NYC Mayor Eric Adams Issues Warning of 'Financial Tsunami' Amid Raging Migrant Crisis

Eric Adams warns of "financial tsunami" brought by the migrant crisis.

NYC Mayor Eric Adams Issues Warning of 'Financial Tsunami' Amid Raging Migrant Crisis
New York City Mayor Eric Adams warned of a potential "financial tsunami" amid the migrant crisis that has been exacerbated by hundreds of thousands of asylum seekers. Michael M. Santiago/Getty Images

New York City Mayor Eric Adams doubled down on his warning that the Big Apple will be struck by a "financial tsunami" amid the raging migrant crisis that he says could "destroy" Gotham.

Adams' remarks were made during an interview on Sunday, where he predicted that the fiscal disaster would force women and their children to be housed with single men. He warned that the situation would threaten public safety. The mayor's statements come just a few days after a violent scuffle between police authorities and migrants during a crackdown on illegal scooters.

Eric Adams Warns of Financial Tsunami

The NYC mayor also said that United States President Joe Biden must forcefully push for additional border control. He said this should include a "stay in place" order for migrants in Mexico until they "are allowed entry." This is opposed to illegally crossing the US southern border and claiming asylum.

Adams noted that he had to be honest with New York residents about what they should expect to experience due to the migrant crisis. As per the New York Post, he warned of a financial tsunami that the city has never experienced before.

He added that New York City is not a utopia and cannot manage 10,000 people a month with no end in sight. Adams said such a situation cannot be allowed to happen because it would undermine the entire city and its people.

The mayor also refused to back off his controversial claim last week that the migrant crisis will destroy the city. He argued that all services within the region will be affected due to the estimated cost of addressing the issue, which is expected to reach $12 billion over the next three years.

Adams said that every service in the city would be impacted by the crisis, including child service, seniors, and housing plans. The mayor added that migrants would experience the long-term impact of not getting proper treatment.

Worsening Migrant Crisis

The situation has caused several major U.S. cities to struggle with the influx of asylum seekers who have filled homeless shelters. According to Fox News, after the Biden administration introduced a new set of restrictions in May, illegal border crossings fell sharply.

However, the numbers are on the rise once more, exacerbated by families with children coming into the country. Preliminary data from US Customs and Border Protection showed that in August, officials experienced the busiest month ever for apprehensions for migrant families crossing the border with children from Mexico.

Adams previously warned that agency heads must cut their budgets by roughly 15% by next spring to compensate for increasing asylum-seeker costs. The cuts, considered the largest in recent history, are liable to generate outrage from city lawmakers, the institutional left, and commissioners.

The warnings also appeared to double as a pressure campaign aimed at Albany and the federal government to urge them to help with the influx of more than 100,000 migrants since last year, said Politico.

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New York City, Mayor
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