- Crime cleaned itself up alongside the rest of the country. NYC’s inner city crime woes were a national issue. It just happened to be a lot more urban than other areas. Computerization aided police departments greatly nationwide and especially in NYPD. The end of lead gasoline, overall national economic recovery, and many other factors led to crime declining across the country contemporaneously.
- Koch balanced the city’s budget by 1981 so we can’t really say the city being broke was a root cause for the next 10-15 years
- Taxes can’t really explain this at all. New Jersey to this day still has almost double the corporate tax rate of NYC, just as an example. Why was NYC able to recover and thrive while still maintaining one of the highest overall tax rates in the country? There’s no data correlation.
- NYC wasn’t the only city to have a declining urban core population in the same time period by a long shot. Again, nationwide macroeconomics of the 1980s.
