Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
State School-Aid Data Offers a Snapshot of the Region
I receive a lot of questions about how schools are funded and how that money is spent. There is good reason for these questions because a lot of money is involved. State aid to schools comprises $21.8 billion — roughly 24 percent — of our $92.3 billion state operating budget. In addition, it is estimated […]
Our governor has got some folks scratchin’ their heads. Is he a political dummy? Or maybe super-smart? Andrew Cuomo grew up within the state’s Democrat machine. Literally and figuratively. He marches in that machine’s parade. But lately he has fallen out of step. He has wandered off the parade route. One political columnist listed the
New Law Seeks to Assist Disabled Veteran-Owned Businesses
New York is home to more than 900,000 veterans, and some estimates indicate that as many as 72 percent have seen combat. Additionally, New York is home to about 30,000 active-duty military personnel, as well as 30,000 National Guard and Reservists. Many returning vets choose to start up their own small businesses upon return. In
We fought the war on poverty, and poverty won — Peter Ferrara It’s now 50 years since President Lyndon Johnson proposed his war on poverty. To date, the nation has spent $20 trillion to solve the problem, twice the amount spent on all military conflicts since the American Revolution. During this past half century, federal
Amid high auto-insurance rates in NY, higher fraud penalties could help
New York state (NYS) has the unfortunate distinction of being a high cost-of-living state, and when it comes to auto insurance, New York lives up to its reputation. Our auto-insurance rates are among the highest in the nation. Although there are several reasons for our high rates, fraud plays a large part. Indeed, according to
Where the hell is our recovery? How come so few new jobs? Why is our middle class shrinking? Complex questions I know. Many economists and political guys thrash about for answers. They rummage through data. The answer to all these is as fat as a pizza. Yet these guys don’t see it. Because they look
New York Needs Broad-Based Tax Relief
Recently, the Tax Foundation released its state-by-state rankings of business tax climates, and New York’s placement improved by two slots to 48th place. This improvement is good news, but it highlights that there is still much work to be done. New York is not quite ready for a victory lap. Let’s not kid ourselves. Our
New Ethics Laws a Start but More Needs to Be Done
“Ethics reform” has been a buzz phrase heard in Albany and around the state a lot over the last few years and for good reason. Lately, there have been several high-profile cases of wrongdoing by state officials. However, as is often the case in state politics, what is meant by “ethics reform” depends on who
Report: SU’s Jerami Grant to enter the NBA Draft
Syracuse University (SU) sophomore forward Jerami Grant will enter the 2014 NBA Draft, foregoing his final two years of eligibility at SU, according to a
Where’s Neville Chamberlain when you really need him?
Is it 2014 or 1938? I ask because current events are eerily reminiscent of my birth year. In March 1938, Adolph Hitler gobbled up Austria in a so-called plebiscite. This absorption of an independent country into the homeland came on the heels of the German army marching into the Rhineland two years earlier ostensibly to
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.