From Newsgroup: alt.buddha.short.fat.guy

MamdanirCOs latest whopper turns the truth about socialism on its head!

Mayor Zohran Mamdani is bragging that the budget he just pushed through
proves socialists understand the economy as well as capitalists, and
that, indeed, theyrCOre cleaning up the capitalistsrCO mess.

What utter bull. HerCOs proved nothing about socialism as an economic
boon, and his spending plan actually makes the cityrCOs fiscal mess worse.

No matter: The mayor pretends herCOs an ultra-competent manager, a wizard
of municipal finance and a dedicated socialist whorCOll make New York affordable and rCLequitable.rCY

Mayor Zohran Mamdani is claiming that socialists understand the budget
better than capitalists.

rCLIf these past months have shown us anything,rCY he burbled, rCLit is that socialists not only understand economics just as well as the capitalists
who came before, but that we can solve their years of mismanagement
through an embrace of our principles.rCY

Get a grip, Mr. Mayor. None of that tracks with reality.

First of all, thererCOs nothing rCLcapitalistrCY about balancing a cityrCOs budget. ItrCOs a question of making ends meet. And Mamdani only barely did that rCo and only through gimmicks and shoddy financing.

Besides, the budgets of his predecessor, Eric Adams, were nothing any hard-core capitalist would approve of.

If anything, any rCLmismanagementrCY on the former mayorrCOs part rCo bloated, ever-expanding budgets that understated outlays rCo is characteristic of socialists, not capitalists.

If Mamdani were truly fixing anything, it would be the mess of merely a somewhat-less socialist-minded mayor.

Yet MamdanirCOs budget makes matters worse: His budget takes AdamsrCO last plan and adds another $10 billion in new spending, while, as city
Comptroller Mark Levine (a fellow Democrat) notes, relying on rCL$6.1
billion in short-term and one-time measures.rCY

And herCOs depending on Wall Street to fork over a disproportionate amount
of the cityrCOs income, including nearly a quarter of personal income-tax revenue, to pay for it."

New York Post, July 1, 2026
https://tinyurl.com/bdd5x7sa

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