Sunday, February 3, 2013
Word of the year
From the NY Post:
Beyond suggesting that a secretive force of “elites” is responsible for making life here too damn expensive, the pols are promising additional subsidies for more people. From housing to child care to transit, they’re saying that, as mayor, they would make life cheaper for nearly everybody else by taking more money from a few wealthy taxpayers.
In their dreams. If higher taxes and more subsides were the key to affordability, the problem would have been solved long ago.
City tax revenues have nearly doubled, from over $21 billion a year to more than $42 billion, since Bloomberg took office. How much more in taxes and spending do the candidates think it will take to keep their promises of “affordability?” And who is going to pay those taxes?
Trust me — they don’t have a clue, because they’re on a false goose chase. More subsidies for some will chase others out of New York and lead to more poverty for many who stay.
Here’s an offer to the candidates: A Truth in Promises award goes to the first one who plants a money tree and vows to use its fruit to make Gotham more affordable. If the tree fails to bloom with $100 bills by September, the winner agrees to go to Plan B — cutting government spending to a level that New Yorkers can afford.
Do we have a deal?