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October 13, 2005
New York’s Bloomberg acts like Bush
People's Weekly World Newspaper
Critics say Bloomberg’s job stimulation plan is the same as Reagan’s “trickle-down” economics: give handouts to billionaire developers, and claim this will create jobs.
Develop Don’t Destroy Brooklyn, a community organization working against a deal that would give big developer Forest City Ratner over $1.1 billion in city money for a private Brooklyn development, said Bloomberg lied about the number of jobs the development would create.
Instead of the promised 8,500 permanent jobs, a study found only a few hundred new jobs would be created. In addition, only 900 out of thousands of housing units would go to those earning less than the median income.
Posted by lumi at October 13, 2005 11:45 PM