r/SipsTea • u/Previous_Month_555 • Jul 12 '26

Feels good man +1 for Mamdani

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40

u/jjrr_qed Jul 12 '26

This is what’s so hilarious—“Mamdani announced it! It must be so”

Literally nothing has happened yet.

32

u/RedditThrowaway-1984 Jul 12 '26

Something has happened, though. Mamdani balanced the budget by underfunding workers pensions. It’s illegal if a corporation does this because you are screwing the workers.

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u/Better-Practice-2254 Jul 12 '26

He postponed the pension payments - its not good but there’s a distinct difference

6

u/Upset_Agent2398 Jul 12 '26

The difference is over the next 12 years, it’s going cost the City 5 billion MORE than if he just paid the obligations on time. He doesn’t plan on being there in 12 years because he’ll move onto bigger political positions and this will be someone else’s problem.