Much has been made of the worrisome rhetoric in the State of the City speech given on February 10th by New York City’s new mayor Bill deBlasio. Some in our audience, particularly anyone with a connection to New York City, have already expressed fears about what to expect next from the de Blasio administration.
Other commentators have been quick to deride de Blasio as a Marxist; indeed, de Blasio’s hapless Republican opponent used that label on him as early as September 2013. However, concerns should extend far beyond the City and the Financial Policy Council believes the de Blasio speech is a harbinger for the world.
Thank you,