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IslandRebel • yesterday at 9:22 PM • 0 replies • view on HN

> It's extremely common that when a right wing government transitions to a left wing government, the left wing government notices it has insane unpayable debt and tries a bunch of desperate things to repay it.

They both often continue increasing deficits and spending until they can't.

> Mamdani had the same problem but was luckily able to negotiate practicable payment plans on NYC's debt.

The last right-wing mayor was Bloomberg (I don't know how right-wing Bloomberg really is when he tried running as a Democrat), and that was 13 years ago.

> Also I believe it's much easier to solve well intentioned stupidity than to solve malice.

Well-intentioned stupidity can go on for far longer because people won't want to intervene because of a negative perception when intervening. If there is malice, there isn't a negative perception when intervening.