Leading Economic Indicators: Gutter Punks!

Is it Williamsburg or Big Rock Candy Mountain? Hahahahahahaha:

Heroin-addict hobos from around the country are overrunning hipster haven Williamsburg — living in stalled luxury condo projects in the trendy Brooklyn neighborhood.

The newcomers, who call themselves “gutter punks,” are stirring outrage among residents and shopkeepers who charge the bums brawl on the sidewalk, shoplift and shoot heroin in trendy cafe bathrooms.

“It’s like St. Marks in the ’70s,” said Williamsburg activist Philip DePaolo[*], referring to the notorious East Village hangout. “It’s the bad old days all over again. There’s crack and heroin all over the neighborhood.”

The squatters, from middle-class families, hop freight trains to the city, where they can earn up to $150 a day panhandling in Manhattan. At night, like plenty of other borough commuters, they return to their homes: grubby hideaways inside boarded-up lots that pock the once-booming neighborhood.

“I’ve got to sleep somewhere, and I might as well do it in Williamsburg,” said Stuart, 22, a Florida college dropout.

The admitted alcoholic and heroin user makes $15 an hour panhandling in Union Square, holding a sign that reads “Traveling Broke and Sexy.”

“The girls here like it that I’m dirty and I ride trains,” he added.

*He’s gotten a couple of mentions recently; Honey, is the BS detector still in the garage?