the poverty rate in New York City has risen significantly under the Bloomberg Administration' from 18.4% in 2008 to 20.9% this year. Furthermore, this is an increase of 74,000 people who fell into poverty compared to the 2011-12 school year. Worse, is the astounding increase of homeless families since the Mayor took office. The increase in homeless families is a mind blowing 73% since 2002. Hard to believe but true. Moreover, the amount of children living in a homeless shelter in January was 21,000 which rivals the numbers found in the 'Great Depression". "Way to go Bloomie".
There is a major correlation between child poverty and homelessness with educational outcomes and only people like ex-Chancellor Joel Klein and Michelle Rhee ignore this correlation. In addition, the effects of poverty combined with homelessness resulted in these children not reaching their academic potential.
By contrast, the Mayor saw a significant increase in his wealth during the same time period and is one of the 13 richest men in the world and increased his net worth by 5 billion dollars while the New York City income gap continued to widen. In fact, the City's income gap is so wide that it rivals many sub-Sahara countries in Africa. Unbelievable but true. Yet the unaccountable Mayor seemed unfazed and blamed everybody and everything except himself on the income gap in New York City under his watch.
The Mayor's legacy includes an unacceptable increase in poverty, an astronomical increase in homelessness, a failed educational reform program, and a wasting of billions of dollars on various bad technology projects like the 911 fiasco, and CityTime to list just two of many. I guess accountability is for everybody else but not for our billionaire Mayor. "Way to go Mikey".