The recent state report on the state’s START-UP NY Program – which found that the program has created just 76 of the promised 2,100 jobs, while the state spent $53 million to market and promote the program – has led to criticism from both sides of the political spectrum.
An unusual coalition of groups, which includes the National Federation of Independent Business (NFIB), the Fiscal Policy Institute (a union-backed think tank), the state Conservative Party, the Working Families Party, Citizen Action and Reinvent Albany, are calling for a suspension of the program until it is audited by the State Comptroller.
In response, Administration officials say that it is too early to draw any firm conclusions regarding the success of the program, which is in its early stages.
We’re willing to give the program more time to prove its worth as a state job creation tool. But in the meantime, we’d like to see the state providing the broad-based tax relief that we need to get our economy back on track.