Biden victory -> greater optimism about a fiscal deal for states and cities. But if fed aid relieves the same portion of these gaps as in the “Great Recession,” NY State & NYC still will have to implement gap closing actions totaling $57 bn.
cbcny.org/research/feder…
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…