Governments at every level routinely offer consequential incentives to induce businesses to locate in the jurisdictions they favor. The premise is that these businesses will hire workers and help local economies. Sometimes these inducements pay off. Often they don’t.
To find a toxic political situation we don’t have to go down to Washington. Kingston is much closer.
Twenty months into its Hudson Valley venture, the Norwegian Air’s business strategy at Stewart Airport appears to be increasingly successful. It is continuing to demonstrate that despite its location at an airport 65 miles north of New York City it can fill its planes for flights to and from Ireland and Scotland with paying discount passengers.
What would one say if one had to guess about the direction of Ulster County residential real estate in 2019? My guess for the asset class would be that 2019 will be about the same as 2018 — an encouraging and positive if not quite a spectacular year.
John Valk remembers when Catsmo established its salmon-smoking business in his town. “They had three employees, and now they’ve got more than 50,” he said.
The first week of 2019 brought an unprecedented number of political events in Ulster County that are sure to have a major influence on the way economic development is pursued.
Welcome to the wonderful world of Ulster County food manufacturing.
In Matthew 13:12 Jesus said: “For whosoever hath, to him shall be given, and he shall have more abundance: but whosoever hath not, from him shall be taken away even that he hath.” He could have been describing the American economy of the last few decades.
Now that all the votes are counted, it’s even more clear how motivated local Democrats were in November.
How the federal census has grown from its modest beginnings!