Little Giant--Big Trouble #19
Little Giant--Big Trouble #19 by Kate McMullan
With a guarantee from the federal government, New York should have little trouble turning to debt markets for the money it needs. At the same time, given that municipal defaults are rare, the federal government would probably be called on to pay only a small fraction of outstanding loans. The Gilded Wolves A board should be established to oversee spending and periodically report to lenders and the public about its priorities and portfolio.
Little Giant--Big Trouble #19: Kate McMullan, Bill Basso
At the same time, much of the revenue that pays for those services comes from property, income and sales taxes, which rely on a robust private sector and financially secure New Yorkers. Our Own Private Universe Private investors may not be inclined to lend to the city at all.All this is taking a noticeable, possibly escalating, toll on the economy and quality of life across the five boroughs. Granny Torrelli Makes Soup We propose a middle ground, one that will be familiar to anyone who has watched New York survive and flourish over the decades: a new agency rooted in a public-private partnership that will channel funds into the hands of the people, institutions and services that make the city an engine of economic growth and a magnet for creative and hardworking strivers.Someone will have to decide how the funds raised by a new MAC-like agency are allocated. Body Check Its initial priorities should be health care, education, transportation, housing and public safety.
Little Giant--Big Trouble #19 Dragon Slayers' Academy
The Partnership for New York City, a business-oriented civic advocacy group, has recommended a series of public-private collaborations that tackle income inequality, affordable housing, more robust public health services, economic innovation and job growth.The stimulus unleashed by Congress and the Fed in response to Covid-19 has produced a record supply of money. The idea should appeal to Congress.It boasts the largest subway system on the planet, with close to 500 stations. All of this echoes the Municipal Assistance Corporation, which was established in 1975 to help New York City remap its finances amid a wrenching fiscal crisis.And with fewer opportunities to spend, Americans are saving money at a record pace and need a safe place to stash it.
Little Giant--Big Trouble #19 (Dragon Slayers' Academy
The federal government already guarantees a variety of loans, such as those to farmers, homeowners and small businesses.A great American city is in peril, and not just any city. Many Americans are deeply sceptical about the efficacy of government, and others are deeply suspicious about the intentions of business.When Covid-19 struck in March, much of that activity came to a halt. So New York urgently needs funding to restore essential services.Businesses lost their patrons, and City Hall lost crucial tax revenue to pay for essential services.