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by Jim Hoft
April 10, 2015
Binghamton, New York is now approaching Detroit in many economic measures.
Upstate New York is becoming Detroit with grass thanks to many years of liberal state policies.
Deseret News National reported:
How high taxes and regulation are killing one of the most prosperous states in the nation | Deseret News National
Upstate New York is becoming Detroit with grass.
Binghamton, New York — once a powerhouse of industry — is now approaching Detroit in many economic measures, according to the U.S. Census. In Binghamton, more than 31 percent of city residents are at or below the federal poverty level compared to 38 percent in Detroit. Average household income in Binghamton at $30,179 in 2012 barely outpaces Detroit’s $26,955. By some metrics, Binghamton is behind Detroit. Some 45 percent of Binghamton residents own their dwellings while more than 52 percent of Detroit residents are homeowners. Both “Rust Belt” cities have lost more than 2 percent of their populations.
Binghamton is not alone. Upstate New York — that vast 50,000-square mile region north of New York City — seems to be in an economic death spiral.
**[snip]**
upstate New York is tethered to New York City, whose residents overwhelmingly support higher taxes, stricter regulation and bigger spending than the national averages. Those policies are blamed for upstate’s economic woes by many in the region.
(Excerpt)
Read more:
Upstate New York Is Becoming Detroit With Grass – Thanks to Years of Democratic Rule | The Gateway Pundit
The Tri-city area known as Binghamton New York known as the shoe capital of America Endicott Johnson shoe mfg., International Business Machines (IBM), and Link Aviation Devices, Inc, are no longer alive within NY State. Upstate New York for those who don't remember was the manufacturing center for the Consolidated Aircraft, Bell Aircraft, Kodak, Ithaca Shotguns, Remington Arms, Savage Arms the list goes on and on. It appears that New York politics dominated by Progressive Democrats has driven these companies from the state by usury taxation and political correctness. Democrats have all but driven the dairy industry out of the state too. This has not occurred accidentally, it has all been planned. Soon we will be competing with Michigan, Illinois and California for State bankruptcy.
This is far more true of industrial, rust-belt Western New York than Eastern New York. The Hudson River corridor from New York to Albany is doing quite well. This area has more finance and technology industry than that of the west. Tax system is the same east and west. I don't think you can blame New York's problems on state taxes.
I don't blame this solely on taxes. I blame it on downstate Progressive Democratic Party domination of state politics. Tell me that Silver and Cuomo are upstate Democrats. Whatever happened to the Moreland Commission?
This is far more true of industrial, rust-belt Western New York than Eastern New York. The Hudson River corridor from New York to Albany is doing quite well. This area has more finance and technology industry than that of the west. Tax system is the same east and west. I don't think you can blame New York's problems on state taxes.
Most of Upstate is run by Republicans. The cities, like Rochester, Buffalo, and Syracuse (which are doing much better than the rural areas of the state), go Democrat. Sorry OP, your premise is a lie.
George Pataki was NY governor for 3 terms(12 years) before Cuomo.
Unemployment in Rochester (6.9%) and Buffalo (6.7%) are both above the national average.
And they are both improving. They were hit pretty hard when Republicans let the banks crash the economy in 2008, and it's been a slow recovery there. The less interference they get from the right wing, the better everyone does.
Unemployment in Rochester (6.9%) and Buffalo (6.7%) are both above the national average.
Took a road trip a couple of years ago. Cooperstown, Saratoga, Vermont, Hudson Valley. Mostly depressed countryside.
Not that it matters but Upstate NY is conservative and mostly Republican. Nice try though. The lower part of the sate is doing quite well.
Anyway upstate NY, like many of the northern states were hurt decades ago when manufacturing stated moving out. Many never will recover because the service jobs of today don't pay nearly as well as the manufacturing jobs did. IBM has moved 200,000 jobs OVERSEAS over the past 15 years. Not to red states, but overseas.
These constant threads of my state'd dick is bigger than your state's dick are pointless and stupid. For every blue state and city that are doing bad we can point to red states and cities who are hurting and living off of the Fed's teat. And vise versa.
George Pataki was NY governor for 3 terms(12 years) before Cuomo.
Took a road trip a couple of years ago. Cooperstown, Saratoga, Vermont, Hudson Valley. Mostly depressed countryside.
Didn't Kodak leave Rochester a few years ago?
Didn't Kodak leave Rochester a few years ago?
Took a road trip a couple of years ago. Cooperstown, Saratoga, Vermont, Hudson Valley. Mostly depressed countryside.
Didn't Kodak leave Rochester a few years ago?
Thanks for the anecdote and quick impressions. However, you must admit that driving through an area that you are not familiar is not exactly qualify you to offer much of an argument. Got facts?
I grew up in the metro Albany area and went to college there. Though I now live in a very vibrant city in the west, I do get back to the upstate area with some degree of regularity (including within the last year) enough that my anecdotes probably trump yours...
I can tell you based upon my familiarity with the area that it is doing pretty well. It has a reasonably diversified economy that includes finance (banks - Key Bank was founded in Albany), higher education (over 25 institutions of higher education within 30 miles of Albany, including major research institutions and technology (research installations of GE and Lockheed Martin, not to mention Sematech and SUNY Poly, the finest college of nanotechnoloy in the world ... Welcome to the Colleges of Nanoscale Science and Engineering and College of Nanoscale Science and Engineering - Wikipedia, the free encyclopedia) and of course, the state capitol.
However, more than offer my anecdotes (which are based on 20 years of direct experience), I can back up my statements...
Center for Economic Growth on the evolving technology ecosystem in the Albany, NewYork region - Albany Business Review
Albany-Schenectady-Troy, NY Economy at a Glance
Unemployment in Albany, New York drops for January 2015 - Albany Business Review
Again, my point is to illustrate that while Western NY is reeling, Eastern NY is doing quite well. Same tax base; same statewide politicians. There is more to the "tale of two states" than the article in the OP wants you to know....
Yup, Syracuse lost Carrier and GE, too. Huge companies, lots of high paying jobs. But they have a new mall! :roll: I remember the big deal about how Carousel Mall's expansion was supposed to offset the big job losses, but it's offsetting manufacturing jobs with minimum wage retail jobs. That won't help.
Beat me to it. Pataki was so red, he made Joe McCarthy roll over in his grave.
Well, those are kind of rural towns. Not much to any of them, really. Cooperstown only has the Baseball Hall of Fame, and not much more. Hudson Valley is beautiful, but more residential and touristy than anything.
I don't think Kodak is gone, but they are gasping. From what I understand, they have a few small irons in the fire, and emerged from Bankruptcy, but I'm not sure. Kobie would know - he lives in Rochester.
?? There's plenty of examples you could use to show how parts of the northeast are struggling. But the ones you used are not good examples. Thanks to tourism Saratoga is doing very well, as is Cooperstown and the Hudson Valley. Vermont is still beautiful and has the 2nd lowest unemployment rate in the country.
Took a road trip a couple of years ago. Cooperstown, Saratoga, Vermont, Hudson Valley. Mostly depressed countryside.
Cooperstown, NY and Woodstock, VT were both doing fine.
Well which is it? Are they depressed countryside or are they both doing fine? :lol:
I've not been to Woodstock, VT, but Cooperstown is a decent small town. Not big, not a huge economic powerhouse for the state, but doing fine for a town its size.
The places he's talking about have always been small, idyllic places.
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