20 sats \ 7 replies \ @Undisciplined 8 Aug 2023 \ on: New York City Isn’t Dead: My First Visit To Pub Key bitcoin
I was just chatting with relatives who own a fairly prominent bar in NYC and they are super black pilled about the city. After 40+ years living and working in the area they're finally looking into moving.
I'm glad there are some bright spots, but I think the short-term prospects for NY and the other major urban centers in America are pretty bleak.
Things don't look good, I agree. I remember the mid 1970s "Ford To New York: Drop Dead" days. I know one great bitcoin bar won't save the city, but NY has surprised me before. Political sentiment changes quickly here. I've been threatening to move to Florida for a while now, but haven't pulled the trigger.
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I'm curious what kind of changes to political sentiments you find plausible that might improve things. The main reason I expect things to keep getting worse is that I don't see a plausible change in public sentiment that would lead to a course correction, especially with so many people getting fed up and moving. It looks like a classic death spiral to me.
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What I'm thinking of is the dramatic Dinkins to Giuliani switch of the 90s. Squeegee guys, grime, petty theft for a few years, and everyone votes for a law and order guy cracking down on quality of life crimes.
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That's definitely the clearest historical example, but it just doesn't strike me as plausible. Are the remaining people in NY (or the other cities) able to do a complete 180 on a bunch of different issues?
I don't know what the prevailing sentiments were leading up to Giuliani, but they need to correct way more than the crime problem. Homelessness is out of control, the business environment is extremely unattractive, and cost of living is off the charts. Realistic solutions to any of those problems run totally against everything Team Blue is pushing.
I would love to be wrong on this (and I easily could be), but I just don't see a solution on the horizon.
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I'm not sure at all, but NYC is a different animal. No doubt the city council is a nightmare right now, but the difference between NYC and, say San Francisco, Seattle, etc is it's still the home of Wall Street, finance, and banking, at least for now. The financial power of this country is still there. Whether they are willing to crash it all for socialist policies remains to be seen.
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Interesting
So, at some point they get fed up and either leave or install politicians who will clean it up, whether voters like it or not.
Are there any signs of that coming soon?
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Well, for all his deficiencies, Adams got elected, and he's certainly right of DiBlasio. The best way to tell is the amount of criticism he gets from the local liberal press.
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