Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Taxes, State Affordability are Tied to Economic Growth
Recently, joint legislative budget hearings were held on taxes and economic development in Albany. I think the same-day scheduling of these hearings reflects how taxes and state affordability are tied to the ability of an economy to grow and develop. For some politicians in the state, including Governor Cuomo, the approach has been to invest […]
How to Tell If Congress Is Working Again
There have been encouraging signs that the Republican leaders on Capitol Hill want to make Congress function again. They’ve talked about a series of changes to make the process more open for rank-and-file members, and insist they want to restore a healthy legislative process. This has to be heartening to any American concerned about the
Bernie Sanders’ campaign fires up memories of living under socialism, which I did for eight years in my 20s. Socialism had points good and bad — like any system. On the good side, we received many benefits, oh boy. Dollars from the government for kids, free health care, food made cheap by subsidies, low-cost mortgages,
More Resources, Prevention Efforts Needed to Combat Heroin Epidemic
It is well known that opioid and heroin addiction has increased throughout the nation in the last decade. According to the federal Centers for Disease Control and Prevention, heroin deaths quadrupled between 2002 and 2013 — surpassing traffic accidents as the leading cause of accidental deaths. The increase in drug use and addiction has affected
Governor’s “College For Cons” Program is Out of Touch
It was during the early part of 2014 when Gov. Andrew Cuomo first announced his “college for cons” scheme. He wanted to reinstate a defunct program, that was abolished more than 20 years ago, which used public funds to pay college tuition for incarcerated criminals. Here we are, two years later, and the governor names
What It Will Take to Finally Address Income Inequality
When the history of this year’s presidential campaign is written, one of its more remarkable features will be that candidates of both parties felt it necessary to talk about income inequality. Surely that makes this a watershed moment. The issue is hardly new. As historian and writer Jill Lepore pointed out last year, income inequality
GDP growth in the U.S. slowed to 0.7 percent in the 4th quarter
The U.S. Commerce Department’s Bureau of Economic Analysis (BEA) reported this morning that the nation’s real gross domestic product (GDP) increased by a tepid 0.7
We often hear politicians whine about too much money in politics. Next time you hear one, I want you to scream two words at the television: term limits. If anyone ever acted on those two words, you would see less money in politics. I’m talking about the big slush buckets of money. The huge dollars
Governor Falls Short on Ethics-Reform Proposals
But, he gets it right with small-business tax cuts and school-aid increase . . . Governor Andrew Cuomo recently delivered his State of the State Address, which contrary to protocol, he combined with his 2016-17 budget address. The speech lasted nearly two hours and set forth the governor’s priorities for the 2016 legislative session. Here are
President Harry Truman said if you want a friend in Washington you should get a dog. If Donald Trump ever makes it to the White House, he will be lucky to find one that doesn’t chomp his leg. Can you think of anyone in the Washington establishment who would welcome The Donald to D.C.? I
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.