IzzyBrand picks up on the follows:
"In "Rudy the candidate gets religion," Erik Engquist & Anne Michaud of Crain's New York Business remind readers of this, and also the fact that Rudy's engaging in some revisionist self-congratulation regarding the state of the City's finances when he arrived:
The former mayor....says that he turned "a deficit"--it was actually a projected shortfall--"into a multibillion-dollar surplus." Economists say a late '90s Wall Street boom powered the financial turnaround, but a recession began early in Mr. Giuliani's final year, before Sept. 11.
After he left, the city raised property, income and sales taxes to plug a massive budget hole.
