It is a really tough position. Why would you want to be the mayor of New York City? I am afraid that we could lose New York City as we know it. I think we're at a pivot point in New York City. I think a lot of cities across the country, by the way, are in a pivot point. You start to lose people, you start to lose wealth because of taxes, because of crime, et cetera. You start to lose your tax base. You're on now a downward spiral. And I'm feeling that in New York. And I am a New York City boy. All my life I worked in the Clinton administration. I was the Housing secretary for eight years. (54:24–54:45)
CLAIM
Asserts that New York City and other cities are at a pivot point, risking loss of people and wealth.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
