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New York Economy, finance, and budgets New York’s mayoral candidates have advanced plenty of bad ideas, from proposed cuts to the police budget and bans on new fuel pipelines to Maya Wiley’s $10 billion “New Deal New York” plan. Past experience shows that ill-conceived ideas from fringe candidates can still exert some influence on the policies of the ultimate winner. Adopting Wiley’s plan, however which risks New York’s economic recovery by misunderstanding how the city’s economy really works would be a major mistake. Wiley’s proposal borrows the New Deal’s name and cites the Works Progress Administration as its model, but it most resembles a local version of President Biden’s national infrastructure plan and shares many of the same flaws. Financed by borrowing, the plan claims to “address the City’s critical infrastructure needs through investments that also put City residents back to work and stimulate the economy,” employing 100,000 New Yorkers in the

New yorkUnited statesNew jerseyGeorge wileyMaya wileyNational welfare rights organizationWorks progress administrationIdeal newNew dealPresident bidenCentral harlemSouth bronxMayor bill de blasioWall streetSilicon valleyபுதியது யார்க்