May 20, 2013
  • amNewYork Letters to the Editor

    Massive layoffs would fix the economic crisis

    How would you fix the economy? The St. Petersburg Times asked readers for ideas. David Otterson nailed it: There’s about 40 million people older than 50 in the work force. Pay them $1 million apiece severance with stipulations. Forty million job openings — unemployment fixed. They buy new American cars. Forty million cars ordered — auto industry fixed. They either buy a house or pay off their mortgage — housing crisis fixed.

    — Gene Towba, Plainview

    No third track cripples Second Ave. subway

    Of all the measures the MTA is taking to deal with the current financial crisis, the worst one must be their decision to eliminate the third track from the Second Avenue subway. All other measures are temporary and can be reversed when the economy improves; the two-track tunnel will be two tracks forever. Not that the MTA would not have the funds to build the third track right now. According to the published data, management apparently decided to save 0.4% or $50 million out of the $14 billion Second Avenue budget by irreversibly crippling the new, state-of-the-art subway line.

    — Vlado Haluska, Manhattan

    Mayor needs some of the blame for Wall Street

    How is Mayor Bloombucks escaping blame for the collapse of Wall Street? Do people not know Wall Street is located in NYC, and is supervised by the mayor of NYC, especially after hearing the mayor say Wall Street accounts for 20 percent of NYC’s revenue?

    — Milton Katzis, Manhattan

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