New York State is hurtin' for cash and Governor Patterson is moving fast, calling the state legislature into special session and urging some serious budget cuts. Wall Street is in the tank and those mega-bonuses which basically keep the city and state economy afloat have taken a serious dive this year -- all that tax revenue they generate is nowhere to be found.
Looks like the red ink will be flowing in abundance up in Albany.
Gotta hand it to our new Guv -- he's being upfront about the problem and tackling it head on, not wasting time. For a blind guy, he sure can see ahead and urge a new course. Not many politicians are that brave.
Of course the real problem is and always has been that NYC sends vastly more money to the federal government than we get back in services or grants. We are a "donor" city and get back only cents on every dollar we send down to Washington. We could probably fix these state budget shortfalls in a second if the federal government just gave back more of the money it steals from us each year! Our money is wasted on "bridges to nowhere" and pork barrel projects in "red states." Politicians like Senator Ted Stevens -- who's just been indicted! -- basically rob NYC blind.
It's an outrage but sadly it won't stop anytime soon. In the meantime, we New Yorkers have to tighten our belts and bend over. Ugh ...
Looks like the red ink will be flowing in abundance up in Albany.
Gotta hand it to our new Guv -- he's being upfront about the problem and tackling it head on, not wasting time. For a blind guy, he sure can see ahead and urge a new course. Not many politicians are that brave.
Of course the real problem is and always has been that NYC sends vastly more money to the federal government than we get back in services or grants. We are a "donor" city and get back only cents on every dollar we send down to Washington. We could probably fix these state budget shortfalls in a second if the federal government just gave back more of the money it steals from us each year! Our money is wasted on "bridges to nowhere" and pork barrel projects in "red states." Politicians like Senator Ted Stevens -- who's just been indicted! -- basically rob NYC blind.
It's an outrage but sadly it won't stop anytime soon. In the meantime, we New Yorkers have to tighten our belts and bend over. Ugh ...
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