Yearly Archives: 2006

One New York: An Agenda for Shared Prosperity

November 20, 2006. One New York: An Agenda for Shared Prosperity is a comprehensive look at the economic and fiscal policy recommendations New York needs to strengthen the economy in each region of the state and to strengthen the middle class. One New York: full report, executive summary, press release (also below) Related: One New York: An Agenda for Shared Prosperity, by Jim Bertolone, president of the Rochester & Genesee Valley Area Labor Federation. Appeared in both the Rochester Business Journal and the Labor News, [...]

Increasing access to food stamps would boost the New York City Economy

October 17, 2006. Currently, the flow of federal food stamps into New York City - about $1.4 billion annually to nearly 1.1 million people at an average benefit of $110 per person per month - supports 9,600 jobs and $850 million of annual economic activity. This issue of Fiscal Policy Note$ finds that if access to the program were expanded so that all those eligible were participating, food stamp spending would increase by $355 million. This spending would create 2,300 more jobs and $210 million [...]

New York Makes Real Progress on Health Care Coverage

September 27, 2006. This issue of Fiscal Policy Note$ presents data showing that the portion of the state population without health insurance has fallen from 16.3% in 2000 to 13.5% in 2005. Nevertheless, there are still 2.6 million people in the state who have no health insurance. The share of private sector employees covered by health insurance continued to fall while the portion of the population covered by government programs in New York rose from 27% to 31%. Press release below. Two national reports were also [...]

State of Working New York 2006: An Uneven Recovery

September 2, 2006. New York's recovery has been uneven, with wages yet to rise while worker productivity climbs. Economic and fiscal pressures restrain the rebound for most of upstate; in particular, western New York lags. Press release (also below) Report Supplemental tables and graphs from the report. In addition, each appendix figure provides support or underlying details for the corresponding figure in the text: all appendices and individual tables: Population of New York's super-regions and region definitions Population, employment, wages, and per capita income, New [...]

New York’s Big Picture: A Report to the New York Film, Television and Commercial Initiative

August 8, 2006. FPI worked with researchers from Cornell University's School of Industrial and Labor Relations and City and Regional Planning Department on this study of New York's film, television and commercial production industries. Among the findings: Including direct, indirect and induced effects, the total value added by these industries in New York was an estimated $13.1 billion in 2005, considerably higher than previous estimates of the film sector's impact. Report >>

Time to trim pensions of city workers?

June 11, 2006. Point/counterpoint on public pension policy in the New York Daily News. No.  Municipal workers deserve a decent retirement. By James A. Parrott, Fiscal Policy Institute While Mayor Bloomberg is taking a prudent step in establishing a retiree health trust fund, he has taken a wrong turn in seeking to reduce pension benefits for newly hired city workers. Many large corporations, from United Airlines to Delphi to IBM, have destroyed or diluted the promises they made to their employees about retirement security. Some [...]

2020-11-13T15:11:24-05:00June 11th, 2006|Letters, Social Policy|

Regulating the Financial Sector in New York: Have the Activities of the State Attorney General Been Good or Bad for the Industry?

May 2006. Full Report >> Executive Summary Following the bursting of the "dot-com" and stock market bubbles of the late 1990s, and several widely publicized corporate-finance scandals, new federal regulations were put into place, most notably the Sarbanes-Oxley Act. At the State level, local regulatory institutions also focused new attention on the financial-services sector. In particular, the Office of the Attorney General (OAG) of New York State has been extremely active in investigating various financial-services firms in New York. These investigations resulted in a number [...]

$90 million in TANF Funds Trapped in Budget Limbo

May 24, 2006. Advocates call upon Governor to adopt legislature's bi-partisan agreement on TANF Funds. Press release below. Also see attachments: The Allocation of the New York's TANF Block Grant Funds for 2006-07 and Flexible Fund for Family Services allocations by county. Assemblymember Deborah Glick and Advocates for Low-Income New Yorkers held a press conference today at the Legislative Office Building to urge Governor Pataki to stop playing politics with federal Temporary Assistance to Needy Families (TANF) block grant funds. The groups urged the Governor [...]

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