Comptroller John Liu didn’t let the fundraising scandal that has dampened his mayoral ambitions stop him from outlining a sweeping vision for the economic future of the five boroughs in a State of the City address today at City College. After giving a “shout out” to Knicks sensation Jeremy Lin, Mr. Liu explained why the city economy is in a precarious position and unveiled his plans to improve New York’s financial outlook.
“Today, more than 250,000 new yorkers languish in unemployment. That is more than twice the number of unemployed this city had a few years ago,” Mr. Liu said in a prepared version of his speech that was distributed at the event. “Is it any wonder that people occupy parks clamoring for a better economic plan, when they are left jobless year after year?”
Mr. Liu’s proposals included plans to cut waste, reform the city pension fund, implement a progressive personal implement tax and draw educational institutions to New York.
Governor Cuomo’s office sent an e-mail to supporters today pitching one of his top priorities for 2012–pension reform.
“We also have to focus on reforming the public pension system — one of the most expensive mandates for local governments. Pension costs are growing at an unsustainable rate, projected to increase 185% from 2009 to 2015,” the email said.
Mayor Michael Bloomberg gave his verdict on the ambitious slate of plans for New York Governor Cuomo presented in his annual State of the State address in a press conference following the speech today. Overall, the mayor called it a “very good speech.”
“I thought the governor’s speech left us all walking out thinking it was a great hope for the state, the state is going in the right direction and it’s a challenge to all of us to put our nose to the grindstone and actually do the work,” Mayor Bloomberg said.
Mayor Bloomberg expressed support for most of Governor Cuomo’s ideas, but he did take issue with Governor Cuomo’s plan to end New York City’s program of fingerprinting food stamp applicants. Despite the disagreement, Mayor Bloomberg once again insisted the rumors of tensions between City Hall and the Governor’s Mansion are greatly exaggerated.
In his annual State of the State address today, Governor Cuomo outlined his ambitious vision for the future New York State including sweeping campaign finance reform, massive construction projects, an entirely new neighborhood built from scratch on the West Side of Manhattan, legalized casinos and a slew of new social programs. Governor Cuomo described his strategy for 2012 as an effort to build on a first year in office where he changed the culture of Albany from partisanship to constructive cooperation.
Amid mounting reports of a troubled relationship between City Hall and the governor’s mansion, Mayor Michael Bloomberg said he’d support Governor Andrew Cuomo on two of his main initiatives for next year–pension reform efforts and the push for casino gambling. Mayor Bloomberg commented on both subjects during a press conference after he announced that average life expectancy for New Yorkers has reached an all-time high.