Does de Blasio Have the Tools to Reverse New York's Growing Inequality?

Mayoral candidate Bill de Blasio's quest to reduce New York City's growing inequality is an admirable one, and a message that has clearly resonated with voters. But do local leaders have the tools to achieve such goals?

"Few would argue that inequality isn’t a real and growing problem," writes David Freedlander. "But it is also a national problem. Can cities, states, and municipalities address it meaningfully on their own?"

During his campaign, de Blasio has proposed higher taxes to fund universal pre-K and building more affordable housing to help reduce inequality. But even if he were successful in pursuing such policies, would they have a demonstrable impact?  

"If a mayor really wanted to reduce inequality, he would have to take measures that are not currently on the table, like vastly boosting the wages of the city’s workforce, creating a spillover effect in other industries, creating a citywide living wage and reducing or eliminating the debt load of New York residents, according to Jack Rasmus, a professor of economics at St. Mary’s College of California."

Full Story: Can Bill de Blasio Fix New York’s Income Inequality?

Comments

building block set

NEW! Build the world you want to see

Irresistible block set for adults when placed on a coffee table or desk, and great fun for kids.
$25

Prepare for the AICP* Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $245
Book cover of Insider's Guide to Careers in Urban Planning

So you want to be a planner...

Check out our behind the scenes look at 25 careers in the Urban Planning field
Starting at $14.95

Stay thirsty, urbanists

These sturdy water bottles are eco-friendly and perfect for urbanists on the go.
$19.00