Monday, March 5, 2012

NEW YORK'S SPENDING RATE IS BELOW AVERAGE, AND DEFENSIBLE.(MAIN)

Unfortunately, Edward Stahr's Aug. 29 letter regarding the state's taxes, spending and economy has the major facts wrong.

Here is the truth: New York's taxpayer-supported spending has grown more slowly during the past decade than in other states, on average, and more slowly than our neighboring Northeastern states -- even as New Yorkers continue to give more to the federal government than we get back. And total debt outstanding is lower than it was 20 years ago, after adjustment for inflation.

Citing these facts is not part of a "blame game." New York was particularly hard hit by the national recession because of its dependence on real estate, …

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