https://amgreatness.com/2021/09/28/new-york-socialism-the-poor-subsidize-the-rich/
New York City’s budget will exceed $100 billion for the first time this year. Everything is open and above board, as you’d expect: The budget is broken down into eight separate documents and five supporting documents. The “Expense, Revenue, and Contract” portion, for example, is 781 pages. If you fancy a little light reading, you can browse it here.
Of the money New York City plans to spend, about two-thirds comes from actual city taxes and revenues. The rest is a gift: $15 billion from the state, and $22 billion from the federal government. This is going to be used in a variety of constructive ways. Mayor Bill de Blasio announced, for example, he would spend $234 million cleaning up parks and graffiti. So at the very least New Yorkers can look forward to having the world’s cleanest parks by this time next year.
After all, how could you possibly spend $234 million on a goal and fail to achieve it?
The best way, of course, is not to have goals: There are no “failure standards” for these expenditures, no way of judging success, no performance targets to be met. So forgive my cynicism if I suppose that quite a lot of money is going to end up lining peoples’ pockets. The New York Post reported in 2019 that de Blasio’s wife Chirlane McCray spent $900 million of public money on a mental health initiative and could show neither tangible results nor any accounting of how the money was spent.
But my main objection to someone like McCray spending hundreds of millions of dollars in New York City is that such a big chunk of that money is coming from taxpayers who don’t live there. It’s bad enough that New Yorkers are saddled with this trash. But why should New York’s Chirlane McCrays be sponsored by Missouri’s farmers?
The vast majority of American wealth is concentrated in the cities. So even if you believe in “spreading the wealth,” it should be cities that help subsidize the poorer countryside. Why does the reverse happen so often?