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Post by countrygal on Apr 6, 2009 13:06:24 GMT -5
I saw in the OD an article about some politicians wondering if splitting the state would be a good idea. I always wondered about having NY City be it's own District. Like Washington DC. I think it's a drain on the rest of the state, but I'm no expert or even a well informed amateur when it comes to State economics. I wonder what would happen if NY City became it's own District? Not another State but District. Would it benefit the rest of the State, the city itself? Any opinions?
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Post by frankcor on Apr 6, 2009 13:32:41 GMT -5
Somebody with more time than me will have to verify this, but NY City brings a lot more revenue to the state than what it gets back in state aid. If upstate were to become its own state, it would probably rank as one of the poorest in the nation.
Personally, I belive the proposal by Valeski is just another diversion to take the attention away from the horribly shitty representation we get here in upstate NY. If his proposal did pass, next he'd be asking "should Albany be split off as a seperate state?"
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Post by dgriffin on Apr 6, 2009 14:09:37 GMT -5
True, frankcor. We were over this before. I'll try to find the thread and references.
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Post by dgriffin on Apr 6, 2009 14:28:07 GMT -5
See the thread under New York State News:
Re: NYRI, again
beginning with Reply #38 on Dec 9, 2008.
Upstate gets more money from NY City than the reverse:
"NYC taxpayers provide $3.5 billion more to the state government in Albany than are spent back within metropolitan NYC."
Citation is in above referenced post.
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Post by frankcor on Apr 6, 2009 16:05:45 GMT -5
Thanks, Dave!
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Post by rrogers40 on Apr 7, 2009 14:36:55 GMT -5
Yes Upstate would be the poorest state but by shedding downstate wouldn't we also be able, well we WOULD have to, to shed all those spending projects which reflected the city more than upstate.
I highly doubt that the State of Upstate would have the highest Welfare Benefits in the Nation or highest spending in General.
So yes initially the State of Upstate would be in debt up to our ears but what happens when we get rid of all those things that we have only because of those living downstate?
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Post by frankcor on Apr 7, 2009 14:59:59 GMT -5
Your point is well taken, Ryan.
NY gets back 72-cents on every dollar we send to Washington. An Upstate state is likely to result in a much higher ratio. We might even be like West Virginia that gets back $4 on the dollar.
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Post by Clipper on Apr 7, 2009 15:38:55 GMT -5
I think that Strike touched on this way back when. It was stated at that time that NYC was the "economic engine" of the state.
I never really put a lot of thought into the numbers, other than to get pissed off everytime I see that they are subsidizing the NYC transit system, so some dude can ride the subway for a buck, while I make a car payment, and pay 2 or 3 bucks a gallon for gas to drive it, because WE don't have all that "transit infrastructure" in place upstate. I guess it sticks in my craw when I see that the drinking water level in Hinckley is in jeopardy because we have used too much for the canal and for power generation, some of which is most likely sent downstate to light the neon on the toilet that they call Time's Square.
I wonder more each day, if I still want to think about "coming home" to Utica and Upstate NY. I love it there, but can I afford to live there anymore?? Do I want MY money going into the corrupt government programs that are part of every budget from the smallest town to the largest city in the state?
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Post by bobbbiez on Apr 7, 2009 17:42:27 GMT -5
Yeah, it's pretty ironic that here in CNY we're hoping to some day consolidate townships with the city to save all money and those idiots in NYC want to break away. Makes no sense to me.
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Post by dgriffin on Apr 7, 2009 17:47:06 GMT -5
Far be it from me to stand up tall for a city I don't even want to go to anymore. So, not as a fan of "Da Ciddy," but as an admirer of arithmetic, I have to wonder how one could conclude NY City isn't paying their own way and more when they give Albany $3.5 billion more than they get back. I wouldn't think that paying more welfare benefits than upstate counties ... if true ... would be any more toward the point than upstate charging far less taxes on cow pasture ... if true.
Seems to me the bottom line is that if we split, they'd be $3.5 billion richer and we'd be $3.5 billion poorer. Where did my logic go wrong?
And if you don't think NY City is the engine that drives the state's economy, then why are our state finances in so much trouble this year? The answer (mostly) is the drop off in tax revenue from New York City.
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Post by dgriffin on Apr 7, 2009 17:50:38 GMT -5
By the way, the NY City Transit system in partially funded by the Metropolitan Transit Authority, who collects taxes from surrounding counties, as far north ... but no farther than ... Dutchess county, across the river from me. The NY State Canal system is owned by the Thruway Authority. For the traffic I see on the canal these days when I used to ride my bike along it, they can close it for my money. Only boats on it I saw were pleasure craft.
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Post by bobbbiez on Apr 7, 2009 17:52:08 GMT -5
Dave, in using shorter words didn't I just say the same?
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Post by dgriffin on Apr 7, 2009 19:06:18 GMT -5
I don't use long words. Many, maybe, but not long
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Post by dgriffin on Apr 7, 2009 19:33:42 GMT -5
New York state will lose a whopping $1 billion in tax revenues this year because cash bonuses to Wall Street employees plummeted 44 percent in 2008, according to a bombshell new report. www.nypost.com/seven/01282009/news/regionalnews/new_york_takes_1b_tax_revenue_hit_152412.htmThe economy of New York City is the largest regional economy in the United States and the second largest city economy in the world after Tokyo. The city is one of the leading financial cities of the world and a premier headquarters location for leading global financial services companies. New York is distinctive for its high concentrations of advanced service sector firms in fields such as law, accountancy, banking and management consultancy. The New York metropolitan area had an estimated gross metropolitan product of $1.13 trillion in 2005[5][6], the largest regional economy in the United States. The city's economy accounts for the majority of the economic activity in the states of New York and New Jersey.en.wikipedia.org/wiki/Economy_of_New_York_CityMetropolitan regions are the most important factors in supporting prosperous economies. For national economies to succeed, metropolitan regions must succeed, according to this article from the Brookings Institution. www.planetizen.com/node/37804
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Post by frankcor on Apr 7, 2009 20:27:28 GMT -5
And, need I mention, they are the home of the NY Yankees
Start spreadin' the news...
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