Bloomberg Talks Former NY Governor Andrew Cuomo Talks NYC Mayoral Race, ‘Socialist’ Tax Hike
Jun 9, 2025
In this engaging conversation, former New York Governor Andrew Cuomo discusses his bid for the NYC mayoral race. He warns that hefty tax hikes on the wealthy could drive them away to states like Florida and Texas. Cuomo reflects on the impact of COVID-19 on urban policies, tackling issues from public safety to homelessness. He also touches on the Democratic Party's struggle for identity and the need to connect with core voter issues. His insights reveal the intricacies of navigating New York's challenging political landscape.
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Cities Face Post-COVID Transformation
- Post-COVID, urban America faces a major transformation as remote work and mobility give people choices beyond cities.
- Cities must now compete economically and improve quality of life to retain residents and wealth.
Public Safety is Job One
- Prioritize public safety and address homelessness and mental illness to restore order and confidence in the city.
- Without safety, neither economy nor quality of life improvements will sustain city residency.
Subway Safety Key for Ridership
- Subway ridership fears stem mainly from homeless and mentally ill presence threatening passengers.
- Improving subway safety and quality of life is essential to reviving public transit confidence.