George
Pataki:
Economic nightmare
By GREGORY N. HEIRES
Before you walk into the voting booth on Nov. 5, take a little
time to examine Gov. George E. Patakis record.
If you work hard for a living, you probably wont like
what you see. If you live in New York City, you might feel
stiffed.
Working people like the members of DC 37 have not received
a fair share under the governors economic policies,
DC 37 Executive Director Lillian Roberts said.
Growing inequality:
Mr. Patakis tax cuts have cost the state government
$13 billion a year in lost revenue, according to the Fiscal
Policy Institute. But most of the tax breaks have gone to
people with incomes over $180,000.
After years of tax giveaways, New York now has the widest
gap between the rich and the poor in the country, FPI says.
Post 9/11 economic
development: Some $2.7 billion in federal assistance
provided to the Empire State Development Corp. and the Lower
Manhattan Development Corp. is being frittered away
on grants to corporations. Nothing has been allocated for
a much-need job creation program, says FPI Executive
Director Frank Mauro.
As governor, Mr. Pataki plays a major role in setting the
policies of those two economic development corporations. The
Public Policy and Education Fund recently revealed that 26
companies that received more than $1 million each from Empire
State Development made $190,850 in campaign contributions
to Mr. Pataki between 1997 and 2002.
Frozen minimum wage:
Mr. Pataki has failed to raise the states minimum wage
above the national rate of $5.15 an hour. The state minimum
wage is now worth less than 25 percent of the states
$864 average weekly wage, lower than in any other comparable
affluent state.
Education:
Though he has flip-flopped during the election season, earlier
this year Mr. Pataki applauded a judges ruling that
said city schoolchildren are not entitled to an education
above the eighth grade. The judge reversed a previous decision
that would have brought additional state funding for New York
City public schools.
Patakis school tax relief program (STAR) has accounted
for over half the growth in state school aid since 1998, but
city kids dont get a fair share. In 2000, the STAR program
allocated about $70 per pupil to the city compared to a statewide
average of $413, according to the Center for an Urban Future.
Looming deficit:
During his campaign, Mr. Pataki has kept very quiet about
what could prove to be his most disastrous real legacy: His
irresponsible tax cuts have left the state with a budget shortfall
estimated at up to $10 billion that will force devastating
cutbacks on the state and the city.