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DiBlasio To Axe 22,000 NYC Gov't Employees
Even better (or worse, at least for NYC) - this looks permanent and probably more of it'll happen down the road. Either way, they're fucked... [Forbes via Insty] - New York City may lay off tens of thousands of municipal workers. Even with this massive downsizing, it won’t be enough to stem the financial hemorrhaging plaguing the city. The Wall Street Journal reported that roughly 22,000 government workers need to be let go to close a $9 billion deficit that continues to grow. The $9 billion number's wrong - 9,000,000,000 / 22,000 = $409,090.90 for an average salary in the NYC hackerama. That kinda jumps out, doesn't it? New York City Mayor Bill de Blasio said about the dire situation, "Here is a way to think about it—for every hundred million dollars in city budget—that’s about 2,200 city employees, on average." He added, "To close a $1 billion dollar gap would mean laying off 22,000 city employees, which is a staggering number." New York has about 330,000 municipal workers. That's more like it - $45,454 for an average salary. May I recommend a few courses in B-School for the intrepid journalists here? For several months, New York City held the unwanted title of America’s epicenter of the Covid-19 pandemic. Similar to other large cities, businesses were ordered to close and residents told to stay indoors. New York heavily relies upon its bustling commerce, entertainment and social activities to draw in and keep people. Without restaurants, concerts, museums, sporting events and people commuting into Manhattan from the other boroughs (New York City comprises of five boroughs), the city has quickly changed. Residents have fled the city. As people ceased commuting into New York, worked remotely, businesses shut their doors and social activities have halted, revenues to companies have plummeted. As businesses of all sizes saw their profits evaporate, the city government received significantly less in tax collection. Given the rapid pace of events over the previous months, I don't remember for certain if someone else has mentioned this path to the shithole NYC is on. From there, the article explains the additive downward spiraling of one negative thing begetting another, and so on. I don't wish ill on people (except for my asshole cousin and the professional tenant from last year - they can eat shit and die) but maybe now people finally realize that their votes matter and people like DiBlasio and Cuomo Cuomo (not the homo!) don't want to govern, they want to rule, and it's only going to get worse for NYC. Posted by: Raj 2020-08-30 |
| http://www.rantburg.com/poparticle.php?ID=581090 |