This is the ‘Adams Budget Crisis. '”Advertisement“We are speaking about a fiscal crisis at a scale greater than the Great Recession,” Mamdani maintained. Because the risk is so high, it’s therefore “time for the rich to pay their fair share.” We’ve heard that before, haven’t we? Mayor Mamdani promised a laundry list of “free” giveaways to buy votes, with no plan to pay for them. Editor’s Note: Zohran Mamdani is an avowed Democratic Socialist whose policies are wreaking havoc on New York City.