So extremely glad seeing him succeed. I’ve had to argue with almost everybody on the political spectrum that giving him a chance and supporting him was the right move. Most leftists love him but some of our more jaded people were already writing him off.
this post was submitted on 16 May 2026
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This can't be real... for real? He has been in office for... 3 months?
Coming up with a budget is usually one of the first things you do. Sticking to it when, like, a sewer tunnel collapses unexpectedly or something is a whole other thing, but just having a plan to break even in the first place is ~~below par~~ better than average for his office.
e; well that turn of phrase was not a home run
Why is it "below par"? They were 16 billion in debt and got out of it within 5 months. Did any republican mayor achieve that in NYC?
Below par is good.
Really depends. If you're a golfer, sure. I'm not, so it's bad
worse than usual, or below the expected standard:
Customers who were surveyed reported that the company's products are expensive and below par.
par = standard. below par = below standard.
No, you're right, golfer or not it means bad. I was just saying I think that's what they meant. I should have been more clear, my bad.
Only in golf. In English, below par means below average.
Kiteo his eyes closed!
Assuming you meant above par, since this isn't golf
What, how?
Unfortunately a big chunk of that is by just not paying into pension programs. People are still getting paid their pensions, but money is not going into the pension fund for future payouts. To me it feels like a dangerous kicking of the can down the road.
Looks like unfunded pension liabilities, a legacy measure he's inherited, account for about 13% of the budget balance this year, 1.6 out of 12 billion.
Having read up on his measures, some of them are and can be future liabilities if not addressed, but the outsized personal vitriol levied at mamdani in these articles with the simultaneous admission from detractors that even if none of those future liabilities are addressed he's still projected to reduce the NYC deficit by 30% by his second year make the criticisms ring personal rather than professional or political.
I'm pretty interested in seeing what next year looks like now.
There were a bunch of compromises, but a lot of the budget closures came from cleaning up corrupt nonsense from past mayors, state obligations that governors had pawned off on the city, and the tax on wealthy second homes.
It isn't the perfect situation to be in, but it's a whole lot better than anything they've had before, and it can technically be called a balanced budget, something nobody else could pull off. And best of all, they did it without raising taxes on the people, or cutting services, something the wealthy insisted was impossible.
A Balanced Budget is the first step, and now that the city is on somewhat solid footing, it can use future tax revenues to shore up their position even better, address some the compromises they had to make, and build on their successes.
Or we can just invent all kinds of fantasies why the Socialist mayor's obvious successes are really failures.