From the NY Post:
After weeks of issuing dire warnings that large-scale layoffs are coming, Mayor Bloomberg declared yesterday that when the numbers are finally released next week they'll be "very painful."
He offered no specifics, but indicated there's not much hope of a reprieve once his $65.6 billion executive budget for fiscal 2012 is made public May 5.
The mayor laid the blame on Albany and Washington, which he asserted had left the city with about $3 billion less in aid than it needs and was counting on.
He suggested that demonstrators planning a massive rally on Wall Street May 12 to protest his budgets cuts would be better suited directing their anger at the state and federal governments.
"New York City has to balance its budget by law," he said. "We will go ahead and do that, you can rest assured. And it will be very painful because we have a lot less money, which means a lot fewer people."
Hizzoner added, "What we have to do is decide will it be fewer cops, fewer firefighters, fewer teachers, fewer this, fewer that."
How about fewer tax breaks for developers? Why are people up in arms about GE not paying taxes, but seemingly have no problem with Forest City Ratner or the Related Company getting free land and sweetheart tax deals like this one?