Socialism works.
>>535137620Retard
>>535137620he did it by pushing back pension paymets for a decade and getting 8 billion from the governor
>>535138182May I see the source on that?
he established a federal reserve and printed money?
Yes you can be financially sound if you stop contributing to your 401k and begging your parents for money.
>>535137620he's not a socialist.Wjhat has he nationalized?He just has a slight moral compass
>>535138182Im also curious for the source here
>>535137620He's an evil meanie doodoohead!
>>535137620>reddit screencap of a twitter screencap of a retweetYou should be flayed alive and thrown in acid. I'm not joking.
>>535138231>>535138310https://thechiefleader.com/stories/through-state-funding-new-tax-pension-payment-restructuring-mamdani-balances-budget,56625
>>535138182>"OH MY GOD SOMEONE IN CHARGE USED THE RESOURCES OF THE STATE TO PAY DOWN DEBT FUCK"
>>535137620>still hasn't heard about the measures that will bring that deficit to 0$It's going to be a bad few decades for corporations and property owners kek
He eats rice with his hands
>>535138308>He just has a slight moral compasslol
>>535138590>i balanced the budget!>by taking from the rest of the state!it isn't the flex you think it ishttps://www.usatoday.com/story/news/2026/05/12/how-mamdanis-new-budget-plan-relies-heavily-on-hochuls-help/90046506007/
>>535138590The state has no resources. The money isnt real
>>535137620it's like taking out a loan to pay off your debt then going around saying you're debt free.
>>535138590>take taxes from the poorest areas of the state to fund the most wealthy area of the statepeak neo-liberalism
>>535137620>mmm that jew saying "socialism is bad" probably is completly honest and not just lying to not pay taxes!/pol/ is so fucking retarded
>>535138590You didnt get rid of the debt though, you just kicked the can down the line. Why do you guys have zero understanding of how this shit works
>>535138669>right wingers say socialism is just taking money from other people and doesn’t pay for itself>erm acktually >proves it not even 6 months after becoming mayorL M F A OMFAO
>>535138182So kicking the can down the road and hoping pensioners die. Got it.>socialismMamdani is literally just another post Reagan politician. Being a deficit hawk, and bragging about it as an achievement, is very typical of any Democrat politician who is trying to pivot to the "center" and portray himself as a "pragmatist" who is worthy of higher office.Call it what you want, but that's not socialism.
Epstein's son is an amazing mayor.>His wife is hot
He literally presented a budget which is effectively a spreadsheet showing how he plans to close the gap. It's a paper balance. The calc isn't based on future growth or similar it's based on assumptions and one off taxes. Kicking the can down the road.
>>535137620>Micah Erfanbeen seeing this little kike get pushed all over insta in the last 2 weeks
>>535138939im more annoyed he didn't open gassing camps for kikes but his claim of balancing the budget is like you said just talk. same with gassing kikes, all talk no action. very disappointing. and the state still needs to vote on the pension fuck off and state bailout so i wouldn't be surprised if they don't do it and this whole week of bragging is for naught.
>>535138881If the deficit is zero what debt does he owe?
>>535138182Technically if New York state has an extra 12 billion in deficit it isn't NYC's though. I'm sure everyone else is tickled pink picking up the city's tab. This dude became mayor and literally hit everyone else in the state with the ol' "left my wallet in my other pants" routine
>>535138231Your reply to>>535138526?The FY 2027 Executive Budget presented by Mayor Zohran Mamdani represents one of the most significant departures from traditional municipal finance in the history of New York City. Facing a self-inflicted $12 billion deficit—driven by radical expansions in social spending and an ideological refusal to implement austerity—the administration has secured its balance sheet through two primary "accounting gimmicks": a massive $8 billion extraction from state taxpayers and a $2.3 billion "pension smoothing" maneuver that effectively raids the retirement security of municipal workers to fund current operations.The Anatomy of the $12 Billion GapBy early 2026, the Mamdani administration was forced to reconcile its campaign promises with the hard reality of a $12 billion shortfall. While the administration points to "structural gaps" and "underbudgeting" by the previous Adams administration, critics argue the deficit was fueled by the current Mayor’s refusal to scale back pandemic-era emergency programs and the rapid implementation of universal programs without recurring revenue streams.Rather than implementing a standard "Program to Eliminate the Gap" (PEG) to reduce city agency waste, the administration chose a "Robbing Peter to Pay Paul" strategy. This approach relies on two pillars: the $8 billion "State-City Accord" and the reamortization of pension liabilities.Pillar I: The $8 Billion State ExtractionThe centerpiece of the deficit-closure plan is a staggering $8 billion in support and authority granted by the New York State government. From a fiscal conservative perspective, this is not "aid" in the traditional sense, but a political bailout that shifts the burden of NYC’s fiscal mismanagement onto the broader New York State tax base.1. Direct Taxpayer Subsidies ($3.2 Billion)The state has committed over $3 billion in direct funds to cover costs that the city has failed to manage locally. T
>>535139252Verified SourcesFiscal/Right: Manhattan Institute - The "Socialist" Budget and the Erosion of NYC's Fiduciary Duty.https://media4.manhattan-institute.org/wp-content/uploads/socialism-on-the-hudson.pdfEconomic/Alt-Left: Money on the Left - Challenging the Deficit Narrative: NYC's New Fiscal Paradigm.https://moneyontheleft.org/2025/10/Institutional/Legal: Brooklyn Law School - Pension Reamortization: A Comparative Legal Analysis of Municipal Debt.https://brooklynworks.brooklaw.edu/cgi/viewcontent.cgi?article=1677&context=jlpAcademic/Socialist: CUNY Academic Works - Budgeting for the Many: The Mamdani Executive Plan.https://academicworks.cuny.edu/cgi/viewcontent.cgi?article=7700&context=gc_etdsCenter-Left/Legal: Michigan Journal of Law Reform - State-City Relations and the $8 Billion Accord.https://repository.law.umich.edu/cgi/viewcontent.cgi?article=1065&context=mjlr_caveat
>>535139228>New York City taxpayers contribute more than half of the state's revenue, including 58.7% of New York State's income taxes. However, the city receives a smaller portion of state expenditures compared to what it contributes.That was their money to begin with, now they’re just taking it back instead of giving it to rural leeches who don’t contribute
>>535139198It's a forecast. And running at a deficit and any actually debt owed are two different things.
>>535137620They just lie and expect people to believe it.
>>535139349>58So he has a 6 billion deficit? Or did he take more than the percentage he payed? Does NYC get nothing from the state? Seems like cope brochacho.
>>535138510He should be banned from ever sucking cock again. That's worse torture for OP.
>>535139569>NYC subsidizes the rest of the state and pays more than it receives for decadesApparently not socialism and not bad according to you >the situation flips around a little bit, now the rest of the state has to contribute back to the place they had been leeching from for decadesAwful, rampant socialism, theft.
>>535138231https://www.youtube.com/watch?v=hGxVMIw9rlE
>>535138651Our choices are giving it away to the American people and illegals, or to Israel. If we're going to a debt death spiral, we might as well benefit from it.
>>535137620>>535138182Supposedly the $12 billion was exaggerated too.We must let this play out though, let any failures be seen.
>>535137620Argentinians are seeting while scrapping the trash for food! Israel just put a bounty on his head. Shapiro had a stroke.
>>535138669New York State exists to serve the City. It would be an irrelevant shithole like Ohio without it. The mayor is more important than the governor in NY.
>>535138182Shouldn’t state taxes be used to help people? NYC contributes $80bn a year. Why shouldn’t they be given $8bn to clear the deficit and make everyone’s lives better? Should that money have went to Israel instead?
>>535139968>Should that money have went to Israel instead?Unironically, their answer is yes.
>>535138939Is that why Trump increased spending?
>>535137620He followed the Republican game plan of reducing government spending and getting a bailout.
