Shepstone Management Company, Inc.
Andrew Cuomo’s Start-Up NY program might better be called Dead-End NY for all the good it’s done; a lousy 722 jobs for a taxpayer rip-off of $59 million.
“An upstate jobs ticket to hell” was how I described Start-Up NY last year, noting it was Governor Corruptocrat’s “Rube Goldberg strategy to use other people’s money” to create upstate jobs after the NRDC gang told him he couldn’t frack. They’ve since told him he can’t allow pipelines either. Back in July, after spending tens of millions on advertising, Start-Up NY had created slightly over 400 jobs, less than half what little Susquehanna County, Pennsylvania gained by simply allowing fracking and getting out of the way.
Now, after almost another year, things appear to have gone from bad to worse, so bad in fact, Empire State Development tells us next to nothing anymore, apparently hoping lack of data will, at least, dampen bad news coverage. Unfortunately for Dead-End NY, others are noticing anyway. The journal amNewYork, for example, just did an editorial calling out Corruptocrat’s budget for now including language that ends the requirement to report job creation connected with the program. Don’t like the numbers? Just make them go away. Others still, collect data, though, and the evidence for Dead-End NY is irrefutable.