This is a wildly damning report in which the acting head of NYC Transit admits the agency: is overstaffed; doesn’t have an org chart or know who it’s paying to do what; and doesn’t know how to contact many of its employees. https://www.nydailynews.com/new-york/ny-mta-cuts-nyc-transit-feinberg-20200713-xxvzjppk7bb4vg2fhprt6j6aym-story.html">https://www.nydailynews.com/new-york/...
Or maybe it’s this https://mobile.twitter.com/thecitywanderer/status/1283160448192446466">https://mobile.twitter.com/thecitywa...
We are about to enter a cycle where state and local governments are under severe fiscal pressure. They need federal aid. However, I would note what I saw in the 2009 trough — different jurisdictions start from different practices. Some have much room to cut spending, some don’t.
Last time around, Arizona was trying to deprive Medicaid recipients of organ transplants, while New Jersey was scrapping a program to provide subsidized cable television to low income households. The right mix of spending cuts / tax hikes / borrowing varies by jurisdiction.
But a lot of the commentary is done by national reporters and columnists or national pressure groups, and they take the same posture in every state, even though some should be mostly cutting spending and some should be mostly raising taxes.