As the big apple rots

[Honky Tonk]

If you are going to call me sir Richard,I would prefer you capitalize the S in Sir.

Let me help you out a little here.

According to a report from New World Wealth and Webster Pacific, the combined wealth in the Big Apple fell by $336 billion in the 12 months ending June 30.
https://www.foxbusiness.com/lifestyl...rich-skip-town


As of right now New York City ranks 75th in there debt ratio?

The average New York resident is now liable for over $64,000 of the future debt.

The rich in New York pay 53% of the taxes in the city.

Do you know what city is in a better long term financial future then New York City ?

Detroit

New York city subsidies their public transit system to the point where it has a 8 billion dollar a year deficit.

Is that consider sustainable ?

The cities in the worst fiscal condition are New York City, Chicago, Philadelphia, Honolulu, and San Francisco.

https://www.forbes.com/sites/mayraro.../#5bb373ea2ebb

Not for nothing but your figures for fiscal year 2019 92 billion with expenditures of 95 million not only is a negative but it is excluding the pension obligations,you really need to redo the math and include that.

A recent actuarial report issued by New York City’s controller shows the city’s unfunded other post-employment benefits [[OPEB) liability rose by $9.3 billion to $107.8 billion during the 2019 fiscal year.

The city’s unfunded OPEB liability exceeds that of any other local government in the country, as well as that of most states. New York City’s large pool of OPEB red ink is attributable to several causes, including its large number of participating employees and retirees, its cost of benefits per retiree, and a lack of pre-funding.

https://reason.org/commentary/new-yo...s-100-billion/

They probably didn't have all that on Sesame Street.