Progressive Politics

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Mamdani balanced the NYC budget (lemmy.zip)

submitted 2 days ago by favoredponcho@lemmy.zip to c/progressivepolitics@lemmy.world

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[–] Brainsploosh@lemmy.world 3 points 13 hours ago (1 children)

All debt is "kicking the can down the road" in some way, having a plan for it seems better than not though.

[–] merc@sh.itjust.works 1 points 9 hours ago

Except with most debt you're making incremental payments toward it. This is skipping one of your scheduled payments and then claiming that your budget is balanced.