Looks like NY took a cue from the failed Obama "stimulus", and somehow figured it's OK to spend billions on business ventures which fail to produce good jobs:
NYS Exposed: Billions spent so where are the jobs? | WHEC.com
Quote:
The state says StartUpNY has created more than an 1,100 jobs, but now look at this: A study out last week by ProPublica, a non-profit New York City based investigative journalism outfit, shows 11 New York State programs spent $3 billion on companies in the form of cash grants or tax breaks over four years.
Job growth upstate over that time? Worse than 47 other states.
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New York: We Pick Winners And Losers
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