Socia;ism I New York

ICU 812's Avatar
So it seems quite likely that the socialist candidate will win the election for mayor in zNew York City and perhaps another one in Minneapolis too.

In NYC, everything will be free; bus, subway, groceries, . . . .rents will be lowered and fixed, and so on. Sounds great but . . .

Nothing is free. Everything comes with a cost. The fundamental economic question is always, who will pay the cost?

Given that some of this will happen for a while, let's look at the incentives and consequences.

An unsophisticated scenario will be that large numbers of folks with no resources, such as homeless Americans and foreign ncitizens, will indundsate the city in large numbers. To meet their needs, the city government will rise taxes. Perhaps the State government will also. Could work for a while.

Anyone with any financial underpinning will face near confiscatory taxation. those that can will go somewhere else. They will move to New Jersey or even reddish states to avoid the taxation. those who cannot move for whatever reason, will be taxed into poverty.

this is not hyperbole, it happens everywhere socialism such as is promised for NYC has been implemented. Ask anyone who survived the Cold War in a Warsaw Pact nation . . .or Cuba . . .or Venezuela.
... Give it two years - twenty percent (20%) of NY city residents
will be GONE from there and living over NJ-way or someplace else.

... Reckon I wish I could say that thought makes me sad...

#### Salty
ICU 812's Avatar
DAM!

Fat fingers and old eyes . . .that title should read, "SOCIALISM IN NEW YORK."
Yssup Rider's Avatar
... Give it two years - twenty percent (20%) of NY city residents
will be GONE from there and living over NJ-way or someplace else.

... Reckon I wish I could say that thought makes me sad...

#### Salty Originally Posted by Salty Again
OK. NYC survived Dinkins. They survived DeBlasio. They'll survive this guy.

Question is, will you? Seems like a lot of fine patriots living in the boonies are freaking out about this when it has zero bearing on their lives or lifestyles.

Perhaps "someone" needs to mandate voting for these wretched, war zone cities. Or, I dunno, send in the troops?

ICU 812's Avatar
Survival . . . .sure, and folks can survive cancer but the chemo often seems worse.

I have worked in direct patient care st s major teaching hospital. My opinion is informed by that experience.

Members of my extended family survived the oppression of Soviet occupation in their homeland. My opinion is informed by their experience.

Read the OP. The next few years will, I am sure, validate the views expressed in the post.
Yssup Rider's Avatar
Your position on this has been consistent, I’ll give you that.
ICU 812's Avatar
Thank you for that.

My position "on that" is validated by history.