- Mon Feb 18, 2019 10:03 am
#113487
Elk keep posting about Trump filing a restructure bankruptcy.. but here we have a Gov of a state throwing way million of taxpayers dollars..
Worse than Amazon: Cuomo’s Buffalo Billion just went bust
Thursday wasn’t even the worst economic development news for Gov. Andrew Cuomo this week: Just two days earlier, his economic development czar basically admitted that the gov’s signature Buffalo Billion is a . . . Buffalo Bust.
In testimony Tuesday, Empire State Development boss Howard Zemsky tried to put a positive spin on it, but he acknowledged that Cuomo’s gamble of $750 million in taxpayer funds on a Buffalo solar panel plant has bombed: On its current course, there’s zero sign it can host anything like the promised number of jobs.
The project “has got a better future than it has a past,” Zemsky lamely claimed, while admitting the state’s now looking at a Plan B: “I think we have to work with Panasonic and Tesla,” the firms running the plant, to diversify their product base. Maybe they should start making fairy dust?
Zemsky’s testimony was a sad comment not just on solar as a replacement for fossil fuel but also Cuomo’s failed and costly approach to economic development. The $750 million has led to just 700 jobs at the plant, far below promises, l
What a dumb fuck Cumo is... Next time you snivel Elk, remember this. this is what Gov control (Socialism) is about
The $750 million has led to just 700 jobs at the plant, far below promises, l
Worse than Amazon: Cuomo’s Buffalo Billion just went bust
Thursday wasn’t even the worst economic development news for Gov. Andrew Cuomo this week: Just two days earlier, his economic development czar basically admitted that the gov’s signature Buffalo Billion is a . . . Buffalo Bust.
In testimony Tuesday, Empire State Development boss Howard Zemsky tried to put a positive spin on it, but he acknowledged that Cuomo’s gamble of $750 million in taxpayer funds on a Buffalo solar panel plant has bombed: On its current course, there’s zero sign it can host anything like the promised number of jobs.
The project “has got a better future than it has a past,” Zemsky lamely claimed, while admitting the state’s now looking at a Plan B: “I think we have to work with Panasonic and Tesla,” the firms running the plant, to diversify their product base. Maybe they should start making fairy dust?
Zemsky’s testimony was a sad comment not just on solar as a replacement for fossil fuel but also Cuomo’s failed and costly approach to economic development. The $750 million has led to just 700 jobs at the plant, far below promises, l
What a dumb fuck Cumo is... Next time you snivel Elk, remember this. this is what Gov control (Socialism) is about
The $750 million has led to just 700 jobs at the plant, far below promises, l