Word: lindsays
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Dates: during 1960-1969
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Imagine the following scenario: With his wrists handcuffed behind his back, his legs bound tightly, his eyes blindfolded and his mouth gagged, John V. Lindsay is told he must rescue a drowning New York City (from the polluted Hudson no less). This comes close to describing the present situation. A more modern version of trial by fire cannot be found...
...That Lindsay won a second term is a tribute to the resiliency of the man, but not a sign that New York City has been (or will be) saved...
...Lindsay probably has as bright a group of advisers, assistants, and program planners as exists in any federal, state, or local bureaucracy today. What is lacking in New York, but to a much lesser extent in Washington, is meaningfully organized economic and social data to begin knowing what optimal policy is and how to implement it, even if it can't yet be achieved because of other institutional constraints...
Prof. Gerald Boyle of the University of New Mexico has estimated aggregate elasticities for state and local governments between 1956 and 1966. What he found would not surprise any urban mayor, particularly John Lindsay. With every one per cent increase in income, expenditures grew by 1.1 per cent while revenue grew by only 9 per cent...
...Mayor Lindsay, in his Policy Statement accompanying the latest Executive Budget, outlined a multiple adjustment (and received, as expected, a multiple response): "To close the ($600 million) gap has required a series of measures. First, the budget was cut ($276 million). Second, State aid to the City has been substantially increased ($220 million). Third, new and additional taxes will be necessary. Fourth, I am recommending that user charges and fees for certain services he adjusted to a full cost basis. Fifth, there are in addition numerous funding shifts...