New York City: Is It Always Getting Poorer? Or Just Getting Poorer Now? @3:14 PM
So this new study by the Empire Center for New York State Policy is totally fascinating. Their agenda is anti-tax, so their framing for the exodus of 1.5 million New York residents from 2000 to 2008 is about tax burdens. So their point is mostly that rich people are leaving and poor foreign people are coming in. In real fact, the population of New York state grew 2.7% from 2000 to 2008; Manhattan's migration zeroed out in that time period (someone's always ready to take your apartment!), although New York City overall had 1.1 million people leave. (Is this atypical? No idea!) And also notably, departures from New York state for other states slowed radically in 2007 and 2008. But! Here is the most captivating thing. READ MORE 11
The Great Lies of New York City's Affordable Housing @11:25 AM
The last two administrations of New York City government have done a unbelievably poor job with their contracts for affordable housing. Back in 2000, Battery Park City, then 25 years old, was to have provided, on-site or off, 60,000 units of affordable housing, but had only provided a bit more than 1500. That has not improved much! More recently, buildings like 10 Barclay St., a 58-story residential building in lower Manhattan, with 451 units, and a cost of around $185 million, which was recently renting 3-bedrooms for 9+ grand per month, was to have 15 apartments set aside as "affordable housing." In exchange for those units, in 2005, the developers received $135 million in Liberty Bonds. These crazy scams—yes, they are actual scams— are not the aberration; they are business as usual. Now, sometime today comes a report tracking the Bloomberg administration's Cornerstone program. READ MORE 9
Global Warming Allegedly Kills Poor People @9:47 AM
Global warming is killing 300,000 people a year, says liberal conspiracy theorist Kofi Annan, who hates God's gift of coal to America. But he can't even point out who they are, because they are all people with difficult names in far-away places. 3
