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Jack Evans predicts a $4 billion budget deficit in FY24.
https://georgetowner.com/articles/2022/10/03/the-coming-d-c-financial-crisis/ Unless a miracle happens, hard choices (and potentially hard times) are ahead. |
This comment brought to you by someone who doesn't realize the lawyers and lobbyists who work downtown these days are mostly in their 40s and 50s, Millenials and Gen X, and many would happily free themselves of a car commute and embrace alternate modes of transportation. Also, as high earners, many have traveled extensively outside the US and notice that a lot of the places they enjoy going have extensive rail networks and lots of people on bikes, but do not have nearly as many cars. As people who have been to college and maybe even grad school, and who are required to use basic skills of logic and deduction as part of their jobs, many of them have concluded that investing in transportation infrastructure that preferences multi-modal and non-car methods of transportation is ultimately better for culture, health, the environment, and overall quality of life. But the PP thinks all lawyers and lobbyists are short-sighted boomers who just want to get to work in their mobile living rooms, then go home in their mobile living rooms, and then die. The times, they are a changing. |
I have no comment on economic impact of the bike lanes. However I do have a question about the fiscal impact of increasing income taxes on high wage earners and then immediately spending all the money and more. DC income taxes are far and away the highest in the region. Bowser has already committed to not increasing property taxes. What happens if the predicted massive budget deficits arise? Are they going to increase income taxes even more to compensate? Or what gets cut? |
Sounds like you never Lived in the city, just owned property there. As for Paris, doesn’t it do the opposite of US cities and push the poor, immigrants and minorities to the burbs? Is t discrimination in Paris what led to all the riots/fires a number of years ago? |
Really? When I moved here in the 90s/2000s, the hype was about moving x% of agencies out of DC bc concentrating givernment there made us vulnerable to attack without being able to recover quickly. |
| If they are able to buy that property and convert to residential property units, but the price is too exorbitant, they will remain vacant. |
I don’t live far from you (Shaw/Meridian Hills). It’s really a collective effort. I constantly see people dropping trash, takeout boxes and bottles on sidewalks and the streets without a second thought, as well as refusing to pick up their dog poop, which is grotesque to me. Then those same people complain and show up to council hearings and complain. Yes there should be more trash collection, but there also has to be effort. |
Didn’t we just get a dissertation that working in offices is for dinosaurs and there is no one going back to the office? |
Those people are dinosaurs who have come back to the office, most often by car. It stands to reason that if you make some place harder to get to by car then fewer people will drive there. Before I reduced car capacity I would want to be sure that bikes or transit would make up for less car travel. It doesn’t seem likely that it will in the next few years. |
Could you explain the difference between living in a city and what you think is “living” in a city? I need to know if I am doing it right. Also, how is the socio-economic geography of Paris any different than NYC? |
I keep reading on DCUM that DC is not NYC. |
So … you’re a colonist from the burbs who settled in the city? |
| Let’s cut to the chase and talk about schools. DC bleeds its high earning and middle class families every year due to crappy schools. |
This problem is not unique to DC. |