New York City mayor-elect Zohran Mamdani speaks during his visit to a mosque in San Juan, Puerto Rico, November 7, 2025. REUTERS

Zohran Mamdani’s victory-lap speech Tuesday night reeked of Vladimir Lenin after Russia’s 1917 communist revolution.

But instead of commanding a Red Army, the mayor-elect should be aware he will be facing lots of red ink.

That’s on top of some very strict and sensible financial rules put in place some 50 years ago — just in case a deranged Marxist ended up running New York City.

Yes, socialism can sound rousing when it’s pitched by a skilled orator.

Mamdani spoke of soaking the rich — failing to mention, of course, that they’re already paying some of the highest taxes in the country.

He ranted how the poor will finally have their day — in a city that a

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