Sentences with phrase «economic development incentives do»
Economic development incentives don't create jobs as much as they shift them around, pitting communities against one another for who can pony up the most corporate welfare.
https://newrepublic.com/ Not exact matches
Krueger recalled that the ill - fated Empire Zones program, which was created by former Gov. George Pataki in 1999 (it actually morphed out of the New York State Economic Development Zones) ended up being an ill - conceived boondoggle that gave away millions of dollars worth of publicly - funded incentives and tax breaks to businesses that pledged to create jobs and then often didn't make good on those promises.
State Business Council President and CEO Heather Briccetti says «economic development incentives are a useful tool, when well designed and thoughtfully applied,» but the Cuomo administration needs to take a broader look at what it's doing overall to help or harm New York's business climate.