"How did you go bankrupt?" "Two ways. Gradually, then suddenly."

mission accomplished

The Sun Also Rises was published in 1926; almost 100 years later, New Yorkers still haven’t gotten around to reading it.

Mayor Adams open to tax hikes, layoffs to close $7B NYC budget gap: ‘Everything’s on the table’

Big Apple Mayor Eric Adams has kicked open the door to tax hikes and city layoffs — blaming the Biden administration for the threatened wallops to taxpayer wallets.

Adams has said his administration is struggling to close New York City’s expected $7 billion budget gap next year given whopping migrant costs — and added Sunday that the federal government has been AWOL in terms of financially helping with what is a nationally created problem.

Hizzoner — asked specifically during a Channel 11 interview about possible property tax hikes and the layoff of city workers to help balance the city’s budget — responded, “Everything’s on the table.

“If you are a homeowner and you have budgeted yourself for your rent, your electricity, your water, et cetera, then all of a sudden your roof caves in, your insurance policy should pick up on that,” Adams said.

“Our insurance policy was the federal government. They’re not paying us,” he said. [What a chump]

In terms of raising taxes, while state lawmakers in Albany control the income and sales tax rates in the five boroughs, the city can hike property taxes — although within limits set by the state.

dams, asked about raising property taxes particularly on the wealthy, replied, “Everything’s on the table, that’s all I can say.”

But he did note that “when you start raising taxes on middle-income, low-income New Yorkers, you’re placing them further in the hole.”

Asked “where the layoffs would begin,” Adams only repeated, “Everything’s on the table.”

City officials say the cost of caring for the deluge of migrants flooding the Big Apple since spring 2022 will run taxpayers nearly $5 billion in 2024 and another $6 billion in 2025, dramatically worsening New York’s underlying budget woes, which date back to the coronavirus pandemic. [Hmmm —$7 billion deficit, $6 billion handed out to the illegal aliens NYC voters invited in. Go figure.]

Meanwhile, NYC Council members have their heads firmly lodged up their posteriors, as one of the lone Republicans on the council shows:

Ultra-left NYC Council pretends there’s no migrant crisis — and unlimited money

“An uninitiated observer who walked into the City Council budget last week may have thought he landed on an alien planet, whose inhabitants’ survival depends solely on Sunday library hours and composting.

Apparently, this alien New York City is not facing a budget crisis, and even if it was, it would have absolutely, positively nothing to do with the fact that its taxpayers have been footing the bill to house, feed and provide every service imaginable for more than 150,000 migrants over the past two years.

This hearing was definitely not held in the New York City where most of us live.

Because, in our New York City, we are currently staring down a multi-billion-dollar deficit while our streets are falling into disorder, our infrastructure crumbles, our social safety net is collapsing, and our frontline workers are stretched beyond their limits.

In our New York City, we are spending more taxpayer money to care for foreign nationals than we are on the annual budgets of the NYPD, FDNY and Department of Sanitation, combined.

And in our New York City, that unsustainable cost is the primary reason we are facing steep budget cuts that will affect every essential service, from policing our streets to picking up our garbage.

In the brief time I was allotted to speak at this hearing, I attempted to shake some of my colleagues back to this reality.

New Yorkers want this, and say so every election. This year, turnout of all eligible voters was 18%. Everyone else was so happy with the way things are that they stayed home.