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Mamdani’s deficit math is nothing short of a cheap magic trick

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15.02.2026

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Mamdani’s deficit math is nothing short of a cheap magic trick

In office less than two months, Mayor Mamdani is already taking Gotham back to the bad old days of Funny Money.

In a move reminiscent of the 1970s fiscal crisis, Mamdani declared last week that the city’s projected deficit of $12 billion over the next 18 months had fallen to $7 billion.

Do you believe in magic?

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