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At the time of the American Revolution, the future United States was a small, colonial backwater on the world stage. There were an estimated 2 million to 3 million people living here. Yet, the U.S. somehow produced an array of talented, creative thinkers and politicians — Washington, Jefferson, Adams, Madison, Hamilton, Franklin, and others — […]
Bracing to Face New York’s Budget Realities
Gov. Andrew Cuomo recently presented his $178 billion executive budget proposal for the 2020-2021 fiscal year. Anyone looking for an avenue to promise and prosperity experienced a significant reality check. New York was facing a $6.1 billion budget deficit back in November 2019; what the governor failed to mention is that his “savings plan” did not come
Upstate: Forgotten, but not gone
Most of us know that upstate New York struggles. When it comes to economic matters, it does. Fewer new jobs, new businesses, and expanding businesses than most parts of the U.S. enjoy. Upstaters suffer nearly the lowest income growth of any region in the U.S. The Southern Tier has particularly bad figures. We know upstate
WorkTrain Expands programs in 2020 to support job growth
Central New York’s job growth is the strongest in decades. In October, year-over-year job growth in Syracuse was nearly 2 percent, compared to 0.4 percent growth in the combined regions of Albany, Rochester, and Buffalo. While this job growth is an important indicator of the strength of our regional economy, it also drives talent challenges
So, who do you trust? Do you trust the people involved in Jeffrey Epstein’s death? They tell you he committed suicide. Despite any number of bizarre coincidences that suggest he was done in by someone. So, do you trust the officials who tell you otherwise? Do you trust your FBI? If you say you don’t, I
Massive Budget Deficit Will Dominate 2020 Session
As we progress through this new year at the start of a new decade, the looming $6 billion New York State budget shortfall is a harsh reminder that some things just never change in Albany. Uncontrolled state spending, unfunded mandates, and an anti-business regulatory climate continue to plague our state. Tax hikes on families and
Fixing the System is Up to All of Us
You know these words, but how often do you stop to think about them? “We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity…” They
New York Farms Still Making a Huge Impact on the Local Economy
Because we have access to a wide selection of food year-round at local grocery stores, it is sometimes easy to forget where our food comes from, but New York’s farmers are agriculture leaders. They produce an array of commodities including milk, fruits, vegetables, grains, and maple syrup. Not only is the variety impressive but Upstate’s
Washington, D.C. spends like crazy and nobody cares
This country has a debt crisis. Yawn. Who the hell cares? Certainly not our Congress. It keeps juicing up what it spends — beyond the income that comes into the Washington, D.C. coffers. Our Congressional reps remind me of a couple who came to me years ago for financial counseling. They had gone bankrupt twice. And
Green Light Law Puts New York in Conflict with Immigration Policies
On Dec. 16, the law allowing undocumented immigrants the ability to obtain a New York State driver’s license went into effect. The fact that this is now the law is a stunning reversal from 12 years ago when then- Gov. Elliot Spitzer proposed the measure. Some may recall, Spitzer dropped the proposal due to overwhelming opposition
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.