New York’s billionaire Mayor Michael Bloomberg unveiled plans Thursday for eliminating the jobs of 10,000 city workers and slashing spending by nearly $1.6 billion.
These drastic attacks on the city’s workforce and vital services are to be carried out between now and the end of the next fiscal year, in June of 2012, with virtually every city agency affected.
Fire fighting, schools, aid to children, care for seniors, youth jobs, libraries, cultural institutions, parks and road repair are all on the chopping block.
Only the New York Police Department has been spared the ax based on the evident conclusion that with the sweeping attacks on social services and rising unemployment, policing the yawning social divide ...will be at a greater premium than ever.
The latest announcement of drastic austerity measures came in the city’s annual November review of the financial plan for the current fiscal year and an updating of a four-year financial plan. It marks the ninth round of budget cuts since the Wall Street meltdown of 2008...
BLOOMBERG, NYC'S RICHEST INDIVIDUAL, COULD COVER THE ENTIRE DEFICIT OUT OF HIS OWN POCKET AND HAVE $15 BILLION LEFT OVER....
http://www.wsws.org/articles/2010/nov2010/nylo-n19.shtml