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Critics: NY Gov. Cuomo's Start-Up jobs figures don't add up
Associated Press ^ | Aug 6, 2016 11:24 AM EDT | David Klepper

Posted on 08/06/2016 8:32:57 AM PDT by Olog-hai

New York Gov. Andrew Cuomo’s signature economic development program may have created fewer jobs than the state says.

The Democratic governor’s administration released a report on Start-UP NY that says the program has generated 408 jobs since its 2013 launch.

But a close look at the database accompanying the report puts the number at 395, and a lawmaker says other discrepancies suggest dozens of jobs may have been double-counted. …

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy; US: New York
KEYWORDS: cuomo; doublecounting; princeandrew; startups

1 posted on 08/06/2016 8:32:57 AM PDT by Olog-hai
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To: Olog-hai

Left the state in 1980 best thing I ever did

Run by democrats for ever....

Upstate is like Detroit

except the Albany are we’re all the government workers are


2 posted on 08/06/2016 8:53:01 AM PDT by Hojczyk
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To: Olog-hai

Did they ever figure out where the millions from HUD went while he was Secretary?


3 posted on 08/06/2016 8:54:18 AM PDT by mass55th (Courage is being scared to death - but saddling up anyway...John Wayne)
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To: Olog-hai
These incredibly stupid programs are nothing but payoffs to political cronies. They don't do anything at all for the state or its economy. If NYS had a conducive and friendly business climate, businesses would flock there. Instead they are reduced to bickering over whether they created 380 jobs or 400 jobs...akin to debating how many angels can dance on the head of a pin.

How much did each of these "jobs" cost?

"Start-Up NY tax breaks likely to top $100 million in 2015," by Jimmy Vielkind, Politico, 02/10/15

"Can START-UP NY jumpstart the Upstate economy?," Community & Regional Development Institute, Cornell University:
"The Governor’s Budget Office estimated that the program would cost the State $323 million through 2017."

So it appears that it will cost about $750,000 per job created...IF the jobs are legit and stay around longer than the program lives (which is highly unlikely).

Get the GD government out of the way and let prosperity flourish! Freedom!

4 posted on 08/06/2016 9:09:29 AM PDT by ProtectOurFreedom
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To: Olog-hai
Start-UP NY was never about jobs
It was all about political crony graft compensation and advertising
and pay-ola, which is currently being investigated by the FEDs.
200 million dollar$ s$pent advertising across the nation to have Cuomo
appear politically relevant for the upcoming Presidential elections .
5 posted on 08/06/2016 9:15:04 AM PDT by Tilted Irish Kilt ( British historian Arnold Toynbee - Civilisations die from suicide, not by murder.)
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To: ProtectOurFreedom

The “Gift to Elan Musk” in the form of the Solar City plant in Buffalo (the only part of Upstate that voted to re-elect Prince Andrew) is now estimated to create 500 jobs. That is $1.5 Million taxpayer dollars per job. Meanwhile this week WARN notices were filed stating over 600 jobs will be lost within 90 days. http://www.labor.ny.gov/app/warn/


6 posted on 08/06/2016 9:19:09 AM PDT by Shady (We are at war again......this time for our lives...)
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To: ProtectOurFreedom
Instead they are reduced to bickering over whether they created 380 jobs or 400 jobs

I hear NY ads very frequently so it is assuring that the program created at most a bit more than 400 jobs -- it means that 99.99% of job creators in the USA aren't buying his malarkey.

7 posted on 08/06/2016 10:16:01 AM PDT by Sooth2222 ("Every nation has the government it deserves." - Joseph de Maistre (1753-1821))
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