00:00that matter here it's all about the smile uh theme for the day talking about is all about
00:13the smile substance matters and facts matter just think about that um new york as we discussed is
00:25comeback capital you look at our history knock us down we get back up we learn we come forward
00:31uh and there's no doubt that today you talk to new yorkers we have problems uh but there are no
00:39problems that we can't solve and as a matter of fact there are no problems that we haven't solved
00:44before right uh the issues we're grappling with now homelessness public safety etc we've dealt with
00:53these issues before uh and it's time to address the issues it's time to build confidence and
01:02optimism uh get businesses coming back to this city and that's about building a new new york city
01:09but it doesn't just happen you need a smart plan and not just a plan but you need the experience
01:18and the ability to get it done right there are a lot of proposals the trick the key from all i've
01:27seen on all levels is the ability to get it done to make government actually move to get something
01:36completed that is the art form in government my friends uh we've been laying out a new new york city
01:45agenda build an affordable new york city build a new public public safety system build community
01:52which is what new york city is all about the spirit of community right 180 languages in our public school
02:00system forging community from that diversity build the economy of tomorrow today because it's about jobs
02:07it still is always was and build a new subway system and i'll be laying out different pieces of this
02:15platform over the coming weeks affordability as you know is a major issue uh working families are getting
02:22squeezed consumer prices have risen higher than the median household income 50 of working age households
02:30can't meet meet basic needs uh cost of goods in new york city metropolitan area rose by 56 percent
02:39over the past decade which is frightening when you think about it transportation affordability
02:46i propose a 100 percent subsidy for low income new yorkers
02:52on both buses and subways okay low income defined as 150 percent of fpl federal poverty uh level uh many more
03:07people use subways than buses in new york's about 3.4 million riders on subways about 1.3 million riders on
03:15buses and this would be a 100 percent subsidy period uh assemblyman mamdani proposed uh 100 free buses
03:29fast free buses for all my question on that proposal is first of all what happened to subways more people
03:38ride subways you just leave that out but number two why would you subsidize the rich i get the theory of socialism
03:51and government provides government controls i get that but besides playing socialist why should new yorkers
04:02subsidize the bus fare for rich people why why should they pay my bus fare right um
04:15and mr mandami has talked a lot about his free bus plan but here's what he doesn't tell you
04:21he passed a one-year pilot on it in the assembly uh with senator mike generis who happens to be a senior
04:31member of the legislature uh and tends to be able to get things done and then uh it ended all together
04:39and he couldn't get it renewed uh zoran's free bus push was relegate relegated to the parking lot so
04:48all of this about a one-year pilot that he couldn't even get renewed himself and again i come back to
04:56because it's it's it's constant throughout this discussion why is government supposed to be
05:02subsidizing the rich test question who is the original progressive president who's the original
05:12president who put forth progressive agenda known for putting forth a progressive agenda
05:18uh technically teddy roosevelt uh but since teddy roosevelt is a republican we're going to eliminate
05:29that answer and we're going to go to who is the first democratic president and you win uh governor
05:37uh governor roosevelt then president roosevelt
05:41new york when he was governor he forged the progressive government ideology that he brought
05:51to washington many people forget that i can see you're excited by that gloria gloria and you knew
05:57that also uh and he said the test of our practice is not about whether we add more to the abundance of
06:06those who have much it's whether we provide enough for those who have little so my opinion the mta
06:14should not be subsidizing fares for rich people food affordability it's a major issue no doubt
06:2240 of new york city adults live in households at risk for food insecurity 20 in the bronx
06:29the bronx the bronx in many categories is the borough that it has
06:39more problems and problems of a greater magnitude than any other borough and it's not even close
06:46highest crime rate highest poverty rate the bronx also food insecurity 14.6 of new york city residents
06:54of food insecure it's only getting worse my proposal
07:03is food subsidy for low income families who are not eligible for snap but who still have hardship
07:15economic hardship even though they're above the snap threshold uh snap is a federal uh
07:24supplemental nutrition program which would be from 130 percent to 150 percent and this would provide
07:31them 100 per month uh the assemblyman's proposal is government run grocery stores one per borough uh
07:44it assumes that the government is going to efficiently be able to run these grocery stores which by the
07:51way are very hard to run it's a very slim margin in a grocery store it's only about one to three percent
07:57or the government would then have to subsidize the grocery stores you open a government run grocery
08:03store you're going to be competing with the private grocery stores right you're competing with the bodegas
08:10right maybe put them out of business maybe cost jobs uh and to be one per borough which would be
08:19overwhelmed just imagine one store in brooklyn and all of brooklyn going to the one store
08:26and most of all the uh experiment has been tried and has failed and once again there's no income threshold
08:38so it's a government-run store and rich people can go there to shop
08:44shop why would you subsidize rich people's purchase of food why would you do that well that's the socialist
08:55ideology is government controls uh food distribution transportation education
09:05i get the theory why would you propose subsidizing the food for rich people
09:14this is what the assemblyman says about it himself
09:21let me go back because i passed
09:30oh sorry technical difficulty
09:34we'll come back to that uh but what he says in the clip is basically we'll try this as a pilot
09:52and government should experiment and if it doesn't work say la vie it was wrong
09:58uh no it's not say la vie when it doesn't work right because these are families who are really
10:11struggling this is real life for people this is not we'll try it we'll experiment one person borough if
10:21it works great if it's not if it doesn't work great this is real life and it's not say la vie
10:29and by the way we don't have to experiment because we have experimented this is not a new idea it was done
10:38in kansas city kansas city's failing government funded grocery store has earned international infamy
10:45for me infamy for its empty shelves and rotten smells right so it has been tried and it failed
10:54and why would you have this new york city government that struggles to fill a pothole
11:00is now going to go into the grocery store business i mean on what theory would you think that somehow
11:08that's what we should be doing government should now go into new private sector enterprise it makes
11:16no sense and again why are you coming up with proposals that once again have taxpayers subsidizing
11:22rich people on wages you know new york state was the first to pass 15 minimum wage it was the highest in
11:28the united states i was very proud as governor to do that they then added a cola adjustment to it but it
11:34hasn't kept up with the cost of inflation my proposal is a 20 minimum wage 17 in 2026 i believe it will
11:44boost the economy i believe 1 million workers will benefit and it will be a stimulative initiative when i
11:55passed 15 which was the highest in the united states everybody said oh it's going to be crushing for
12:00businesses it's going to be too slow for i said no it's calibrated intelligently we had a protection
12:07against small businesses and i think it's actually going to stimulate the economy and it did the
12:13assemblyman proposes 30 million dollars which would basically be a doubling of the minimum wage i think that
12:23will cost jobs and i think that would bankrupt businesses i think it's too much uh too fast i also
12:32think we need to cut taxes for working families i would eliminate eliminate the new york city income tax
12:38for families making up to 250 of fpl that's about seventy seven thousand dollars for a family of four
12:45i would also cap new york city homeowners property tax at no more than two percent a year or the cost of
12:54inflation i passed this for the rest of the state because property taxes are a crusher for a homeowner
13:04and the increase in property taxes is a crusher and the rest of the state i passed a two percent property
13:12tax cap so your property tax taxes couldn't go up more than two percent and you had some areas in the
13:19state where they were going up six percent seven percent eight percent every year and we had a two
13:27percent cap it saved over 30 billion dollars to homeowners new york city refused to have the cap
13:37cap because they wanted the ability to raise taxes higher than two percent i would pass the two percent
13:45property tax the assemblyman has no tax cut for working families also his ideological tax proposals
13:54that would fund his policies are either non-starters or they are frankly fraudulent that's why one of the
14:05themes for the day was facts matters he says his corporate tax increase increase would simply
14:11equalize new york city's rate with new jersey's tax rate right you've heard him say that a number of times
14:19i'll raise the new york city corporate tax rate it'll be the same as new jersey it'll be the same yeah only
14:26problem is it won't be the same the jersey corporate rate is 11 and a half uh the assemblyman says well
14:37then we should make new york state 11 and a half new york state is now 7.25 raise that to 11 and a half yes but
14:48what he leaves out is new york city has corporate taxes on top of the state corporate tax so yes you could
14:59raise the state tax to 11 and a half and the jersey tax to 11 and a half but then you have another 12
15:09percent of city taxes that you're adding on which you have failed to mention
15:16so it would actually be double the rate of new jersey and then ask corporations do you want to stay in
15:27new york or do you want to save taxes because we just doubled your taxes by just going across the bridge
15:37another fraud alert today the assemblyman repeated something he said a number of times
15:43that he had to fight me in 2021 to raise taxes on the rich i didn't want to raise taxes on the rich and he
15:52had to fight me to do that that is a lie and that's a harsh word lie but sometimes it's just a lie and that is
16:04just a lie i proposed a tax increase in 2021 that was my proposal that was in my budget proposal that
16:17went to the legislature the way it works is the governor makes a budget proposal sends it to the
16:22legislature legislature responds it was in my budget proposal cnbc wrote a story saying in my budget
16:30proposal i never even heard of assemblyman mom donnie two reasons because he was never there and he never
16:40did anything uh but that is just untrue uh also his proposal for a statewide corporate tax but the revenues go
16:52all to new york city that uh is either a fraud or one of the most naive uh and ignorant proposals there is
17:04no way legislators in buffalo long island are going to vote to raise the taxes on their corporations to send
17:13it to new york city that is not going to happen and look i proposed and passed many new york firsts and i had
17:25more success with the legislature than any governor in modern political history 11 budgets passed on time
17:34hadn't been done in modern political history i am telling you this is a non-starter it would be a
17:43non-starter for a governor let alone the new york city mayor what is the best answer to affordability
17:51it is business development it is opportunity it is jobs it is economic growth it is not anti-business
18:02socialism what makes new york new york the economy businesses we're not doing a lot of farming out
18:13there i don't know if you noticed on the way in there are not a lot of farms left in new york they're
18:20buildings where we are doing where people work and we want businesses to stay and we want businesses
18:28to grow and we want businesses to come because that's jobs that's opportunity that's growth socialism
18:38that says we're anti-business we're anti-corporate what they did on the amazon project that i had coming
18:46to queens thousands of jobs to open a second headquarters socialists were anti-business anti-corporate
18:56they killed the amazon deal cost us thousands and thousands of jobs how did that help it doesn't
19:06and this theory that you can have a socialist city in a democratic capitalist country and that is going to
19:17thrive is a non-starter they will leave the city for any other city or any other part of the country
19:31so it is just yes i understand that it's uh an interesting philosophical concept it has no connection
19:41to reality in sum what this all comes down to i am proposing real change that will help working
19:49families working new yorkers and i have the experience to actually get it done i make government work
20:00i've done it all my life i've gotten big projects done he's proposing a theory of socialism
20:08that has never worked anywhere go to venezuela go to cuba tell me how it worked and he has no ability
20:18to implement it and it would never make a positive difference in the new yorkers who actually need
20:25help p.s if you want an experiment with socialism go visit chicago and tell me how it worked out questions
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