I'm not sure why I'm so obsessed with NYC of late. Maybe it's because Weldon has moved there. Anyways, a few weeks ago I started a thread wondering how providing free healthcare to everyone in NYC was only going to cost $100 million. I didn't offer any comment on whether it was a good or bad idea, I simply started the thread as I thought that number was WAY WAY off by like a factor of at least 20, maybe 50 (yet for some reason a quarter or the posters went off and called me a right win bigot).
I think my doubts were well justified. Today, I learned the NYC spends more than $300 million putting the homeless in hotels.
"Some 60,000 people are currently housed in city shelters and hotels, up from about 50,000 in 2013, data show. The city spends $384 million annually to house homeless people in hotels, according to city documents.," says today's WSJ.
http://www.letsrun.com/forum/flat_read.php?thread=9188088
Don't misunderstand me. I'm not arguing that the poor shouldn't be helped. I think "the man" has all the power and feel for the underprivileged. But the cost estimates of some of these programs is laughable.
Please don't turn this into a left/right debate. Just view it as an update from the thread from a few weeks ago. Modern day politics is a joke. Prominent people on the left (De Blasio) and right (Trump) just make stuff up and people accept it as true.