1970s New York City financial crisis
GPTKB entity
Statements (26)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
economic crisis
|
| gptkbp:cause |
fiscal mismanagement
declining tax revenues rising expenditures |
| gptkbp:consequence |
reforms in municipal finance
long-term fiscal oversight of New York City |
| gptkbp:effect |
reduction in city services
layoffs of city workers near bankruptcy of New York City |
| gptkbp:endDate |
1978
|
| https://www.w3.org/2000/01/rdf-schema#label |
1970s New York City financial crisis
|
| gptkbp:location |
gptkb:New_York_City
|
| gptkbp:mediaCoverage |
New York Daily News headline: 'Ford to City: Drop Dead'
|
| gptkbp:notableEvent |
creation of the Municipal Assistance Corporation (MAC)
federal loan guarantees |
| gptkbp:notableOrganization |
Municipal Assistance Corporation
Emergency Financial Control Board |
| gptkbp:notablePerson |
gptkb:Hugh_Carey
gptkb:Abraham_Beame gptkb:Felix_Rohatyn |
| gptkbp:relatedTo |
gptkb:Gerald_Ford
gptkb:United_States_federal_government gptkb:New_York_State_government |
| gptkbp:startDate |
1975
|
| gptkbp:bfsParent |
gptkb:I_♥_NY_campaign
|
| gptkbp:bfsLayer |
6
|