Ricochet is the best place on the internet to discuss the issues of the day, either through commenting on posts or writing your own for our active and dynamic community in a fully moderated environment. In addition, the Ricochet Audio Network offers over 50 original podcasts with new episodes released every day.
Last month, Joseph Percoco, a former top aide to Governor Andrew Cuomo, was found guilty on corruption charges for accepting more than $300,000 in bribes from two companies. Percoco’s conviction reinforces the perception that New York politics operates on a “pay-to-play” model.
Allegations of bid-rigging and other corrupt practices have dogged Albany ever since Governor Cuomo launched his signature economic-development plan, which provides subsidies to private firms to operate businesses in the state. Despite these efforts, New York continues to lose residents to other states every year.
Edmund J. McMahon is founder and research director of the Empire Center for Public Policy, based in Albany. Follow him on Twitter @EjmEj.
Subscribe to City Journal's 10 Blocks in Apple Podcasts (and leave a 5-star review, please!), or by RSS feed. For all our podcasts in one place, subscribe to the Ricochet Audio Network Superfeed in Apple Podcasts or by RSS feed.