CNN host Fareed Zakaria leveled a sharp critique against the governance of America’s largest Democratic-led hubs on Sunday, arguing that cities like New York, Los Angeles, and Chicago are caught in a cycle of skyrocketing spending paired with declining results.
Zakaria’s remarks centered on a growing disconnect between ambitious social promises and the fiscal reality on the ground, specifically targeting what he called the “unaffordability” crisis in deep-blue metropolitan areas.
The catalyst for the discussion was New York City Mayor Zohran Mamdani’s proposed $127 billion budget. The plan, which has already drawn fire from the Washington Post editorial board, includes a 9.5% property tax hike intended to plug a $5.4 billion shortfall…