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Mamdani balanced the NYC budget (lemmy.zip)
submitted 6 months ago by to c/progressivepolitics@lemmy.world
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[–] 8 points 6 months ago (3 children)

You mean city employee pensions. That is roughly 750,000 people. Id rather the pension lose city contributions than multiple programs that effect the average NYC tax payer.

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  • [+] 1 point 6 months ago (2 children)
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  • [–] 2 points 6 months ago (1 child)

    Your sarcasm is too vapid. You need more wit. The employee is still contributing. The pensions are 84% funded which is well above the avg pension program. And the city will continue contribution after correcting the sabotage Adams caused.

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  • [–] 2 points 6 months ago

    It's kind of amazing how many people don't understand that requiring excessive pension liquidity is a conservative strategy to kill tha viability of pensions. Relentless conservative media has completely broken us.

    Conservatives will tell you that tax breaks for the rich pay for themselves through growth, but government pension funds can't be invested in infrastructure for the same reason.

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