[Ultra Sonic 007]

I was searching for information to try and confirm Spiff's words that Rudy had a deficit at the end of his mayoral term, and I came across this article.

I'm not quite that familiar with the Nation, only that it was left-leaning.

Didn't know it was the intellectual equivalent of "The Militant".

[Alberta's Child]

New York City DID have a huge deficit -- even before the end of Giuliani's second term in 2001. The city's fiscal fortunes are closely tied to its Wall Street brokerage houses, so tax revenues dropped precipitously after the stock market crashed in 2000.

While The Nation is a left-wing rag and has no credibility as a publication, it's worth noting that Jack Newfield -- the author of this piece -- was a regular beat reporter who covered the city for one of New York's two daily tabloids (I believe it was the NY Post) for years. He's put his own spin on the Giuliani administration here, but I don't see anything factually wrong in the article.

Ironically, he never even mentions some of the biggest reasons why CONSERVATIVES never liked Giuliani.