonstrating exactly what Thatcher meant with its highly progressive income-tax system that relies heavily on hitting the higher-income earners to fund their government. As the state has been discovering for the past few years, it’s a recipe for amplifying disaster in an economic downturn: . . . ."
(Of course you can feel free to post favorable views of California's economic policies.)
What was Mr. de Blasio's knowledge of the Quinn led City Council embezzlement scheme and did he receive publicly funded legal representation in the investigation of the scandal. And is he a "member"-"donor" to WNYC?
I think that the Real Industry MUST be reined in. Few companies will move here because of the obscene commercial rents. Wouldn't it be nice to have the garment industry back. Lower commercial rents and more affordable housing so that the industries can have apartment for their unskilled workers to live. If employers don't have to pay such rents they can pay their employees more. Other industries might move here as well.
To use pension funds the way the guest suggests is rediculous. Basically, many of the funds are protected by the state constitution, so if whomever makes the decision makes a poor one, the tax payer is on the hook. This is just a tax by a different name.
How about a number? A range? If $8 bn is unaffordable, what number is. If we know that, we know how much these pensions need to be cut. [I'll faint if any politician would commit himself to any sort of specificity].
Continuing from the last topic overlapping here, I've benefited from affordable housing in a beautiful bldg (80/20), helps me to pursue life as a performing artist, getting work as a temp to survive is harder than ever still so just signed up to get food stamps, and gov't FHP (health ins) as my unemployment dropped after extended benefits. Feel very lucky to have these programs while job hunting harder than ever for a day job with my temp skills as unemployment may run out in the spring!
Transit is a huge issue, and I feel all the big capital projects are so manhattan centric (ESA, SAS, 7 train extension). And if it's going to be that way, at LEAST can we have a first rate connection to our airports? Our transit as it stands needs to reflect the current projections of our populations and changes in business corridors...Any chance on looking into any alternate transit for the buses that were eliminated? Can't the city gain control or at least more input into the mta? At least the portions that are within the cities boundaries.
Where does Mr. de Blasio stand on the post office closings in the city?
What is this fluff…..a free campaign ad on public radio for Bill de Blasio?It’s no secret that he is planning to run for mayor in the next election.You can be sure that his “plan to create jobs” is a plan ultimately paid for by all of the rest of us with our income taxes, sales taxes and other money from our pockets.
And why is the “Public Advocate” ... (A largely ceremonial office invented in 1993 with a big expensive staff that was projected to eventually be abolished.) ... involving himself in concocting a jobs scheme anyway? This P.A. gig is evolving into a muckraking platform for ambitious politicians to build resumes of “social justice” and advance their political careers on our dime.
Shame on you for enabling this baloney, Brian.
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