Chris Campbell3 said:The kid’s argument is basically this: if you strip away all the federal departments and government agencies from New York City—or even just try to distribute them fairly across the various states—your economic growth would absolutely crater. He claims we’d lose about 150,000 "jobs" (assuming anyone actually shows up to work) and at least 400,000 residents...
that's pretty much the gist of it...
Now, I have to wonder, has the number of federal departments actually increased over the last five years? Because during that stretch, New York City saw more economic momentum than any single city in ten of those newer states that joined the Union. Not to mention, the statistics being thrown around here are completely off the mark...
New York City maintains a highly educated workforce rate that is 14% higher than the American average, putting it right in line with EU standards. Interestingly enough, the birth rate in NYC has climbed by about 2.5 per mille over the last year and a half, and some estimates suggest the city is actually seeing positive natural growth now, which many attribute to the rising standard of living during this period.
Since you decided to bring up Bandić and his sphere of influence, let's look at the scale of things. Milan Bandić runs a massive conglomerate worth roughly $1.5 billion, and through his hands alone, about $4.5 billion in budget funds have flowed out, while the total value of the municipal companies exceeds $7.5 billion. Just take a moment to wrap your head around that—is Bandić's influence really worth less than a billion? It makes comparing him to a mere small-timer like Mamić seem almost ridiculous. 🙄