The Ithaca Journal reports on the job creating mastery of the Industrial Development Corporations in NYS:
The annual analysis of Industrial Development Agency data, produced since 2009 by the statewide Getting Our Money’s Worth Coalition, shows ‘a widespread failure of New York’s main economic development tool to meet job creation goals.’ The analysis shows $182 million in IDA tax breaks went to companies that cut jobs, failed to create jobs, or didn’t promise to create any jobs.
For a fun research project, spend some time investigating how much money local taxpayers have been on the hook for wind development projects. Find out how much fossil fuel energy has been displaced by NY Wind. Find out the cost per kw-hr of NY Wind. And for even more fun, stop to investigate the actual environmental impacts of NY Wind. You’ll be busy.
