Socia;ism I New York

[ICU 812]

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.

[Salty Again]

... 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]

DAM!

Fat fingers and old eyes . . .that title should read, "SOCIALISM IN NEW YORK."

[Yssup Rider]

Originally Posted by Salty Again

... 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

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?