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Commentary By Ken Girardin

Zohran Mamdani’s Budget Boondoggle Could Sink New York City

Cities, Economics New York City, Progressive Policies, Tax & Budget

Photo by TIMOTHY A. CLARY / AFP via Getty Images

The mayor will have to confront the gap between his vision for democratic socialism and a functioning

This week, U.S. Senator Bernie Sanders, America’s perennial socialism-salesman, lauded New York City’s Zohran Mamdani, saying the new mayor had “inherited a huge budget deficit” and “brought it down to zero,” while still boosting spending.

Sanders and others have been quick to cheer Mamdani’s plan to balance the $125 billion city budget, which still must be approved by the City Council. But these boosters, quite conveniently, avoid getting into the details. That’s by necessity. Closer inspection reveals how much New York City’s problems were of its politicians’ own making — and the extremes to which they’re going to avoid making hard choices.

Mamdani, with great alarm, announced in January that the city faced a budget crisis. The city’s looming fiscal crunch was hardly news; state officials had been warning about it for many months.

Continue reading the entire piece here at the Daily Wire

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Ken Girardin is a fellow at the Manhattan Institute.