Mayor Bloomberg to NYC: Cut $2 Billion in 18 Months
Year Four of the Great Recession has taken its toll on budgets across the country: it's hard to not come across some sort of public service being slashed in the news almost every day. The reactionary politics of cut-and-save economics has hit New York hard since Downtown self-imploded in 2008 as Bloomberg's City Hall rushes to keep the City's budget somewhat intact by eliminating millions from education, healthcare, public housing and the rest of the starving bunch. Consequentially, the City's 10% unemployment rate is a testament to the fact that times are tough for millions of New Yorkers.
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