Misguided New York State Politicians

Two Plus Two Is This Many

[From article]
“Invest in the future.” In New York, Governor Andrew Cuomo follows in a long line of political leaders who, using some version of those words, said that they wanted to invest in jobs and growth—and then did little to follow through. If Cuomo and others really wanted to make such investments, they would have reduced taxes, both for individuals and businesses, and streamlined regulation.
[. . .]
For decades, New York has been one of the highest-tax states in the union.
[. . .]
Governor Cuomo’s “Global NY” initiative, targeting Mexican, Canadian, Israeli, Chinese, and Italian firms, while also paying for the governor to lead a trade mission to Cuba, does not appear to have lured any significant business to the Empire State.
[. . .]
Failure to invest in policies that actually grow the economy, then, demonstrates that the constant talk of investment is pure rhetoric.
More telling still is where the budgetary emphasis has gone. Without exception, spending has grown fastest in areas best described as current consumption.
[. . .]

if New York’s leadership won’t—or can’t—change course, the least it could do is spare voters the lip service.

http://www.city-journal.org/2015/eon0714me.html

MILTON EZRATI
Don’t Read Their Lips
New York State politicians promise to invest in the future but never do.
July 14, 2015