Annual American Community Survey shows New York City has the largest gap of income inequality in United States
The facts are plain to see for anyone who examines the vote by precincts. Quinn did best in the city’s most affluent areas. Whatever her real sentiments, she let herself become the candidate of the 1 percent, and that would have doomed her even if she’d been a straight man. The New York press was predictably tardy about noticing this trend. It failed to detect the scope of class resentment among Democratic voters. Under Bloomberg, neighborhood after neighborhood has become a hip playground for the rich. Many working and middle class people feel shut out of their city. Yet the dailies missed this story until it smacked them in the face. As de Blasio’s numbers rose, the press began to notice him, but the underlying issue of class was not addressed. He was accused of taking contributions from slumlords (the News) and chided for being a Boston Red Sox fan (the Times). But his ideas were briskly dismissed. “Tired,” a News editorial called his tale-of-two-cities theme. “Divisive,” snarked the Post. At his victory rally, a Times reporter noted “the well-worn liberal script” of his speech. We’re supposed to have an ideologically diverse press, but in this case all the papers agreed.
At 0-3, the Giants ‘ playoff hopes are on life support in the third week of September. The Giants got wiped out in all phases, but the play of the offensive line was especially grisly. Eli Manning was brought down for seven sacks and hit 10 additional times. Six of those sacks came before the second quarter was two minutes old. Manning never has missed a game in his NFL career, but he won’t survive many more beatings like that. The O-line was awful, but this was a total team failure. There’s too much talent on this roster for the Giants to look this bad. Here’s what else we learned: 1. This easily was the Panthers ‘ most complete game in the Ron Rivera era. The offense ran for nearly 200 yards and Cam Newton threw three touchdown passes. The Panthers ‘ defensive line continues to look like one of the best in football. Rivera doesn’t have to worry about sitting on the hot seat during Carolina’s bye week. 2.
New York businessman leading group purchasing Florida Panthers
Vincent Vinnie Viola, a former minority owner of the NBAs Nets, and his group are buying the Florida Panthers from Palm Beach businessman Cliff Viner. NETSDAILY.COM Vincent Viola Sports ties: Former minority owner of the New Jersey/Brooklyn Nets Outside sports: Former chairman of the New York Mercantile Exchange and current chairman of Virtu Financial, an electronic commodities trading company By Barry Jackson and George Richards bjackson@MiamiHerald.com Vincent Vinnie Viola, a prominent New York businessman and former minority owner of the NBAs Nets, is leading a group in completing a deal to purchase the Florida Panthers from Palm Beach businessman Cliff Viner, an industry source said Wednesday. Letters of intent have been executed, but the transaction still needs to be signed and approved by the NHL. The source said its conceivable the deal could fall through, but both sides want to make it happen. The sale price is $230 million, and Viola is buying out several of the teams minority owners. Last season, Forbes had placed the franchises value at $170 million. The Panthers are expected to remain in South Florida; the teams lease with the Broward County-owned BB&T Center runs through 2028. Sunrise Sports & Entertainment, which operates the arena, is the profitable arm of the Florida Panthers family of companies and is said to be part of the transaction. The team had no comment after the New York Post first reported a group of unidentified New York-based investors were buying the team. The Panthers have been losing more than $20 million per season in recent years, the source said. A source close to the team confirmed the sale was in the works and said general manager Dale Tallon has been telling players interested in coming to the Panthers such as former All-Star goalie Tim Thomas that a new owner would be in place soon. An announcement could be coming in the next few weeks. Captain Ed Jovanovski, who said he heard reports of a new owner on a weekly basis while with the Phoenix Coyotes, said word of a new owner shouldnt affect the team at all.
Why the New York Press Misread the Primary
But one bottom line supports the campaign refrain of Democratic mayoral nominee Bill de Blasio, who says New York is a tale of two cities. Of the 30 most populous American cities, New York is tops in the inequality between the rich and poor. Of major cities, New Orleans and Miami come close but dont surpass New York, according to Adam Bee, an economist in the income statistics branch of the bureau. Poverty persists in New York. In 2007, before the recession hit, 18.5% of the residents of the citys five boroughs lived below the poverty level. By 2012, 21.2% were living below the poverty line, defined as total annual income of $23,283 for a family of four. When the surrounding suburbs are included, 14.8% live below the poverty line. But there also is good news in the new numbers. More New Yorkers have health insurance, an increase largely explained by more baby boomers becoming eligible for Medicare. In the metro area, 12.8% lacked insurance last year, a drop from 13.2% in 2011. Other data is very eclectic. For example, there were 4,275 females between the ages of 15 and 19 in the five boroughs who gave birth last year. Of those, 91% were unmarried. There were 972,920 people employed in education, health care and social services in the city and just 5,320 employed in agriculture, forestry, fishing and hunting. The median household income in the entire metro area was $63,982 in 2012, nearly the same as 2011.