.
How the Middle Class are Being Pushed Out of New York City - Corruption Tax
New York City New York state. (NYP) * Tolls go up at bridges and tunnels as Port Authority hikes take effect * RIP, NYC's middle class? (NYDN) New York is now America ’s second most racially divided city, behind only Milwaukee . And New York City now has the nation’s single most segregated public school system. * Con Ed Seeks Rate Increase(NYT) * A new Gallup Poll found that 41 percent of New Yorkers would move out if given the chance, which was actually a three-way tie with New Jersey and Massachusetts for sixth-worst. Illinois and Connecticut led the way. (TU) One of the Reasons for the Escape High taxes make NYers wait longer to earn financial ‘freedom’ * Law meant to lower NY auto insurance made it surge: study(NYDN) * Some lawmakers and residents are demanding that de Blasio follow through on a campaign promise to lower water bills, which have surged as of late, CBS New York reports: *NYC Is Even More Unaffordable Than You Think, In 6 Charts(Huff Post) Rents in New York City have skyrocketed over the past decade while New Yorkers' incomes have fallen, creating a dearth of affordable housing for the people that need it most. That's the takeaway from adisheartening report released by city Comptroller Scott Stringer this week. * Study Finds More New Yorkers Leaving State(NYT) * Census Shows New York Exodus(WSJ) *See ya, wouldn't wanna be ya: New Yorkers leave state at record rate(NYDN) * About 7.3 million residents have left NY for other states since 1960
Escape From NYS (Population Loss) Means the Loss of More Than One Congressman in 2022
New York state sees population loss for first time in 10 years (NYP) The state has lost more than 191,000 residents to other states since last year, for a net loss of 1,894 people, newly released census data show. It’s the first time the state’s population has dropped since 2006, the Empire Center for Public Policy reports. The dip means New York has fallen even further behind Florida, the third-largest state, in population.* New York State population drops forthe first time in a decade (NYDN) The state’s outmigration continues to worsen while the overall population in 2015-16 dropped for the first time in a decade, a new study released Tuesday revealed. Overall, New York’s population as of July was 19.75 million, down 1,894 from a year ago. Meanwhile, the state lost 191,367 residents more residents to other states than it gained during the 12-month period ending in July — a number equal to the total population of Yonkers, New York’s third largest city. And it brought the total outmigration over the past six years to 846,669, said the report, which is based on U.S. Census data. That’s the most of any state during that time. “Domestic migration is really probably the clearest indicator we have of whether state and local policy are working and making New York more attractive as a place to live and do business,” said Empire Center research director E.J. McMahon, who wrote the report. “It would seem it’s not yet.” And it brought the total outmigration over the past six years to 846,669, said the report, which is based on U.S. Census data. That’s the most of any state during that time. New York’s population loss the last year was offset in part by an influx of foreign immigrants and the fact there were more births than deaths. New York added 118,748 foreign immigrants over the 12-month period ending in July, which trailed only California and Florida. McMahon said that while the outmigration from New York has increased to its highest levels in nine years, the influx of foreign immigration has slowed over the past decade compared to previous decades.* Here’s why New York is shrinking (NYP Ed) And it’s not hard to understand why: A government rife with corruption, sky-high taxes, exorbitant spending and over-regulation — which has choked off most economic hope outside New York City. The latest Quinnipiac poll found that 39 percent of voters would leave New York if they could. Asked to name the the most important problem now facing the state, 22 percent of voters say the economy, while 20 percent list taxes and 10 percent cite “politicians/political corruption.” The Post writes that New York state’s population is shrinking and “it’s obvious” the driver is native New Yorkers who leave because the government is rife with corruption, taxes are sky-high taxes and there is exorbitant over-regulation.
Income Inequality Worsens Under de Blasio
He Was Planning to Lower It By Pushing All the Poor Out
New York City’s income inequality worsens under watch of‘tale of two cities’ Mayor de Blasio (NYDN) The tale of two cities lives. Income inequality has actually gone up in New York City since Mayor de Blasio took office vowing to tackle the problem, according to a new report by the Manhattan Institute. Researchers found that two different metrics measuring income inequality increased moderately between 2013, when de Blasio was elected in part on his “tale of two cities” platform, and 2015. One gauge of household income inequality, known as the Gini coefficient and measured on a scale of 0 to 1, went up from 0.547 to 0.551, continuing an upward trend ongoing since the end of the Great Recession. Another stat that focuses only on earned income, known as the Theil index, increased from 0.261 to 0.269. “Obviously inequality is not going down under his mayoralty,” said author Alex Armlovich. The report by the conservative-leaning group, set to be released Tuesday, finds that earned income inequality in the city is driven largely by sky-high wages in the financial sector, which employs 4% of the labor force but accounts for 19% of city wages. They say that truly cutting income inequality would require either harming the city’s most profitable industry, or pushing low-income residents out of the city.
How the Middle Class are Being Pushed Out of New York City - Corruption Tax
New Health Care Tax, Con Ed Increase and Government Waste
Patient advocates are growing ill over a plan by Cuomo to scrap a state website that provides health-care consumers with detailed information — including malpractice awards — about doctors.* Gov. Andrew Cuomo’s budget includes a $69 million tax on health insurance policies to pay for the administrative costs of New York ’s exchange now that federal funds are not available, the Post says: * Patient advocates are questioning Cuomo’s plan to scrap a state website that provides detailed information about doctors, including malpractice awards, the Daily Newsreports: *Academic studies, fiscal analysts and even a recent study commissioned by Cuomoquestion whether the millions of dollars the state doles out in tax breaks and incentives are worth the cost to taxpayers – or even work at all. Con Ed Increase Also NYC Public Advocate Letitia James scolded Con Edison after the utility giant filed a rate case with the state on Friday requesting a 7.2 percent average increase in customers’ delivery charge. * Newsday endorses Cuomo’s push for increased state oversight of local IDAs that grant lucrative tax exemptions to businesses.
.
Toll Go Up Today . . . FU Middle Class
Tolls go up atbridges and tunnels as Port Authority hikes take effect * Tolls go up at bridges and tunnels as Port Authority hikes take effect(WABC)* Toll Increases on Cross-Hudson Roadways Take Effect(NY1)
Why is the Daily News Helping to Kill Its Own Readers --the Working Middle Class
Boom. Brooklyn tops the national list of most expensive urban areas in which to buy a home, measured against what locals can afford to spend. It now takes 98% of the typical household’s income to purchase the typical house in Brooklyn , according to the research group RealtyTrac. The median price is $613,000 and rising, rising, rising. Compared with the once-dismal fortunes of a once-hollowing city, climbing property values are a wonderful urban problem to be solved by a tale-of-two-cities mayor, whose own boat has been floated by ownership of a now pricey, and rented-out, house in Park Slope. The downside is that Kings County
How Come Pushing Out the Middle Class is Not An Issue in Campaign 2014
RIP, NYC's middle class? (NYDN) New York is now America ’s second most racially divided city, behind only Milwaukee . And New York City now has the nation’s single most segregated public school system.
Pushing Out New Yorkers . . .
Push Out
High costs of living seems to have replaced crime for people leaving
A new Gallup Poll found that 41 percent of New Yorkers would move out if given the chance, which was actually a three-way tie with New Jersey and Massachusetts for sixth-worst. Illinois and Connecticut led the way. (TU) One of the Reasons for the Escape High taxes make NYers wait longer to earn financial ‘freedom’Congratulations, New Yorkers: You can now keep your own money for the rest of the year.
A study by the Tax Foundation, an independent tax-policy research group, shows that this Sunday is Tax Freedom Day — the day state residents make enough to pay off their total taxes for the year.Because of the Empire State’s high tax burden, the report found New Yorkers are behind only New Jersey and Connecticut in the time it takes to earn its financial “freedom” — or enough money to collectively cover all local, state and federal taxes.
More on How NYC is Losing the Middle Class
More on Gentrification
I am extremely disappointed in the news media today. Press releases sent and not one response to the Positive Youth Summit held by young people today who want to make a difference. NOT one channel or even print reporter, Dog events and good restaurants to visit is news worthy but not the kids who are out her hoping to save the lives of their peers? ........SMH!
Law meant to lower NY auto insurance made it surge: study(NYDN)
How Does Airbnb Get Away With Crap in NYC Ask Their Lobbyists Bolton St. Johns $$$
Airbnb renter returns to 'overweight orgy' | New York Post * Airbnb's New York Problem : The New Yorker * Long Term Residents of San Francisco Pushed Out of City * New York today: the real story - The Airbnb Public Policy Blog * Airbnb is Illegal in NYC, But When There Are Dollars to Be Made… * Two-thirds of Airbnb listings in New York City are illegal ..* Turning your NY apartment into a hotel is illegal | New York ... * Williamsburg bursting with Airbnb rentals - New York Daily ...* New York Lawmaker Warns That AirBNB Could Be Used For Gambling And Drugs Next (Business Insider) How Canada’s middle class outpaced America’s(NYP)
Misleading fire hydrant costing city drivers $33K in tickets(NYP)
NYC Is Even More Unaffordable Than You Think, In 6 Charts(Huff Post) Rents in New York City have skyrocketed over the past decade while New Yorkers' incomes have fallen, creating a dearth of affordable housing for the people that need it most. That's the takeaway from a disheartening report released by city Comptroller Scott Stringer this week. “Some of the data is obviously chilling,” Stringer told The New York Observer.For example, while the median rent in New York City rose 75 percent between 2000 and 2012-- an increase 30 percent higher than in the rest of the country-- the median household income in the city fell about 5 percent. This has created a dire situation for those in the lower income brackets.
Newspapers False Hope Disconnect
How NYC is Losing the Middle Class
amNewYork writes that New York City must preserve its road to the middle class and can do so by building more affordable housing, a reliable health-care system, more good jobs with decent pay and a public education system that works for all* The Daily News writes that with New York City’s growing wealth gap becoming harder to bridge, the real challenge for leaders is to build an economy that creates good-paying jobs that move people up the income ladder: * New York improves business tax climate: report(NYDN)
Housing Costs Rise, Goodbye Middle Class
Chase or Impossible Spin? Affordable Housing
New York State Reports Steep Rise in Housing Costs(NYP) More than three million New York households — over half the state’s renters and one-third of homeowners — cannot afford their homes, the state comptroller’s office disclosed.* Housing becoming more expensive for NYers: comptroller(NYP) * New York City continues chasing affordable housing(NYP)If your rent is too damn high, blame city government for trying to be Matthew McConaughey. Accepting his Oscar for Best Actor this month, McConaughey said one of the things he needs daily is “someone to chase” — so he chases himself, 10 years down the road. He knows he’ll never “catch” himself, of course. But at least he has someone to chase. When it comes to housing, the city is
A new report by the Coalition for the Homeless shows that the number of people staying overnight in New York City shelters has hit a record of 53,615, with a 12 percent increase in the number of newly homeless families in the system, the Times writes: * Report: Number of Homeless in City Hits Record High (NY1) * NYC homelessness reaches all-time high, according to report(AMNY)
More on How NYC is Losing the Middle Class
Schumer will urge federal regulators to investigate the “mind-boggling” increase in New York electric rates this winter to see whether they resulted from price gouging or market manipulation.
"city residents receiving...food stamps, soared from 1.3 million in 2008 to 1.8 million today." http://nydn.us/1g1HZeP
See Also NYC Economic Troubles
Is there anything Bill de Blasio can do to make the city affordable again? Maybe. But we have to want to pay for it.
East River Ferry brings price boom to Brooklyn: The success of the East River Ferry since its launch in 2011 has...
If De Blasio wants more equality, he should make New York the most pro-business city in America. )(Newsday
Lower Water Rate Promise?
Some lawmakers and residents are demanding that de Blasio follow through on a campaign promise to lower water bills, which have surged as of late, CBS New York reports:
Pushing the Middle Class Out of New York
New York City’s tax assessment rolls are projected to rise by 8 percent in July, though homeowners will have until March to appeal their assessment, possibly lowering the ultimate amount of revenue, The Wall Street Journal writes:
New York City has lost 40% of apartments for low-income residents over the last decade, a new report says http://on.wsj.comEast River Ferry brings price boom to Brooklyn: The success of the East River Ferry since its launch in 2011 has...
If De Blasio wants more equality, he should make New York the most pro-business city in America. )(Newsday
Lower Water Rate Promise?
Some lawmakers and residents are demanding that de Blasio follow through on a campaign promise to lower water bills, which have surged as of late, CBS New York reports:
Pushing the Middle Class Out of New York
New York City’s tax assessment rolls are projected to rise by 8 percent in July, though homeowners will have until March to appeal their assessment, possibly lowering the ultimate amount of revenue, The Wall Street Journal writes:
Watch The Rich Take Over New York City In 2 Charts
___________________________________
Toll Hike Pushing the Middle Class Out
Higher Tolls Adds to Recent Increases in MTA, Con Ed, Taxes, Rents That the Middle Class Already Pay
Toll hikes start Sunday at New York-New Jersey crossings(NYP)
Low Wages
Life on $7.25 an Hour(NYT) Older Workers Are Increasingly Entering Fast-Food Industry. 55,000 fast-food workers in New York — more than the entire population of Harrisburg, Pa.
____________________________________________
$ Hikes Pushing Middle Class Out
Sal Albanese
It's
a disgrace that people were killed & injured in Metro North
derailment bc of failure to invest in infrastructure. An avoidabl
Higher Tolls Adds to Recent Increases in MTA, Con Ed, Taxes, Rents That the Middle Class Already Pay
NYC Toll$ Up Again
Low Wages
Life on $7.25 an Hour(NYT)
Older Workers Are Increasingly Entering Fast-Food Industry. 55,000
fast-food workers in New York — more than the entire population of
Harrisburg, Pa.
Independent Budget Office Suggests Boosting Taxes on Beer, Liquor and Plastic Surgery(NYO) * Three cheers for the No. 7 extension(NYP) * The Times Union writes that the Metropolitan Transportation Authority should use existing technology to
improve safety, while Congress should step up funding for railroad
inspectors:* A union pushes 1300 workers into the middle class: Living Wage Ruling Gives Queens Casino Workers a Fighting Chance (NYT)
_____________________________________ Toll Increase Push Middle Class Out
Fair and Toll Hikes is Just One Way NY Punished the Poor and Pushes the Middle Class, Business and Jobs Out of the City
The Forgotten New Yorkers
As Albany does nothing to come up with addition funding to pay for rising pension and health care costs of workers the MTA is forced to raise fares and tolls Those hikes will hit harderst on the poor and middle class who have become the forgotten class in New York. Save That MetroCard! A New One Will Now Cost $1(NYT) The Metropolitan Transportation Authority is adding a surcharge for the purchase of a new card, a move that transit officials predict will lead riders to refill their existing passes.*
Verrazano-Narrows Bridge cash toll jumps to $15 Sunday;(SI Advance) * How to Save $8 on Your Next MetroCard(NY Mag)
1/27/2013
Con Edison Joins Fair and Toll Hikes Punishing Poor and Middle Class, Business/Jobs Out of the City
Con Ed blames Sandy for ‘hurri up’ rate hike(NYP) * Con Ed Seeks Rate Increase(NYT) * Con Ed seeks 3.5 percent rate hike for customers' electric (NYP) * Con Ed seeks $400 million in rate increases(WABC) * Con Ed Requests Rate Increase To Protect For Future Storms(NY1) * Get ready for electric bills to rise, Staten Island: Con(SI Advance) No Fare Hike Breakes
Play your MetroCards right(NYP) Don’t try hoarding your old MetroCards ahead of the MTA fare hike. All monthly and weekly cards bought before the fare increases must be swiped by March 11 — nine days after the hikes go into effect — in order to get the full value, the agency announced yesterday.* MTA: No Loopholes to Avoid MetroCard Fare Hike(NBC)
New Fees Are Set In Cuomo Budget(WSJ)* The bare minimum(NYDN Ed) By playing smart, hardball politics, Gov. Cuomo is muscling GOP state Senate leader Dean Skelos and his Republican colleagues into accepting adoption of a $1.50-an-hour increase in New York’s minimum wage.
Not so recovered
Frustrated Staten Island commuters rally against $15 Verrazano (SI Advance)
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Your Poor And Huddled Masses Can Suck It
Home Sales Rose in Tighter Manhattan Market, Report Says(NYT)
NYC rents inch further north of $3,000 mark: New York City rents jumped in the third quarter to $3,049 per month,...
.NYC's War on the Middle Class and Poor
Fair and Toll Hikes is Just Some of the Ways NY Punished the Poor and Middle Class
.NYC's War on the Middle Class and Poor
Fair and Toll Hikes is Just Some of the Ways NY Punished the Poor and Middle Class
1/16/2013
Property Tax Hikes Another Example of How NY Punished the Poor,Pushes the Middle Class, Business, Jobs Out of the City
Soar point: City homeowner property taxes up 4%(NYP) City homeowners are being socked with another property-tax hike, according to annual assessment rolls released yesterday.* City Food Banks Still Recovering From Sandy(WSJ) * Tax Bite to Climb From Boom Years (WSJ) While property values are slowly rising in New York, a quirk
in the city tax law will drive up property taxes by considerably more,
including higher taxes on 69 homes damaged in superstorm Sandy.* Survey: Many New Yorkers Struggled To Feed Themselves In 2012(NY1)* 
‘Capital of the world’ fails in hunger report(NYDN)
Jacob Riis is still standing tall(Queens Crap)
From the Daily News:Jacob Riis, the muckraking journalist who championed reforms for the
poorest New Yorkers at the turn of the century, is still watching over
Rockaway from his oceanfront perch.
A bronze bust of Riis, replaced just two years ago by a group of Queens schoolkids, miraculously withstood the fury of Superstorm Sandy.The rest of Riis Park did not go unscathed from the storm that sparked fires and flooding throughout the peninsula. It toppled brick walls, twisted fences and unfurled railing across the sprawling recreation area.
A bronze bust of Riis, replaced just two years ago by a group of Queens schoolkids, miraculously withstood the fury of Superstorm Sandy.The rest of Riis Park did not go unscathed from the storm that sparked fires and flooding throughout the peninsula. It toppled brick walls, twisted fences and unfurled railing across the sprawling recreation area.
We Just Forgot His Message About the Other New York
NY Punished the Poor,Pushes the Middle Class, Business, Jobs Out of the City
Soar point: City homeowner property taxes up 4%(NYP) City homeowners are being socked with another property-tax hike, according to annual assessment rolls released yesterday.* City Food Banks Still Recovering From Sandy(WSJ) * Poverty in Brooklyn, block b
Fair and Toll Hikes is Just One Way NY Punished the Poor and Pushes the Middle Class, Business and Jobs Out of the City
City’s bid to double parking fees booted
(NYP) The Bloomberg administration tried to raise parking rates at municipal
facilities by more than 100 percent in some cases — and then pulled
back* One-fourth of low-income taxpayers miss out on Earned Income(NYDN) * Con Ed Seeks Rate Increase(NYT) * Con Ed seeks 3.5 percent rate hike for customers' electric (NYP) * Con Ed seeks $400 million in rate increases(WABC)
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Real Estate Developers Class Warfare
Real Estate Developers Class Warfare
They
fund the mayoral and council candidates; They rip off the tax payers
for tax deductions from Albany and City Hall; The push out the middle
class and cause gentrification in black and other minority and poor
neighborhoods; Yet the powerful city's real estate developers have not
become an issue in this years campaigns
Bloomberg's Helped Wall Street Take Over of NYC and Kill the City of Neighborhoods With Luxury Housing and High Rents
Bloomberg's Helped Wall Street Take Over of NYC and Kill the City of Neighborhoods With Luxury Housing and High Rents
New
York used to produce mayoral candidates like Mailer, figures who
exemplified the city’s vaunting dimensions. There was James J. Walker,
the glamorous delinquent of Prohibition.
Fiorello H. La Guardia, the funny-papers Machiavelli. John V. Lindsay,
the bleeding-heart patrician. Edward I. Koch, the Coney Island tout.
Rudolph W. Giuliani, the law-and-order hood. Even the unassuming Abraham
D. Beame could quip, in 1965, that William F. Buckley Jr., a rival
candidate, was “the clown prince of politics.”But then Michael R. Bloomberg
slipped into office, in the numb wake of 9/11, with all the spirit of a
hostile takeover. Technocratic micromanagement and passive-aggressive
triangulation became the norm. Their timid uniformity reflects the city’s general atmosphere. In Mr.
Bloomberg’s hyper-rational New York — control the citizenry and let the
bankers run free — standing out has about the same status as cigarette
smoke.
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NYC A Middle Class Dust Bowl
The real story of New York’s economic gap(NYP) The “tale of two New Yorks” looks very different if you look at the
bigger picture — at the whole state, and over decades. Then it’s clear
that our problem is growth. Despite good times on Wall Street, over the last five years New York
state lagged the nation’s recovery by a cumulative deficit of 5.3
percent in GDP expansion. Longer-term, it’s even uglier.
In 1961, New York was the richest and
most populous state; it claimed almost 12 percent of the nation’s
personal income. In 2013, the state’s people took home only 7.6 percent
of the nation’s earnings. What accounts for this erosion? The answer
isn’t straightforward — causes and results tend to mix.
For example, it is difficult to maintain a robust economy when the state
is losing people. In the same 50-year period, the Empire State saw its
population fall from 9 percent of the nation’s to 6 percent. Making
matters worse, New York is “graying” faster than nearly any other state.
But the bottom line is still that, compared to the nation, the Empire
State now has fewer people making comparatively less money.* Metro-North mess costing city big bucks(NYP) * New York City's tech industry saved it from worst damage of 2008 financial collapse: Bloomberg Philanthropies(NYDN) * Two Developers May Get Jump on Midtown Plan(WSJ)
* "Sharp" cut in Wall Street earnings. Just in time for the next mayor. Wall Street’s top five banks face $1bn earnings cut
__________________________________________________
True News Real Voice of the People Wags the Daily News
Note to the Daily News the Dying of the Middle Class are Not Caused By the Same Policies Which Has Led to the Great Divide in Pay in NYC
The professional and tech sectors added about 37,000 jobs — but
high-wage industries still posted a net loss of 11,040 positions. The
same pattern emerged in middle-income wage industries, with salaries
between $45,000 and $75,000 a year. That sector dropped 54,717 jobs
total — but that figure tells only part of the tale. The biggest losses came in the well-paying blue-collar and public-sector
jobs — construction lost 1,554 spots, government shed 24,000,
warehousing lost 8,175 and manufacturing, once the lifeblood of the
city, dropped 102,992 jobs, the institute found. low-wage jobs grew the fastest at 36%, with about 200,000 new jobs in
the four lowest-paying industries where the average yearly pay is under
$28,000. That’s half of what a middle-income job pays.”
The city’s unemployment rate remains higher now than before the recession
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NYC A Middle Class Dust Bowl
* "Sharp" cut in Wall Street earnings. Just in time for the next mayor. Wall Street’s top five banks face $1bn earnings cut
__________________________________________________
True News Real Voice of the People Wags the Daily News
Note to the Daily News the Dying of the Middle Class are Not Caused By the Same Policies Which Has Led to the Great Divide in Pay in NYC
The city’s unemployment rate remains higher now than before the recession
4. How will the city reduce unemployment that has been high since 2008? The new jobs New York City is expecting to gain are mostly low-paying and in the service industry. [David Seifman] * State Comptroller Tom DiNapoli's scary report about Wall Street shedding jobs is not surprising. [Nicole Gelinas]* * McMahon: NY's still too business-unfriendly(Newsday) Over 400,000 New Yorkers are unemployed
2/26/2013
Wall Street Has Only Replaced One-Third of the Jobs It Lost During the Financial Crisis
DiNapoli: Wall Street Gets Richer, But Jobs Decline(YNN) Salaries in the financial industry are higher than they were before the
crash of 2008 and bonuses on Wall Street are expected to grow by 8
percent to $23.9 billion, but jobs in the securities sector have
declined, according to a report released today by Comptroller Tom
DiNapoli. DiNapoli’s report found that employment on Wall Street totaled
169,700 jobs as of December 2012, a decline of 1,000 jobs from a year
earlier. The securities industry in New York City lost 28,300 jobs during the
financial crisis and has added only 8,500 and there are 10 percent fewer
jobs in New York City.* Wall Street Cuts Jobs but Not Pay: Bonuses Up 9%(NYT) * Wall Street’s Bonus Woes Continue, Despite 8 Percent Uptick(NY Mag) * The New York financial industry has replaced only one-third of the jobs it lost during the financial crisis.(Guardian)
Screw the Middle Class
The new jobs New York City is expecting to gain are mostly low-paying and in the service industry. [David Seifman] * State Comptroller Tom DiNapoli's scary report about Wall Street shedding jobs is not surprising. [Nicole Gelinas]
Poll New Yorkers Say They Are Worse Off
Poll: 47 Percent Of New Yorkers Are Worse Off Financially Than They Were 4 Years Ago(WCBS)
2/26/2013
Wall Street Has Only Replaced One-Third of the Jobs It Lost During the Financial Crisis
Screw the Middle Class
Poll New Yorkers Say They Are Worse Off
Rich man, poor man, angry man (NYDN) With 8 million New Yorkers increasingly divided between haves and
have-nots, the next mayor must ward off destructive class warfare.
Class WarFare: How the Rich Control Government Funded Housing In Albany and City Hall
NYC the Next Detroit? Will Bad Government and Leaders Drain the State of the Next GenerationIt Not Only Upstate
Escape from New York A new poll last week showed that more than one of every four New Yorkers is headed for the exits. Detroit lost a quarter of its population between 2000 and 2011; absolutely, it could happen here. (NYP) * Dozens Camp Out In Queens For Shot At Mechanic Apprenticeship (WCBS) * Hundreds Camp Out For Job Applications: There were only 150 applications for 12 jobs at a hiring fair in Long Is... *Empire State manufacturing index falls sharply to 11.9 in May, shows slower growth (NYP)
Why Are 1.6M Fleeing NYS: Bad Government, Impossible for Business to Pay High Taxes and No Jobs
Leaving New York
In the first decade of the new century, New York state saw more of its residents leave for other parts of the country than any other state in the country. Despite this, an analysis of census data by the Manhattan Institute found, the state population rose by half a million people, largely because of births. Over 1.5 million more people moved out of the state than moved in from other states, making the aughts the second straight decade in which New York led the nation in out migration. Some attribute the loss to the state's high cost of living and tax rate. The report also found a slowing of immigration from other countries during the 10 years. Since 1960, 7.3 million people have left New York for other states. NY turns into flee market 1.6M bolt high-tax state in last decade(NYP) * Study Finds More New Yorkers Leaving State(NYT) * Census Shows New York Exodus(WSJ) * See ya, wouldn't wanna be ya: New Yorkers leave state at record rate(NYDN) * About 7.3 million residents have left NY for other states since 1960.* New NYS Population Report Reinforces Need for Change * Budget Division: Expect Weaker Tax Receipts(YNN) * Budget update: We’ve got cash but deficits are ahead(TU)
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Unfair Property Tax
A Tale of Two Property Tax Rates
Michael Benjamin
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