NY City to fire teachers, cut capital spending

[marmar]

By Joan Gralla


(Reuters) - New York City Mayor Michael Bloomberg on Thursday unveiled a $65.6 billion budget plan for fiscal year 2012 that calls for firing 4,666 teachers and reducing capital spending 10 percent over the next decade.

Bloomberg blamed an approximately $4.4 billion reduction in aid from the state and the U.S. government for painful cuts that have already provoked a clash with school teachers and are certain to draw opposition from other public sector unions.

"The future does have some clouds," Bloomberg, a political independent, told a news conference.

New York City has withstood the recession better than many cities across the country, in part because Wall Street rebounded quickly from the 2008 financial crisis. For the second year in a row, Bloomberg has cut spending. The new budget plan is $300 million less than the current budget. ..............(more)

The complete piece is at: http://www.reuters.com/article/2011/02/18/us-newyorkcity-budget-idUSTRE71F6JD20110218

[Smarmie Doofus]

1. "His thoughts are scattered and they're cloudy."

>>>>>"The future does have some clouds," Bloomberg, a political independent, told a news conference.>>>>

More lies and half truths packed into one little article than you can shake a stick at.

Beginning w. " a political independent". Fact: he sought and received the REPUBLICAN nomination for mayor three elections in a row, and was elected each time as a REPUBLICAN running against Democratic nominees.


HE'S NOT AN "INDEPENDENT".