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Re: Time for the MTA to cash in on the graffiti in the system...

Posted by SMAZ on Sun Jan 6 17:31:14 2008, in response to Re: Time for the MTA to cash in on the graffiti in the system..., posted by GP38/R42 Chris on Sun Jan 6 11:54:02 2008.

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Good post. Many sectors of the economy were doing just fine in NYC during that period. The distress experienced by many areas were due to many other factors. The financial situation at City Hall, the state of the subways and the crime statistics were due mainly to political prostitution. In the 90s Orange County, CA went bankrupt evn though the county's economy was doing well. Similiarly Enron went bankrupt in 2001 while the rest of the energy sector was thriving. On the flip side New York went into recession in 2001-2002 but the quality of life didn't suffer thanks to strong political competence and past lessons learned.

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