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re: Mamdani inherited a $12 Billion budget deficit and already has it to zero.
Posted on 5/14/26 at 6:59 am to OysterPoBoy
Posted on 5/14/26 at 6:59 am to OysterPoBoy
This is a very good troll thread
0
Posted on 5/14/26 at 7:01 am to Klark Kent
I wonder which of the enlightened OT Moderates spammed that RA to get this thread moved to the PB once things started going downhill for their boy Mamdani.
Posted on 5/14/26 at 7:02 am to AUJACK
Grammar and spell check police giving lectures is so cringe. 
Posted on 5/14/26 at 7:02 am to OysterPoBoy
quote:
Mamdani inherited a $12 Billion budget deficit and already has it to zero.
Anyone who believes this, I've got some ocean front property to sell you in Utah.
What did NY state chip in, 8B?
Posted on 5/14/26 at 7:03 am to Lsut81
Got bailed out stole from a pension and turned a 5 billion into a 12 in the first place
Posted on 5/14/26 at 7:05 am to Enzos Tiny Pito
quote:
Got bailed out stole from a pension and turned a 5 billion into a 12 in the first place
Haven't looked, but know NY State chipped in 8B to help, but did Maldani still raid the rainy day fund and pension fund?
Posted on 5/14/26 at 7:18 am to NIH
quote:
Do you agree with Mamdani on urban governance?
It isn’t clear yet what he’s actually doing in many areas.
However, on the issue in this thread, when a local politician gets money from state or federal grants, they can either use it to pay the bills or they can treat it as free unencumbered money to go into new spending. Mandani is putting money to the payment of bills. I absolutely agree with that idea on urban governance.
This post was edited on 5/14/26 at 7:20 am
Posted on 5/14/26 at 7:19 am to OysterPoBoy
quote:
Mamdani inherited a $12 Billion budget deficit and already has it to zero.
No he doesn't. He got a bailout from the state. It's a bandaid, not a cure.
Posted on 5/14/26 at 7:21 am to imjustafatkid
quote:Exactly.
No he doesn't. He got a bailout from the state. It's a bandaid, not a cure.
quote:
But the budget is hardly a symbol of fiscal rectitude. It relies on billions of dollars in one-shot or short-term money to fund permanent programs, it stretches out pension payments so the next generation will pay for the retirements of present-day workers and it projects a $7 billion deficit for the 2028 fiscal year that will need to be closed just one year from now.
From
LINK https://www.thecity.nyc/2026/05/12/as-mamdani-pulls-budget-rabbit-from-hat-watchdogs-fret-over-one-shots/
Posted on 5/14/26 at 7:23 am to TygerTyger
quote:
As someone else said, an actual oyster poboy is smarter.
I think the OP has a brain eating amoeba from eating raw oysters.
Posted on 5/14/26 at 7:29 am to i am dan
quote:
He was given BILLIONS by the governor.
Fixed. Also, the remaining “balancing” was done by increasing their estimated returns on taxes. They conveniently did not include estimates on loss of revenue by pushing those dirty billionaires out of the city. This is setting up for a huge downfall
Posted on 5/14/26 at 7:31 am to TBoy
Do you agree with his budget?
Posted on 5/14/26 at 7:38 am to OysterPoBoy
His 'smile' evokes images of the devil himself. 
cannot stand that mask. :yack:
cannot stand that mask.
:yack:
Posted on 5/14/26 at 7:42 am to OysterPoBoy
And a complete and total lie. First it was a 4 year budget PROJECTION. Second the state of New York bailed them out.
His policies did NOTHING. He was bailed out of a nonexistent deficit number.
His policies did NOTHING. He was bailed out of a nonexistent deficit number.
Posted on 5/14/26 at 7:46 am to Archives
quote:
Undoubtedly, the accountants that crunch these budget numbers have a keen interest in making them look good.
Wut? There are accounting standards and if the accountants are "making them look good" that usually means some flavor of fraudulent reporting and the accountants could get themselves into trouble.
What incentives do the accountants at the NYC budget office have to lie outside political pressure from the Mayor himself?
Posted on 5/14/26 at 8:01 am to NawlinsTiger9
Mamdani is non white so of course you believe it, it’s what you do you can’t help yourself
Posted on 5/14/26 at 8:07 am to jizzle6609
quote:
The governor gave him millions from the state and he’s already pulled from the teachers retirement or said he was going to.
Last I heard the state gave him billions. Does this mean NYC must pay it back like a payday loan or was it a gift from the democratic governor of the state?
Posted on 5/14/26 at 8:07 am to OysterPoBoy
$8B from state this year and another $8B from the state next year. A tree stump could balance the budget with that.
Posted on 5/14/26 at 8:12 am to i am dan
He didn’t cover 12 billion.
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