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by sriram_sun 973 days ago
Cost of policing is close to or possibly the highest expense for any city. That did not put security guards out of business.
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Why do you think this? NYC, which spends extraordinary amounts of money on the NYPD, still only spends 10% of its budget on public safety[1]. The 4 largest categories are education (20%), transportation (15%), environmental protection (15%), and housing and economic development (15%).

[1]: https://www.ibo.nyc.ny.us/iboreports/understandingthebudget....