With tax rolls plummeting and residents fleeing, New York City risks an urban crisis echoing the 1970s. The city’s recovery depends on an end to complacency and bloat in government to better compete for a mobile population.

With tax rolls plummeting and residents fleeing, New York City risks an urban crisis echoing the 1970s. The city’s recovery depends on an end to complacency and bloat in government to better compete for a mobile population. https://t.co/s4YSGvOSwv via @michael_hendrix

— Manhattan Institute (@ManhattanInst) June 29, 2020