NYC has a bigger population than the entire country of Ireland. It definitely has the economy of scale to operate public transport and education.
> There are many more layers to the difference between where the US sits and Europe. Hopefully this is obvious.
It is exceedingly obvious. The reason for my comparison wasn’t because I think they are the same place, I was responding to a commenter who said North Korea and Kabul were appropriate comparison points for Mamdani’s plans. My point is simply that immediately invoking North Korea is hysteria.
> NYC has a bigger population than the entire country of Ireland
New York City's economy [1], were it a country, would sit at No. 18 in the world between the Netherlands and Saudi Arabia [2].
The only EU members with economies larger than its are the Netherlands, Spain, Italy, France and Germany.
(New York City's budget [3] is bigger than the military budgets of every country on the planet except for America, China and Russia's [4]. On par with the budgets of Ukraine and the Philippines [5].)
Appreciate the data points though but I think a city is ... a city. We don't usually talk about "economy of a city" because it's not that meaningful. If NYC wished to become a country I guess they can go for it.
Just saw a bunch of funny videos with people asking NYC bus drivers if the busses are free already and they all having a good laugh at that. Supposedly the MTA has $48.4B or so debt: "The MTA's long-term debt was around $48.4 billion in late 2023, a figure that has grown from $25.8 billion in 2010."
Looking at the financials they are already subsidized to the tune of >50% : https://council.nyc.gov/budget/wp-content/uploads/sites/54/2... ... So the city needs to find at least $7.5B a year just to keep growing their debt at the same rate. But that's ok- if every person in the city just pays another $400 or so a year in taxes they'll get that covered. Socialism...
> There are many more layers to the difference between where the US sits and Europe. Hopefully this is obvious.
It is exceedingly obvious. The reason for my comparison wasn’t because I think they are the same place, I was responding to a commenter who said North Korea and Kabul were appropriate comparison points for Mamdani’s plans. My point is simply that immediately invoking North Korea is hysteria.