MOORE: New York, We Have a Problem!


Most worrisome, he shows little concern about the disorder of the past decade, even though its costs have fallen hardest on the city’s working-class and poor residents….

By Steve Moore

WASHINGTON, D.C. (Texas Insider Report) — We rarely quote from New York Times editorials, but this seething critique on the sad state of affairs of America's largest metropolis - in the wake of the Tuesday's Democratic primary victory for socialist Zohran Mamdani - is a must read.
 
Mr. Mamdani is running on an agenda uniquely unsuited to the city’s challenges....He favors rent freezes that could restrict housing supply and make it harder for younger New Yorkers and new arrivals to afford housing.

He wants the government to operate grocery stores, as if customer service and retail sales were strengths of the public sector. He minimizes the importance of policing. The number of felony assaults has jumped more than 40 percent over the past decade.


Most worrisome, he shows little concern about the disorder of the past decade, even though its costs have fallen hardest on the city’s working-class and poor residents….

Many longtime New Yorkers have had a sinking feeling at some point in the past decade. They have worried that their city was heading back to the bad old days of the 1970s and ’80s.

Subway trips can have a chaotic or even menacing quality. Nearly half of bus riders board without paying their fares.

The city’s fourth graders, after significantly outperforming their peers in other large cities during the early 2000s, have fallen back in math and reading.

Housing has become even less affordable, and homelessness has risen.

In the most basic measure of the city’s appeal, the population remains well below its pre-Covid peak.

 
Steve Moore – a former Wall Street Journal Editorial Page writer and Chief Economist for The Texas Insider – is a Senior Fellow at both FreedomWorks and the Heritage Foundation. Along with Steve Forbes & Art Laffer, he is Co-Founder of the Committee to Unleash Prosperity. Using compelling charts, videos, and maybe even a little humor, Moore and the Committee's free Daily Newsletter provides information not readily available anywhere else – short and timely inside updates on the economy, the D.C. political landscape, and numerous other issues that help you stay informed and allow you to be the smartest person in the room.













 




 
Economist Stephen Moore by is licensed under
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