Mayor de Blasio introduced a $77.7-billion preliminary budget Feb. 9 that would increase spending to boost social services, police-officer safety and EMS response times while exercising caution due to concern about a potential economic downturn.
Citing what he called the “tale of two economies”—referring to his focus on income inequality—Mr. de Blasio was optimistic about recent economic growth, but said it had been tempered by middle-class stagnation and uncertainties about the longer-than-average duration of the recovery from the Great Recession, which technically ended in 2009.
This item is available in full to subscribers.
We have recently launched a new and improved website. To continue reading, you will need to either log into your subscriber account, or purchase a new subscription.
If you have an active digital subscription, then you already have an account here. Just reset your password, if you've not yet logged in to your account on this new site.
If you are a current print-only subscriber, and want access to our website,click here to view your options for changing you subscription level.
Otherwise, click here to view your options for subscribing.
Please log in to continue |
