Eye on NY: Another Economic-Development ‘Flop’ Plans to attract Canadian battery company Zinc8 to New York with “government incentives” seem to have failed, according to Ken Girardin at the Empire Center. Zinc8 had been working towards a low-cost zinc-air battery for a “renewable-heavy energy grid.” However, last week, its CEO resigned, employees were laid off, …
For years following World War II, there existed a widely accepted agreement known as the “liberal consensus.” This agreement embraced the idea that the federal government should play a role in regulating businesses, providing social safety nets, and promoting infrastructure. In fact, it became so popular that in 1950, critic Lionel Trilling famously stated that …
Presidents Donald Trump and Joe Biden have contrasting views on their accomplishment regarding food stamps, even though their results are polar opposites. While Trump’s tenure saw a decrease in welfare rolls, under Biden, there has been an increase in people relying on government assistance. This shows that success for one can be considered a failure …
When the COVID-19 pandemic hit in 2020, Congress turned to the unemployment system to assist those who were out of work. However, the state agencies in charge of administering the system were ill-equipped to handle the influx of claims and had to navigate the challenge of preventing payments to fraudulent individuals. This was evident in …
Following House Speaker Kevin McCarthy’s announcement of a debt-ceiling deal with President Joe Biden, Republican leaders circulated a fact sheet praising McCarthy’s victories. The deal, known as the Fiscal Responsibility Act, includes spending cuts but also exempts critical veterans programs, national defense priorities, Social Security, and Medicare. Critics argue that the bill does not actually …