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Book Talk: Fear City: New York’s Fiscal Crisis and the Rise of Austerity Politics
June 13 @ 6:30 pm| $5
The October 30, 1975 edition of the New York Daily News led off with a startling headline: “Ford to City: Drop Dead.” This blunt declaration referenced a speech by then-President Gerald Ford denying any federal bailout money to the financially-troubled city of New York, notorious for poverty and crime throughout the 70’s and 80’s. Historian and New York University professor Kim Phillips-Fein dives into the crises of this turbulent period in New York’s history, surveying the fiscal policies that led the city to the brink of bankruptcy, the scare tactics used by the powerful to enforce austerity, and the lasting effects on the city and nation at large.