New York City’s socialist experiment is already hitting the wall. Zoran Mamdani admits he’s “forced” to raid the rainy day fund, tap retiree health reserves, and hike property taxes—after promising “free” everything and claiming only the ultra-wealthy would pay. Meanwhile, homelessness policy whiplash follows deadly winter street conditions, and even CNN can’t hide the economic reality as Kevin O’Leary shocks the panel. This is what happens when Marxist math meets real budgets.

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