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Michael Goodwin: Socialist boy-wonder Mamdani has learned next to nothing in his first 100 days as mayor of NYC
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politics1d ago

Michael Goodwin: Socialist boy-wonder Mamdani has learned next to nothing in his first 100 days as mayor of NYC

  • The piece criticizes Mamdani's 100 days, saying he learned little about managing the city’s finances.
  • Columnists warn that his budget plans could push up city borrowing costs and threaten finances.
  • The author cites pricey, government-led projects as evidence of ambitious but costly reforms.
  • The piece questions the cost of a city-owned grocery initiative and long timelines.
  • The author highlights budget fights with Hochul and Council resistance to tax hikes.
  • The piece notes some cooperation between Mamdani and Police Commissioner Tisch as a potential positive.
  • The columnist frames the mayor's plans as potentially increasing homelessness-related costs and risks.
  • The author mentions potential impact on New York’s bond ratings and market perception.
  • Overall, the column concludes Mamdani’s approach risks NYC’s financial health if not reevaluated.
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