RIT helps fuel new economy in Rochester (New York, York: employment, school)
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“ Students at the Rochester Institute of Technology are using their innovative and creative skills to helps shape a new economy in Rochester.
RIT President David Munson discussed the school’s role in the community Wednesday during our Greater Rochester Enterprise Why ROC Conversation.
“Rochester was largely a three company town with Kodak, Xerox, and Bausch + Lomb,” Munson said. “The presence of those companies in our city now is far, far smaller than it once was and we all know that. But the innovation and technology – that environment that was created – and all of the amenities that those companies and their employees left for those of us who live here now have really set us up for the future. So things are changing. We’re not a big company town anymore. We’re all about start-ups and smaller companies but those are absolutely thriving in our region.”
Either they being these RIT alum or students have actually invented something so ground breaking and innovative, or they are just selling people on the possibility they may have something in the future so people will give them grant money.
Keep in mind, that article, and the figures contained within, are a year old. Secondly, the paragraph, below, from the article rubs me the wrong way.....
"A New York Times analysis of the $600 weekly extra benefit shows how failure to renew it could have a highly negative impact on the economy—and, in particular, hurt low-income families. Times columnist Paul Krugman, a Nobel Prize-winning economist, wrote last month that without an extension “we’re (likely) heading for weeks if not months of extreme financial distress for millions of Americans, distress that will hobble the economy as a whole.”
It tells me that people, who were formerly working, and somehow or other getting by, are now coasting along on their newly found, Government supplied "paycheck", for simply breathing and existing, and work is no longer appealing. Bottom line, this CANNOT go on forever......
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