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re: Mamdani inherited a $12 Billion budget deficit and already has it to zero.

Posted on 5/13/26 at 9:54 pm to
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
54703 posts
Posted on 5/13/26 at 9:54 pm to
Do you honestly believe this
Posted by stout
Porte du Lafitte
Member since Sep 2006
182285 posts
Posted on 5/13/26 at 9:55 pm to
NYC got an $8 billion bailout from the state then moved some money back on the books by delaying pension contributions, essentially borrowing against the future

There is a law that NYC must balance the budget every year so they do this creative accounting every year. Every mayor of NYC has had a balanced budget

He didn't do shite
This post was edited on 5/13/26 at 9:59 pm
Posted by TROLA
BATON ROUGE
Member since Apr 2004
14740 posts
Posted on 5/13/26 at 9:56 pm to
Are you trolling or stupid. He didn’t make the money appear by farting into the wind..

This is exactly why you can’t bail out insanity. You only make them think they’re right..
Posted by danilo
Member since Nov 2008
25699 posts
Posted on 5/13/26 at 9:59 pm to
I love hearing Tammy from Livingston’s views on New York politics
Posted by SingleMalt1973
Member since Feb 2022
24329 posts
Posted on 5/13/26 at 10:00 pm to
An actual Oyster PoBoy is smarter than this.
Posted by OWLFAN86
Erotic Novelist
Member since Jun 2004
196554 posts
Posted on 5/13/26 at 10:04 pm to
If Trump's new Fed Chair lowers the interest rate, Which is expected

New York City is gonna get loans to pay off the old debt, gain newer debt at a lower rate and claim they've repaid the debt


Oyster will celibate
Posted by Patfic15
Baton Rouge
Member since Sep 2018
4358 posts
Posted on 5/13/26 at 10:04 pm to
Waist.....
Posted by junkfunky
Member since Jan 2011
36320 posts
Posted on 5/13/26 at 10:06 pm to


This thread got funnier as it went along. Thanks for the laugh OP.

Whoa, OP could mean original poster or oyster poboy.

This post was edited on 5/13/26 at 10:13 pm
Posted by stout
Porte du Lafitte
Member since Sep 2006
182285 posts
Posted on 5/13/26 at 10:10 pm to
quote:

New York City is gonna get loans to pay off the old debt, gain newer debt at a lower rate and claim they've repaid the debt



What they did today stretches their obligation all the way to 2044

Unless they can generate more revenue going forward, this will snowball.

It's why so far Mamdani has been told no to all of his socialist ideas, such as free buses. That is why he is trying so hard to create new taxes to fund his ideas, because NYC can barely afford its obligations as it is
Posted by holdmuh keystonelite
Member since Oct 2020
4646 posts
Posted on 5/13/26 at 10:11 pm to
I see you didn't mention the 4 billion that was donated among other things that is not said to help get it there.
Posted by Havoc
Member since Nov 2015
39251 posts
Posted on 5/13/26 at 10:11 pm to
Check the source. From what I saw it’s like Democratic Underground or some such shite.
Posted by Klark Kent
Houston via BR
Member since Jan 2008
74849 posts
Posted on 5/13/26 at 10:12 pm to
if this isn’t a joke, it’s embarrassing bro.

ask the admins to delete it with the quickness
Posted by Havoc
Member since Nov 2015
39251 posts
Posted on 5/13/26 at 10:13 pm to
You are one stupid cocksucker.
Posted by ReauxlTide222
St. Petersburg
Member since Nov 2010
91475 posts
Posted on 5/13/26 at 10:13 pm to
I think what he’s doing is refreshing.

He doesn’t hide his motives or even tactics. I’m pretty sure he does what I’d like all politicians to do, and stands in front of a board and shows where he has to take money from and owns it.

It’s up to the people who live there to judge whether they like living under this type of government or not.
Posted by CR4090
Member since Apr 2023
9471 posts
Posted on 5/13/26 at 10:15 pm to
Posted by DarkDrifter
Louisiana
Member since Aug 2011
5706 posts
Posted on 5/13/26 at 10:15 pm to
quote:

he’s onto something.


Uhhh , he got a bailout from the state. Only thing he’s onto is the NY taxpayers pocketbooks making him look like a genius. Anyone with a brain cell can see that it’s absolute horseshite
This post was edited on 5/14/26 at 9:07 am
Posted by Klark Kent
Houston via BR
Member since Jan 2008
74849 posts
Posted on 5/13/26 at 10:16 pm to
this is the equivalent of saying, “I balanced my household budget,” because I paid the mortgage with a cash advance, skipped my 401k contribution, and convinced my parents to cover the electric bill.

hopefully even the dumb NY Liberals realize this is nonsense
Posted by go ta hell ole miss
Member since Jan 2007
14674 posts
Posted on 5/13/26 at 10:16 pm to
quote:

He raised taxes. He created new taxes. He was given millions by the governor.


It’s actually billions, not just millions. And deferring $850 million in debts owed by the pension funds until 2040.

The effects of Mandami will be felt long after he is out of office.
Posted by Weekend Warrior79
Member since Aug 2014
21729 posts
Posted on 5/13/26 at 10:16 pm to
quote:

He raised taxes.
He created new taxes.

Great way to balance a budget. Just increase a revenue stream and then add a new one. Now the tricky party is meeting those anticipated numbers
Posted by Rza32
Member since Nov 2008
4564 posts
Posted on 5/13/26 at 10:19 pm to
quote:

He was given millions by the governor.


You mean Billions?
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