Are New York's wealthiest truly fleeing over Mayor Mamdani? Paul Krugman debunks the myth in "The Plutocrats Who Cried ‘Commie’," revealing how billionaires' flight threats are empty. He argues NYC thrives on culture and in-person deals, keeping elites rooted despite tax fears, with affordability being the real challenge. Dive deeper into his insights: https://paulkrugman.substack.com/p/the-plutocrats-who-cried-commie #NYC #UrbanPolicy #ProgressiveVoices
The Plutocrats Who Cried “Commie”

About that “fleeing New York” claim

Paul Krugman