Moody’s downgrades NYC financial outlook to ‘negative’ citing budget deficit

[trumptman]

Moody’s downgrades NYC financial outlook to ‘negative’ citing budget deficit

Moody’s Ratings has projected a negative outlook for New York City’s finances, chalking it up to the city’s large and persistent projected budget gaps — and citing Mayor Mamdani’s plan to draw down fr...

www.yahoo.com

Moody's Ratings has projected a negative outlook for New York City's finances, chalking it up to the city's large and persistent projected budget gaps — and citing Mayor Mamdani's plan to draw down from reserves in order to balance the budget this year.

The negative outlook won't have any immediate impact on the city's borrowing abilities or bond rating, which remains strong.

But it serves as a warning shot to the city over its financial footing.

None of the numbers are adding up in blue cities and blue states.

NYC needs $5 billion more in revenue.
California needs to confiscate from billionaires.
Washington needs to tax millionaires.

All of it is never enough and in the case of all of them, the services, infrastructure and outcomes have all failed. Streets aren't safe from crime nor have the potholes been filled. People don't have health care or great educational outcomes. These are not shining cities on a hill with businesses and people flocking to them.

It is the opposite. People are fleeing and Democrats are all doubling down. We just need to failure harder and with more of your money and will push through to success at some point.

Seriously how much longer can this go on?

 

[marvin martian]

Moody’s downgrades NYC financial outlook to ‘negative’ citing budget deficit

Moody’s Ratings has projected a negative outlook for New York City’s finances, chalking it up to the city’s large and persistent projected budget gaps — and citing Mayor Mamdani’s plan to draw down fr...

www.yahoo.com

None of the numbers are adding up in blue cities and blue states.

NYC needs $5 billion more in revenue.
California needs to confiscate from billionaires.
Washington needs to tax millionaires.

All of it is never enough and in the case of all of them, the services, infrastructure and outcomes have all failed. Streets aren't safe from crime nor have the potholes been filled. People don't have health care or great educational outcomes. These are not shining cities on a hill with businesses and people flocking to them.

It is the opposite. People are fleeing and Democrats are all doubling down. We just need to failure harder and with more of your money and will push through to success at some point.

Seriously how much longer can this go on?

The warmth of collectivism burns everything in it's path.

 

[Invisibleflash]

Moody’s downgrades NYC financial outlook to ‘negative’ citing budget deficit

Moody’s Ratings has projected a negative outlook for New York City’s finances, chalking it up to the city’s large and persistent projected budget gaps — and citing Mayor Mamdani’s plan to draw down fr...

www.yahoo.com

None of the numbers are adding up in blue cities and blue states.

NYC needs $5 billion more in revenue.
California needs to confiscate from billionaires.
Washington needs to tax millionaires.

All of it is never enough and in the case of all of them, the services, infrastructure and outcomes have all failed. Streets aren't safe from crime nor have the potholes been filled. People don't have health care or great educational outcomes. These are not shining cities on a hill with businesses and people flocking to them.

It is the opposite. People are fleeing and Democrats are all doubling down. We just need to failure harder and with more of your money and will push through to success at some point.

Seriously how much longer can this go on?

 

[drudge X]

Moody’s downgrades NYC financial outlook to ‘negative’ citing budget deficit

Moody’s Ratings has projected a negative outlook for New York City’s finances, chalking it up to the city’s large and persistent projected budget gaps — and citing Mayor Mamdani’s plan to draw down fr...

www.yahoo.com

None of the numbers are adding up in blue cities and blue states.

NYC needs $5 billion more in revenue.
California needs to confiscate from billionaires.
Washington needs to tax millionaires.

All of it is never enough and in the case of all of them, the services, infrastructure and outcomes have all failed. Streets aren't safe from crime nor have the potholes been filled. People don't have health care or great educational outcomes. These are not shining cities on a hill with businesses and people flocking to them.

It is the opposite. People are fleeing and Democrats are all doubling down. We just need to failure harder and with more of your money and will push through to success at some point.

Seriously how much longer can this go on?

Democrats will keep on telling you diversity is great.

 

[Deplorable Yankee]

I think the free grocery store already closed down

 

[task0778]

Glad I don't live there. Or in the other large blue US cities, things are gonna get fugly.

 

[1srelluc]

Yeah, they leave....And take their voting habits with them.

17,516 people moved to Virginia from New York in 2022....So since things there are not any better a conservative estimate would be about 60K from then to now.....Almost exactly Spanberger's margin of victory which was 55K votes.

 

[drudge X]

This country is fucked beyond repair. I can’t wait until I retire so I can stay away as long as possible.

 

[task0778]

Yeah, they leave....And take their voting habits with them.

17,516 people moved to Virginia from New York in 2022....So since things there are not any better a conservative estimate would be about 60K from then to now.....Almost exactly Spanberger's margin of victory which was 55K votes.

History clearly tells us that those who do not learn from their mistakes are doomed to repeat them. And so it is with those dumbasses that left NY and brought their politics with them. You get the gov't you deserve.

 

[1srelluc]

History clearly tells us that those who do not learn from their mistakes are doomed to repeat them. And so it is with those dumbasses that left NY and brought their politics with them. You get the gov't you deserve.

You can predict what a person might do in the future by what they have done in the past.

 

[marvin martian]

I think the free grocery store already closed down

It got looted.

 

[Failzero]

The Cover for the Democommie Mishegoss that is provided by the MSM & DC Closet Progressive Swampers does not extend to the Economist realms

 

[BackAgain]

Moody’s downgrades NYC financial outlook to ‘negative’ citing budget deficit

Moody’s Ratings has projected a negative outlook for New York City’s finances, chalking it up to the city’s large and persistent projected budget gaps — and citing Mayor Mamdani’s plan to draw down fr...

www.yahoo.com

None of the numbers are adding up in blue cities and blue states.

NYC needs $5 billion more in revenue.
California needs to confiscate from billionaires.
Washington needs to tax millionaires.

All of it is never enough and in the case of all of them, the services, infrastructure and outcomes have all failed. Streets aren't safe from crime nor have the potholes been filled. People don't have health care or great educational outcomes. These are not shining cities on a hill with businesses and people flocking to them.

It is the opposite. People are fleeing and Democrats are all doubling down. We just need to failure harder and with more of your money and will push through to success at some point.

Seriously how much longer can this go on?

Once again a famous headline once was:

“FORD TO CITY: DROP DEAD!”​

 

[wamose]

This is why communists aren't in the financial advising business.

 

[1srelluc]

 

[Lockback]

Pro Tip:
Communism doesn't work.
The End.