Earlier quoted context omitted.
>As it is we have a system of private "insurance" that can't consider the risk level of those being insured. All that means is the companies charge everyone else more to subsidize the cost of those who are more at risk. That's what social insurance/welfare systems do throughout the developed world -- make sure everyone's covered at some minimal level even if it wouldn't be profitable when evaluated individually; it's…
What you're describing isn't insurance. There's nothing wrong with that and maybe (probably) its better than what the US has today, but if it claims to be insurance than it must be allowing the insurer to consider the risk of each policy it writes.
Zohran Mamdani wins the New York mayoral race
961–970 of 1001 posts
Re: Zohran Mamdani wins the New York mayoral race
#962You guys have it all wrong. There was only one candidate for the dem party, Here's the list: 1) Cuomo. Sexpest who has been accused by many women of some pretty shitty stuff. Also a member of a multi-generational dynasty, which is not good. 2) Mayor Adams. Federally indicted by the Feds. They have a 99% conviction rate. Not because they're corrupt, but because they only go after people who have dome some really egreg…
> In September 2024, a series of investigations into Adams's administration emerged. Adams was indicted on federal charges of bribery, fraud, and soliciting illegal foreign campaign donations. Adams pleaded not guilty to the charges. He alleged that the charges were retaliation for opposing the Biden administration's handling of the migrant crisis. In February 2025, the Department of Justice in the Donald Trump administration instructed federal prosecutors to drop charges against Adams. Judge Dale Ho dismissed the case against Adams on April 2, 2025
Re: Zohran Mamdani wins the New York mayoral race
#963I hope this win signals (to both parties) that voters are receptive and will get engaged when a clear message is presented about cost of living and quality of life issues. Some of which are taken for granted in most other western countries. I’m no political wonk, and I’m curious what others with more insight might say about his ability to fund and implement his polices. I’m reminided of Obama and his hopeful message…
Only speaking for myself (also not a political wonk): I do not expect Mamdani to be able to enact all of his policies. Not because of money but because of political opposition from the powerful. I felt the same about Bernie and Medicare for all. We have the money to do it, but the powerful will not let it happen. However: that doesn’t mean we should elect politicians that won’t even try to make these things happen. I…
Mamdani is one of the powerful now.
Re: Zohran Mamdani wins the New York mayoral race
#964Re: Zohran Mamdani wins the New York mayoral race
#965Earlier quoted context omitted.
> He is going to need cooperation from the state legislature, if he wants to collect the taxes needed to fund his policies, and I’m not sure how successful he will be at that. Why? How much of NYC's budget comes from Albany? My impression was that NYC had its own budget, paid for by its own taxes.
> My impression was that NYC had its own budget, paid for by its own taxes. If those who claimed they would leave NYC for Florida (etc.) make good on their promises NYC will see a significant drop in tax revenues while the expenditures will skyrocket due to Mamdani's free-stuff policies. They can try to increase taxes which will lead to more net tax payers leaving the city. Of course it remains to be seen whether all…
Re: Zohran Mamdani wins the New York mayoral race
#966Re: Zohran Mamdani wins the New York mayoral race
#967Earlier quoted context omitted.
Rent is a nonproductive component in the economy. It shouldn't even exist. If we want an economy that actually provides goods that people need we should focus on productive components like building more houses and actual shelter rather than using limited housing to extract profit, often without even improving the housing itself. > are already facing is that on the margin people he hopes will pay for it will just move…
So if I build a building full of studios targeted at young people who would have no interest in owning one permanently, or poorer ppl who don't have money or stability to buy, how am I to be compensated/incentivised? I guess it's not being built then! As for population e.g. https://www.brennancenter.org/our-work/analysis-opinion/how-...
Re: Zohran Mamdani wins the New York mayoral race
#968Earlier quoted context omitted.
I don’t know a ton about Mamdani but he doesn’t seem narcissistic. I agree with most of his goals but have serious doubts about the viability of the methods. We’ll see. My biggest doubts are around the idea of price controls, which almost always lead to perverse incentives. The economy finds a way to sneak in an effective price increase via other means. Either that or you create a landed gentry of sorts, or a “landed…
> My biggest doubts are around the idea of price controls, DeBlasio froze rent for rent-stabilized units for 3 years straight. Literally everything Mamdani campaigned on is entirely possible and funding straightforward. Not easy, but emminently doable.
Of course he’d also pro density and new construction, which would actually help.
Re: Zohran Mamdani wins the New York mayoral race
#969Earlier quoted context omitted.
And this isn't r/politics even if the site has started to resemble it more and more. There are many labels which can be stuck on Mamdani, none of them pleasant but since this is not r/politics let's just keep them under wraps just like you should have left yours in the drawer.
If you’re so anti politics then why don’t you just flag me and not engage with me?
Re: Zohran Mamdani wins the New York mayoral race
#970Earlier quoted context omitted.
> My impression was that NYC had its own budget, paid for by its own taxes. If those who claimed they would leave NYC for Florida (etc.) make good on their promises NYC will see a significant drop in tax revenues while the expenditures will skyrocket due to Mamdani's free-stuff policies. They can try to increase taxes which will lead to more net tax payers leaving the city. Of course it remains to be seen whether all…
You think 1 million people will leave New York because of free buses and childcare? Am I reading that right?
https://www.financialexpress.com/world-news/us-news/one-mill...
https://nypost.com/2025/11/03/us-news/nearly-a-million-new-y...
https://www.msn.com/en-in/news/world/nearly-a-million-new-yo...
That is why I said up to a million people according to the legacy media. I'm pretty sure a sizeable number of people will leave NYC due to the election results but I don't know how many.