Buffalo Economist Fred Floss: “We are in an Impossible Situation”

August 19, 2020.

Professor Fred Floss, a Senior Fellow at the Fiscal Policy Institute, Chair of the Department of Economics and Finance at Buffalo State and a member of Buffalo’s Fiscal Control Board, discussed Buffalo’s fiscal situation with Capital Tonight host Susan Arbetter.

“According to a new study published in the September edition of the National Tax Journal, cities in upstate New York, Buffalo, Rochester and Syracuse, are the most financially distressed cities in the nation. One reason why, according to Floss, is that all three rely heavily on state aid.”

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