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2021 m. rugsėjo 15 d., trečiadienis

What do big city governments need to do for cities to survive today’s hardships?

 "Most economically pernicious for big cities is the “work from anywhere” phenomenon. The pandemic has ignited an exit of workers from urban areas. They’ve been empowered to work wherever they like. Over three-quarters of a million more people have left big cities than have moved to them since the pandemic hit, according to Moody’s Analytics calculations based on address changes on their credit files.
This is up threefold from a similar period just before the pandemic. New York City alone is responsible for over one-third of the increase in net outflows of people from urban areas to suburbs, exurbs, smaller cities and rural areas. Los Angeles and the Bay Area of California aren’t far behind, followed by Chicago, Boston, Miami, Washington, Seattle and Philadelphia.
Some white-collar workers will give up the work-from-anywhere lifestyle when office buildings welcome back workers in earnest, but for most it is here to stay. Human resource departments will work out the niggling impediments. For example, if an employee moves from New York to Jacksonville, Fla., should she still be paid according to New York’s higher wage structure and higher cost of living or more in line with those of Florida? Employers and employees will, naturally, have different views on this, which will slow down how quickly these negotiations shake out. For many, the shorter commutes, cheaper housing and living costs, lower taxes and easier-going lifestyle of many Southern and heartland states will be a huge draw.
The Delta variant is a reminder, if we needed one, that the pandemic is not over and that economic recovery is closely tethered to its ebbs and flows. It won’t be a straight line back to full strength for the economy, particularly for the nation’s biggest cities.
 
They have some adjusting to do: finding ways to moderate real estate prices, rent and other living costs and bringing down tax rates. 
Cities have faced daunting economic challenges in the past yet always come through. When they do, and only then, will our economy truly get its groove back."
In Vilnius, we will demolish the monument to the Writer Cvirka, sprinkle sand (as if it were a beach) so that the ladies can lie half-naked where the gallows of Muravyov-the Hangman of Vilnius stood, and the cats would have a place to culturally urinate and defecate in that sand. And it will be good, what else do the stupid people running to Vilnius from Lithuanian villages need? Ladies are half-naked, cats are from Vilnius, they don't catch mice. 


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