Open New York City for Operation
The city currently is closed down by order of Da Mare Bill de Blasio (I know, different city. Same guy, though, functionally), and that’s causing a lot of damage, and not just economic.
More than 160 business leaders, including executives at Citigroup Inc, Mastercard Inc, and Nasdaq Inc, have signed a letter to Mayor Bill de Blasio warning of New York City’s deteriorating condition in the wake of the coronavirus pandemic and growing anxiety over public safety, cleanliness, and other quality-of-life issues.
De Blasio’s response? No. Gimme money first.
Let’s be clear: to restore city services and save jobs, we need long term borrowing and a federal stimulus—we need these leaders to join the fight to move the city forward[.]
Here’s a stimulus: open the city—withdraw the restrictions—and watch the sharp and prolonged economic growth provide a ton of stimulus.
And watch the malaise that being closed down and cooped up is causing the residents of the city fade as they’re able to go back to work, go back to shopping, go back to socializing. Able to go back to earning money for their bills—the lack of which is another source of serious angst—and spending some of it on entertainment, another angst reducer.