IHIP News: 🚨 Is Governor Hochul Going to Play TRUMPONOMICS or Execute the Will of VOTERS?

All right, Buenos Dias listeners, I'm in. Mexico and I want to talk to you all. about a New York Times. focus group that just dropped today. And. this is pretty fascinating stuff because. I think we've all felt it. We've all. felt that the base of the party is. moving towards wanting to fight, wanting. to be a full resistance, and then our. Democratic leadership, specifically. Chuckles and Hakeem and some other. players surrounding them, are not. putting up a fight at all. Validation at. once, Kylie popped this up.

Uh a New York Times just did a focus. group of Democrats and this is what they. had to say about their own party. The. words were spineless, more complacent. than I thought they would be, paralyzed, afraid, incompetent, suffocated, sold out, the Democratic. Party lined their pockets and created. they created this mess. Uh put up the. next slide, Kylie. Sellouts and suckers, immobilized, can I.

say no balls, no cojones? I will say say. that there are a large number of young. Democrats that are really starting to. climb the ranks in the party that are. motivated. I'm hoping that the word. starts to take over a little more. So I think that the New York Times found. a group of people for this focus group. that represent people all across the. country. Americans that are independent,

Democratic, progressive, or leftist are. very disappointed in Democratic. leadership. This is not happening in a. vacuum. This is nationwide. But that. last person in the focus group mentioned. young Democrats who are fighting the. good fight. And one shining example, even Trump couldn't help but just smile. and stare at the man in complete. adoration, is of course the mayor of New. York City, the young progressive Zohran. Mamdani. he is the most favorable.

politician in the United States of. America right now. Kylie, pop this up. Zohran Mamdani's popularity hits new. high according to this poll and this is. in Newsweek. And so why is Zohran so. popular? Zohran is so popular because he. is not beholden to corporations, period. And he takes a message of universal. human rights and that includes. affordability. Affordability meaning. it's equal to everybody and people like.

that message. People like that he is not. a status quo pick-me politician. So, as you all know, he just was sworn. in and he has gotten to work very, very. quickly. And one thing I like about what. the mayor of New York does is he does a. very good job governing and. communicating to the public what he's. doing. He's constantly on social media, he's constantly on podcasts, constantly. on the news, uh adding to the narrative, this is what. we did today, this is what we need to do.

today. But when he arrived in the City. Hall, in the mayor's office, the former. mayor, uh Eric Adams, left him with a. billion-dollar deficit and according to. the state law, they have to operate. under a balanced budget. Well, Zohran is. pulling up with the, uh you know, great. electoral win that he had against. Democratic establishment candidates, against the Republican Party, against.

the billionaire class, against the. Epstein class, Zohran won. And he won. from everyday Americans and small. donors. But he's facing this. multi-billion-dollar. deficit. And so he goes to the people. and he spells it out as plainspoken as. you can imagine. Play this clip. I want. to be clear. $5.4 billion is still a very steep. mountain to climb. And there are two paths that we can. walk. One that offers long-term.

stability, and the second one with. significant pain that we deeply hope to. avoid. The first path repairs the. structural imbalance between the city. and the state. We want to work with. Albany to raise personal income taxes by. 2% on the 33,000 New Yorkers earning. more than $1 million a year. And to. raise corporate taxes on the most. profitable corporations. And we know. that for far too long, New Yorkers have. given far more to the state than what we. have received in return. It is time to. end the drain.

If we cannot follow this first path, we. will be forced onto a much more damaging. path of last resort. One where we have. to use the only tools at the city's. disposal. Raising property taxes and. raiding our reserves. The second path is. painful. We will continue to work with Albany to. avoid it. This first path will deliver the. structural change that we need to. recalibrate the relationship between the. city and the state. Because as we know, New Yorkers. contribute 54.5%.

of state revenue, but receive only 40.5%. back. At the same time, New York City's. portion of the state's GDP has grown by. nearly 10% since 2010. That imbalance is untenable. Once again, I'm calling for Albany to. end the drain. There is no third option of failing to. balance the budget. By law, ever since. the fiscal crisis of the 1970s, which. placed the city on the brink of. bankruptcy, New York City has been. legally required to balance its budget.

We will do so. If we cannot pursue the first path, the. only option we have remaining is the. second path. At the heart of this path. is a property tax increase. This would. effectively be a tax on working and. middle-class New Yorkers who have a. median income of $122,000. The second path also requires us to raid. our reserves. It would mean withdrawing. $980 million. from our city's rainy day fund in fiscal. year 2026 and $229 million. from the retiree health benefit trust in.

fiscal year 2027. These are steps that have Okay. So, as. you can see, the mayor of New York is. actually taking this problem to the. people. And this is a problem of. mismanagement and previous. administrations failing to tax. corporations and tax the wealthy. in a manner that helps the city. function. The city puts in more money to. the state than it gets back. And so, there was a big stink in the.

far, far left side of. the political world when Zoran endorsed. Kathy Hochul. And she is the incumbent governor and. she's running again. And she is a. Democrat. I think that this situation, you guys, where Zoran, who is progressive, he's on. the left side of everything, and Kathy. Hochul, the governor, would be a little. bit more towards the center than he is. They are They can set out a blueprint.

right now to show the rest of the. country this is how this works. You have. a person who won by almost double digits. to be in the mayor's office. And he has. to work with this governor. And there tends to be this. in the Democratic Party that we can't. work together. We're not going to vote. this way unless you do this and that. And I think Zoran's way forward, number. one, taking it to the people and telling.

the people this is what we can do. We. can tap into the people whose lives are. not going to be affected by this. And I. need the governor's help. And the. governor and I can not only show America. that this is how the Democratic Party. works together, but also these fissures. within the Democratic Party. This is how. we build a big tent party. Taxing the rich is not some crazy. leftist idea. It is a centrist moderate position right. now.

What is radical is what has happened all. of these years now, and that is putting. the burden of mismanagement, of not. taxing uh the wealthy and giving them. ridiculous tax breaks, and putting in. that on the backs of working-class. people. And historically right now, not just for. every other blue state across the. country, because Trump has given the. wealthy so many tax breaks, they're not. going to be getting as much income in. these states because of the big ugly. bill.

Kathy Hochul and Zohran Mamdani have the. opportunity to show Americans what. compromise looks like and what fairness. is. And right now, it would not be fair. to tax working-class people who will. feel this, who will feel it. so much more so than these corporations. and uber-wealthy New Yorkers. And. listen, nobody likes paying taxes. Nobody does. But the Republican Party. for years has lied to the American.

public. They've lied to you and told you. they're good at business. They've lied. to you and they've only lowered the. wealthy's taxes and told you that the. wealth would trickle down to you, and it. never happened. And during this time, deficits have. ballooned up, and they never want. wealthy people to pay for their. mistakes. They always want working-class. people to pay for their mistakes, and. then they blame the working-class people. for saying, "Well, maybe you should get. a second job. Or you want better health. insurance, maybe you should get a better.

job. You can't afford child care? Tough. titties, that's not our problem." So, the cruelty within the Republican Party. and the way they leave these egregious. holes and let's let's get real for a. second. Eric Adams governed pretty much. like a Republican and this deficit that. he's left the new mayor with pretty much. confirms that. But Kathy Hochul was one of the first. to go endorse Zohran and I was so upset. when I saw Chuckles and Hakeem.

so tepid. to go endorse this super popular. progressive candidate. I was so. disappointed when I saw them not support. Zohran. But I always saw the governor. supporting him that she saw like this is. one of the greatest cities in the world, the city loves this guy, I'm going to. have to work with this guy and I'm going. to be his ally. And I'm hopeful. I've had Kathy Hochul. on the podcast probably a year or so ago. and I found her to be a um.

problem-solving pragmatic. deeply compassionate progressive person. I believe that Kathy Hochul understands. what's happening here and I believe that. her political impulses are good. She. endorsed Zohran early and I think that. she knows that she has to partner with. him to help this city and to put up a. resistance against Trump and make a. blueprint for all of the other.

Democratic states across the board. This. is how we work together. This is how the. progressive flank of the party partners. with the less progressive flank of the. party and we're not going to play. nanny-nanny boo-boo politics. We have to. work together to solve these budgetary. issues and I think that these two people. can do it. I think that if they can do. this, it sends a message to the. Democratic Party at large. This is how. we solve these problems. We have to work.

together. The base of the Democratic Party people. will say has moved far to the left, but. that's not the case. The. moderate position has moved over there. It is a moderate position that the. wealthy should pay their fair share in. taxes. It is a moderate position that. you expect the governor and mayors to. work together to not make working class. people's lives more difficult. That is a.

moderate position and I believe that we. need to keep our eyes on New York City. right now because. there's one little shining thing in the. show that is MAGA that if we can. see this governor. and this mayor show the Democratic Party. and thus America how to work together. to not put the mistakes of bad. politicians' choices on working class. Americans. This is popular. It is a.

common-sense position and I am so. hopeful that we can continue to see. Kathy Hochul and Zohran Mamdani come. together to show the United States and. the Democratic Party how we do this, how. we function as a government. All right, that's all we have. Like, subscribe, comment. Adios. I'll be back later with. more news.

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