Start-Up NY has been a colossal failure so far
Gov. Andrew Cuomo’s Start-Up NY program has not fared very well. His $1 billion program has created a grand total of 76 jobs. The initiative was intended to reverse the state’s dismal economic record at attracting private companies on a promise of a 10-year holiday from paying taxes. So far, this program has cost taxpayers a stunning $13 million per employee. It must be fun to play with other people’s money and not worry about the consequences.