Tuesday, February 12, 2013
Quinn makes City unlivable then spends tax money to fix it
From DNA Info:
City Council Speaker Christine Quinn vowed to build 40,000 affordable, middle-class apartments over the next 10 years during her final State of the City speech as speaker Monday.
Quinn, who is widely expected to officially launch her bid for mayor soon, described the initiative — which was one of a series designed to bolster the city's middle class — as “the biggest commitment to middle class affordability that this city has seen in two generations."
“We face an affordability crisis in our city,” Quinn told the audience gathered in the City Council chambers. “We need to make sure that the people who want to stay in our great city can afford to stay.”
Quinn said she would pay for the effort through a combination of government efficiencies and more debt, arguing that borrowing was "the right move at the right time" because of record-low interest rates.
“This is a once-in-a-lifetime opportunity to invest in our middle class,” she said.
Who pushed through the rezonings that caused the City to become even more unaffordable to the middle class?
You did. Didya think we forgot about that?