Federal aid could make some of the cuts less severe. But Cuomo will try to do the large majority of them anyway. It's his chance to be the austerity governor he has always wanted to be.
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Andrew Cuomo plans to slash New York's budget by $10 BILLION. This is going to cripple counties across the state. Cuomo has pursued no revenue raisers to attempt to close even some of the shortfall. Austerity is here.
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Those that inflated Andrew Cuomo's reputation during the COVID-19 crisis should spend some time talking to all the people who are about lose their jobs.
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Let me be clear: stuff should get cut. There is bloat and waste in the state budget. Cuomo has economic development boondoggles and the MTA wastes money. But Cuomo is trying to cut far deeper, crippling school aid and social services
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Austerity is a downward spiral because cuts just put large amounts of people out of work during an economic crisis. Demand falls. Recovery slows.
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Revenue raisers? You can't raise taxes in the middle of a crisis. That will only hurt the economy more and lead to less revenue.
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Maybe you've heard of 9/11? It's been done. Economy recovered
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The answer isn't to raise revenue or to cut the state budget. The answer is to do both, because the situation is that dire. That goes double for NYC.
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Please explain, because that seems entirely wrong. Cutting the state budget pumps less money into our economy at a time when we are all suffering due to too little private sector spending. Agreed that the situation is dire, but seems clear that your remedy will make it much worse
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Cuomo is the worst
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Wydaje się, że ładowanie zajmuje dużo czasu.
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