Mamdani Starts to Deflate

The election of Zohran Mamdani as New York City mayor set off — for his fan base, anyway — great expectations of a more "affordable" city. But the Democratic Socialist hasn't even been sworn in, and some of his marquee promises are already history. Start with free buses. For a city dependent on public transportation, free buses are a nice idea but also a bad idea. Fares pay for the buses, and even if you plug that hole with another revenue...