
Excerpt:
A New York poll provides grim evidence of a continuing exodus from the state, once the national leader in manufacturing and other high-paying jobs.
The NY1-YNN-Marist College poll released Thursday night finds 1 in 3 New Yorkers under age 30 plans to move to another state at some time, while 1 in 4 adults overall plans an exodus from the Empire State within five years.
“Right now, many young people do not see their future in New York state,” said Marist pollster Lee Miringoff. “Unchecked, this threatens to drain the state of the next generation.”
According to the survey, most of those who plan to move will do so because of economic reasons including jobs, the cost of living, and taxes. Although the recession has been officially over for months, many New Yorkers still feel the worst is yet to come.
Thirty-seven percent of New Yorkers polled feel the economy is getting worse, up from 31 percent in February’s poll. The number who feels the economy is improving dropped to 16 percent, from 19 percent in February.
[…]The American Legislative Exchange Council reported that New York lost 1.9 million residents from 1998 to 2007, most of them young and educated.
Why is this happening?
Mary sent me this article from the Manhattan Institute, which gives some clues.
Excerpt:
For one thing, according to a recent survey in Chief Executive, New York State has the second-worst business climate in the country. (Only California ranks lower.) People go where the jobs are, so when a state repels businesses, it repels residents, too. It’s also telling that in the Marist poll, 62 percent of New Yorkers planning to leave cited economic factors—including cost of living (30 percent), taxes (19 percent), and the job environment (10 percent)—as the primary reason.
In upstate New York, a big part of the problem is extraordinarily high property taxes. New York has the 15 highest-taxed counties in the country, including Nassau and Westchester, which rank first and second nationwide. Most of the property tax goes toward paying the state’s Medicaid bill—which is unlikely to diminish, since the state’s most powerful lobby, the political cartel created by the alliance of the hospital workers’ union and hospital management, has gone unchallenged by new governor Andrew Cuomo.
[…]Parts of the country are seeing a revival of manufacturing—traditionally a source of upward mobility for immigrants—but not New York City, whose manufacturing continues to decline. The culprits here include the city’s zoning policies, business taxes, and declining physical infrastructure.
Then there’s the cost of living in New York City. A 2009 report by the Center for an Urban Future found that “a New Yorker would have to make $123,322 a year to have the same standard of living as someone making $50,000 in Houston. In Manhattan, a $60,000 salary is equivalent to someone making $26,092 in Atlanta.” Even Queens, the report found, was the fifth most expensive urban area in the country.
In completely unrelated news, the Democrats just won another seat in New York state due to the incompetence of the state Republican party.