• Liz Peek
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  • 4-28-26 - The Peek Perspective

4-28-26 - The Peek Perspective

Thursday, May 22nd, 2025

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Columns

Angry, Affluent and Adrift
 

Angry, Affluent and Adrift — What's Driving Some Young Americans to Violence

Young Americans are increasingly miserable despite living in the world's most prosperous nation. Surveys show they despise capitalism, fear climate change, and have traded faith and family for radical politics — a toxic combination that Liz Peek argues is now fueling real-world violence. From the alleged White House Correspondents' Dinner shooter to school gunmen barely out of their teens, a disturbing pattern is emerging among educated, privileged young people radicalized by a culture of grievance.

Peek traces the ideological rot to elite institutions and mainstream media alike. A recent New York Times podcast featuring Hasan Piker — a self-described socialist who lives in a $3 million LA home — praised petty theft as political protest and edged toward justifying murder, calling health insurance executives "merchants of social murder." The Times' own editor appeared to endorse the logic, framing shoplifting from chains like Whole Foods as understandable resistance to inequality.

The deeper pathology, Peek argues, is liberal guilt metastasizing into paralysis and resentment. NYT contributors openly agonize over getting iced coffee in a plastic cup or ordering takeout in the rain, yet condone far more serious moral failures when wrapped in progressive language. This isn't political conviction — it's performative misery dressed up as activism, and it's contagious.

The solution, Peek contends, won't come from social media reforms alone. Young Americans must reckon with the false prophets they've elevated — from Hasan Piker to Zohran Mamdani — and rediscover the values of family, faith, and personal responsibility that actually produce flourishing lives. Until that reckoning happens, the violence will continue.

"They hate the status quo and have bought the idea that American institutions and businesses are corrupt and must be punished — even if that means violence."
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News

Mamdani NYC Budget Crisis
 

Mamdani Races Against the Clock on NYC Budget as Deficit Balloons to $6B, Tax Proposals Languish

New York City Mayor Zohran Mamdani is seeking a City Council extension on the May 1 budget deadline as the city's fiscal crisis deepens, with a nearly $6 billion deficit and his signature tax proposals effectively blocked in Albany. Speaker Julie Menin has conditionally agreed to the delay, but only if City Hall identifies meaningful spending cuts — something the socialist mayor has been reluctant to commit to.

Mamdani is banking on relief from Governor Kathy Hochul, urging her to pause costly mandates including class-size requirements and redirect state resources to the city. Menin has quietly joined that lobbying effort, and both are backing a pass-through entity tax credit that could generate roughly $1 billion annually. But Hochul has largely held firm, pushing City Hall to cut spending from within its $127 billion budget rather than raising taxes.

As a political off-ramp, the governor has floated a pied-à-terre tax on luxury second homes that could generate $300–500 million annually — framed as a compromise that lets Mamdani claim a win on taxing the wealthy. Meanwhile, City Hall has explored stopgap measures including tapping reserves and delaying pension contributions, moves that have alarmed credit rating agencies threatening a bond downgrade that would cost taxpayers far more in the long run.

The standoff echoes the 2014 de Blasio budget battles — a parallel made more striking by the fact that Mamdani's own first deputy mayor, Dean Fuleihan, was de Blasio's budget director during those same fights. That crisis was resolved without new taxes or extra state aid. Whether Mamdani can find a similar path out remains very much in doubt.

Three of the four major credit rating agencies warned that draining city reserves could trigger a downgrade — significantly raising borrowing costs and ultimately hitting taxpayers hardest.
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