October 27, 2022

Quick Takes (v67): He Wants to Be The Gov?

Today was a day of celebration in my neck of the woods.

President Biden came to town, along with Senate Majority Leader Chuck Schumer and Senator Kirsten Gillibrand, and Governor Kathy Hochul.

They were all here, along with Onondaga County Executive Ryan McMahon, business and labor organizations, education folks, and other community leaders and invited guests, who joined Micron President and CEO Sanjay Mehrotra to celebrate the chip company's long-term, $100B investment in Onondaga County that will bring some 40,000 jobs to the area over the next two decades. 

Rep. Lee Zeldin (R- Crime Stoppers Fan Club) the guy who wants to be governor of our state, was in Syracuse to talk about crime (what else?) and was asked about the Micron project. Here's what he had to say about it.

I think the Micron deal tells you a story of where the business climate is right now in this state. See in other states, they have businesses coming to the state because of low taxes, the regulatory environment, state agencies are run with a very pro-business approach. The business climates in other states are so much better, businesses just move to the state. There’s no way to get Micron to come to New York for low taxes. There’s no way to get Micron to come to New York because of the great regulatory environment. They’re not coming here because the state agencies are run by this great pro-business culture. They’re not coming here because we have one of the best business climates in the country. 

You have to look at why they’re coming here, how we got here, what it took to get them here, because the fact that we’ve reached the point where we essentially have to bribe businesses to come to New York with billions of dollars of tax breaks, who won’t come here otherwise, I think highlights this state is heading in the wrong direction. Because we want other businesses to come to New York. 

And on what will happen if he's elected, he added

We’ll work with Micron. We’ll do whatever we can to improve the business climate in this state, but as far as bringing other businesses to this state, we really have to get much smarter with our mindset.

Perhaps Rep. Zeldin should get his head out of the daily NYC crime reports (he tweets them regularly), and pay attention to what's required to secure deals like this. The truth is, they don't just fall from the sky and land in someone's lap. It's not like the opening of a hot dog stand, for Pete's sake. 

If you don't believe me, listen to the people in central Texas, who fought long and hard for the Micron deal. 

LOCKHART, Texas — On Tuesday, Micron Technology announced a new investment worth up to $100 billion in Central New York. The company had forced a bargaining battle between Clay, New York, and Lockhart, Texas.

"It was billions in tax savings, both ad valorem and sales tax. It was billions in our rates for electric and water, so all of those combined made the billions of dollars," Caldwell County Judge Hoppy Haden said. "The art of dealmaking is knowing when to, you know, say, 'That's my best offer. It's my best and final.'" 

Haden led the team offering the multibillion-dollar incentive package for the Lockhart area. 

I guess we should be happy Zeldin will "work with Micron" if he's elected, but I can't help wondering what would have happened had he been the governor already. Would we be welcoming the company to New York, or would we be waving goodbye to the Micron opportunity as it passed us by on the way to Texas? (Speaking of waving goodbye to opportunity, here's what Rep. Zeldin had to say when NYC lost the Amazon HQ2 project to Virginia.)

As governor, would he have collaborated with everyone - folks from both sides of the aisle - to ensure passage of the legislation that helped bring this deal to NY? Who knows - but there is one thing we do know. 

He didn't vote for it

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