By now, many of our readers may have seen an article about the all the new fees and other taxes that New York’s governor is asking for in order to balance the state budges. I was struck by this bit: "Mayor Michael R. Bloomberg said the budget cuts would deprive the city of about $1 billion, potentially forcing him to order layoffs beyond the 500 he has already announced." New York City has roughly 250,000 employees. Are there really no more than 500 jobs to cut?
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