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I'm from Syracuse and have lived there all of my life. Growing up I have seen many places close (mainly manufacturing companies) and many places open(mainly educational and medical). Overall I want to know what do you think about Syracuse's past economy, present economy and future economy.
I think it is one in transition from being mainly manufacturing to healthcare, higher education, some high tech occupations and green jobs. I just hope people in the area adjust accordingly. We actually are generally doing better than most areas in the country during this rough time too: Syracuse housing market ranks high in new report on economies of 100 largest metropolitan areas - syracuse.com While jobs have been lost, there have been some in the industries mentioned that have almost offset the losses. Check the the Brookings Institute information out.
Capitalism is not a monolithic entity, Finance capital waged an all out war in the Us on manufacturing capital from the 50's to the 90's in which the latter was soundly defeated .
Witness, the 20 billion for GM with inense scrutiny and top to bottom restructuring Vs 20 trillion for Wall St. overnight on the dont ask-dont tell plan.
The move for health care reform is ,at least in part, an effort to control,perhaps even roll back wages in that sector while increasing Insurance's share of the pie.
People neen to adjust to fight back for jobs that make things or to get 40 acres and a mule with no property taxes,or both.
Syracuse is becoming a Biotech Economy due to mainly SUNY Upstate Medical University. Upstate is one of the regions largest employers - employing over 7000 people with very high paying state jobs. Upstate is one of the main partners in the CNY Biotech Center - along with SUNY ESF,which will be ready in a couple of years in the old Kennedy Square Development. Upstate also built a brand new hospital addition with a state of the art Children's Hospital. Upstate is in the planning stages of building a brand new cancer center which is vital to the region. Moreover, Upstate will be renovating Townsend and Harrison Towers mostly for student housing, as well as building a new activity building, ambulatory teaching center, and nursing building. In addition, Upstate is expanding its Institute of Human Performance for more research space. So the new Syracuse Economy is definitely one of Medicine + Research and Higher Education. People of Syracuse should take an active interest in this University, and tell the state to support it because even though they are building its because of past capital money they got, but now the legislature keeps cutting their budget which is disastrous to the region. So call your local state congressman and tell them to Support Upstate!
The economy of Syracuse is on the rebound, albeit a little slower than most would like. The economy could expand much farther as well. We are at the cross roads of NY, with a great infrastructure in place and within a few hours to so many major metro areas--US and Canada
The economy of Syracuse is on the rebound, albeit a little slower than most would like. The economy could expand much farther as well. We are at the cross roads of NY, with a great infrastructure in place and within a few hours to so many major metro areas--US and Canada
Exactly, which could mean an international reach in terms of the economy and the radius of people it can have a positive effect on.
The economy of Syracuse is on the rebound, albeit a little slower than most would like. The economy could expand much farther as well. We are at the cross roads of NY, with a great infrastructure in place and within a few hours to so many major metro areas--US and Canada
Good call; this is a huge selling point, and will continue to work in Central New York's favor for centuries. Even aside from the major U.S. cities, Toronto, Montreal, and Ottawa are all within a 4.5-hour drive (someday, perhaps, train ride of half that time). It's a great thing to have -- no one's settling in Raleigh or Orlando because of proximity to...anything.
Good call; this is a huge selling point, and will continue to work in Central New York's favor for centuries. Even aside from the major U.S. cities, Toronto, Montreal, and Ottawa are all within a 4.5-hour drive (someday, perhaps, train ride of half that time). It's a great thing to have -- no one's settling in Raleigh or Orlando because of proximity to...anything.
Exactly and I think if the area can get a head start in terms of rail infrastructure, I think that could really be a great way to attract more people and jobs to the area.
Good call; this is a huge selling point, and will continue to work in Central New York's favor for centuries. Even aside from the major U.S. cities, Toronto, Montreal, and Ottawa are all within a 4.5-hour drive (someday, perhaps, train ride of half that time). It's a great thing to have -- no one's settling in Raleigh or Orlando because of proximity to...anything.
Now if we could get your civic leaders to understand what an asset that this is and to sell the idea to business we could really see a renaissance
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