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A Financial Hurricane

by on November 28, 2012

Voters backing whichever candidates promise the most junk paid for by said voters can’t ever lead to financial ruin. However, it can provoke crankiness if an otherwise spotlessly efficient government is tardy about handing out goodies. Citizens who have been turned into perpetual adolescents never ask how Dad earns his money as long as they get their allowance on time.

New York’s politicians are ready to cause an economic disaster once they’re done coping with a natural one. The fact they’re still cleaning up after a hurricane a month after it inflicted havoc doesn’t speak well for proficiency in any arena. Sandra Lee’s addled boy toy should develop a plan to clear the rubble left by a pre-Halloween storm by Christmas before trying to develop the economy:

It’s been almost one year since NY Gov. Andrew Cuomo made his highly heralded “Billion to Buffalo” pledge, announcing his commitment of one billion dollars in state incentives toward economic development efforts in Western New York.

Shortly thereafter, Cuomo appointed a Regional Economic Development Council to formulate a working plan to best utilize the incentives the state is poised to offer.

With a name like Regional Economic Development Council, it can’t fail. If you think the government doesn’t always do what it claims it will, then you should call for a law that makes politicians keep promises.

A pinky swear might keep bureaucrats who are outside the realm of accountability from wasting money on stupid silliness. But the panel’s very existence doesn’t bode well, considering the government’s cruelly ironic history of restraining the development of regional economies:

That council, working through Lt. Governor Bob Duffy, had hoped the governor himself would be reviewing the fruits of its labor by now.

However Duffy, during a visit to Buffalo on Monday, said the Governor has been too occupied with the aftermath of super storm Sandy and its devastating impact on the state to turn his full attention to the work of the council, so their unveiling of the first phase of what they have now dubbed “Buffalo Investment Development Plan.”

They have a plan? Well, that changes everything. The government’s real role won’t get in the way of investing money better than the people who earned it could. A decades-long track record of harmful plans just means they got the bad ideas out of the way:

“A lot of great work has been done on that…but in all honesty one of the biggest holdups for the state right now is all the tragedy in New York City and New Jersey with the storm. I think that has really pushed a lot back in terms of how we’ve done business,” Duffy told WGRZ-TV.

“In a crisis like that everything else has to take a back seat,” concurred Empire State Development Regional President Sam Hoyt, whose agency has also been working with the Regional Economic development Council on its plan.

The only thing worse than letting scummy sex machine Hoyt decide how our money is spent is letting a liberal group that lamely attempts to maintain a facade of evenness do so. By coincidence, both spenders are unelected, as New York’s politicians are too lazy to waste what they’ve taken. Outsourcing is only bad if a company does it to stay profitable:

Through consultation with the Brookings Institute, the council has identified industry sectors with the highest potential growth in our region.

These would include, among others, health care and health sciences such as those involved at the Buffalo Niagara Medical campus.

The campus’s benefits appear healthy, but the illness rots from within. Wasters of other people’s money will continue wondering why it’s taken so long for even the faintest signs of a pulse to appear downtown; they’re too busy devising state-level schematics instead of running successful businesses to ascertain the reason.

Companies can’t invest on their own money for some reason, so the area is left trying to get back to zero. Maybe other people will come here and spend us into economic paradise, or at least help us try to break even after even more state spending:

Tourism is another sector in focus by the council, and the plan, according to sources , focuses on taking advantage of our Buffalo’s border status for potential investment by Canadian firms.

Locations that would benefit from tourism apparently can’t fund themselves. Anything that could ever potentially bring greater benefit has to be sponsored by the state. A private business is not to be considered as trustworthy as an oh so efficiently impartial ruling apparatus:

Duffy says the state faces tight fiscal times, but doesn’t think Cuomo will have to back out of any commitments made to Western New York.

Please back out. We’ll forgive the commitment-breaking if it keeps the fragile remnants of a smashed economy intact. Our leaders will naturally turn down a chance to break the routine of counterproductive meddling. They couldn’t reassign funds if they stopped bothering us, and they like to keep busy.

Bleeding wallets dry is the only skill New York’s politicians have. It’s not as if they’re supposed to be good at helping those in immediately genuine need or anything. Like Staten Island, the government has been tremendously paralyzed by a hurricane. The difference is the latter doesn’t have the excuse of massive flooding and gusts topping 100 miles per hour.

Albany has spent a month failing at disaster relief. Now, it would like you to believe it will be proficient at something entirely out of its domain. While billion dollars that remains in taxpayers’ hands sounds less impressive than the governor re-bestowing it, keeping the money in private hands to begin with would actually help. Based on the government’s appalling performance after the hurricane, it’s clear actual help isn’t their concern.

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