Groups from left, right join to blast Cuomo's Start-Up NY development program

[didymus]

Fox Business:

Groups from left, right join to blast Cuomo’s Start-Up NY development program

ALBANY, N.Y. – An unlikely coalition from New York’s political right and left has called for the suspension of Gov. Andrew Cuomo’s Start-Up NY economic development program following reports of modest initial success and significant marketing costs.
The group represents the broadest attack on Cuomo’s program so far and includes the state Conservative Party and the state chapter of the National Federation of Independent Businesses from the right along with the left-leaning Working Families Party and Fiscal Policy Institute.

          Created in 2013, Start-Up NY  creates tax-free zones at colleges and universities to encourage  businesses to start or expand in New York or relocate to the state. This  month the state reported that in 2014, its first full year of  operation, businesses participating in Start-Up created 76 of the nearly  2,100 new jobs promised over the next five years.

          State  officials insist Start-Up is in its early stages and has great  potential, but its critics have seized on the report as evidence of its  failures. And they have criticized the $53 million spent on advertising  and marketing to promote it.

Happy April 15th to my fellow New Yorkers!
See also this NY Post column.

 

[SuperLuigi]

You can’t compete by having anti-business, anti-growth policies in the final analysis.

Deregulate and lower taxes.