New York

NY Gov. Andrew Cuomo Getting Primaryed for Being Too Conservative

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Over at USA Today, Glenn Reynolds (the Instapundit) interviews Zephyr Teachout, who is challening Democratic Gov. Andrew Cuomo in New York.

A snippet:

Q. What's your position on Gov. Cuomo's Startup New York initiative, which offers steep tax breaks for businesses that locate or expand in New York?

A: Gov. Cuomo's economic development policy boils down to favors — tax breaks. Startup New York, his marquee project, is effectively just a 10-year corporate giveaway. What this means is that the program is cutting deals, not forming substantive policy. Pitting states and even areas within New York against one another just to shift around jobs and economic activity does nothing to promote sustainable business and job creation, nor guarantee it'll stick around once the giveaways expire. A real economic development policy would address the root issues hampering business growth, like access to credit and marketplaces so dominated by giant companies that it is impossible to compete. Swaths of New York lack the fast and reliable Internet you need to compete in a 21st century economy. So a real innovation policy would push cable companies to compete and build out and improve service.

Note that Teachout is far to the left of Cuomo, who took office as a pragmatic centrist pledging to improve the Empire State's business climate but has been lolling left ever since, at least when it comes to raising taxes, halting fracking, and the like. Cuomo recently signed off on supporting a minimum wage hike in an explicit deal to nail down the Working Families Party's endorsement of his re-election campaign.

More here.

Teachout is a Fordham law prof and her agenda strikes me as terrible despite her substantive charges of cronyism, dumb subsidies, and worse. If there's one thing New York doesn't need, it's more power emanating from Albany. There's no reason to think that Teachout or Wu will get New York out of the cellar of the Tax Foundation's State Business Tax Rankings.

But as Matt Welch and I have talked about in various places, it's always good to see incumbents getting primaryed. It's the best way to keep partys and voters involved and on the up and up. Which is exactly what Sen. Mike Lee (R-Utah) told Reason TV last week. Take it away:

REASON:…You famously primaryed a long time incumbent. Are primarying candidates generally a good idea, even if the challenger doesn't win? Like McDaniel versus Thad Cochran in Mississippi it's an analogous situation. Is that a place where the lines are kind of clearly drawn, where you have a guy who has been in power for a long time and always seems to be happy to go along, spend a lot of money, versus a challenger. Is there a clear choice there for you on whom to back in that situation?

LEE: In order for the Republican party, or any political party for that matter, to be able to lay any claim to being a party of principle, there needs to be a robust debate within that party. And for that to occur I think primary elections will always need to happen.

Watch Lee talk about "Killing the Export-Import Bank, Primarying Republicans, and Mormonism" below. Full transcript and links here.

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  1. Zephyr Teachout? I’d vote against her on the name alone.

    1. Beat me to it. I’m interested in your game hen recipe with fish sauce, also. I’ve a giant bottle of it that I rarely use.

      1. http://www.food.com/recipe/bar…..ens-189368

        Get it under the skin or inject. Game hen doesn’t always take flavor easily.

        Use arbol chiles instead of serranos. It’s a SE Asian recipe, so the original calls for bird chiles. Arbols are pretty similar to birds.

        Also good with BBQed chicken leg quarters.

    1. This is the only post here that leftists could actually comprehend. Cute Kittens, that makes sense. Why can’t the government mandate cute kittens, that would be a great idea!

      1. A real leftist would advocate hyper-organic, local kittens raised on pastoral farms run by wild-eyed token libertarians like Joel Salatin.

        1. Make sure they are non-GMO kittens.

  2. Partys? Did I miss something?

    1. Yeah, you missed spelling reform, I guess.

  3. She’s a Howard Dean acolyte, YEEEEAAAAAAHHHHHHHHHHH! Her running mate is Tim Wu of net neutrality fame. I predict many raving accolades from the likes of reddit.

    1. They (and TheVerge) were applauding the possibility that Tim Wu would be Lt Governor.

  4. A real economic development policy would address the root issues hampering business growth, like access to credit and marketplaces so dominated by giant companies that it is impossible to compete. Swaths of New York lack the fast and reliable Internet you need to compete in a 21st century economy. So a real innovation policy would push cable companies to compete and build out and improve service.

    We can force the economy to do better, dammit! With enough force we can accomplish anything! The world is one big nail!

    1. “Oh and by the way, I’m sure all those tens of thousands of pages of regulations I support have nothing to do with entrenching giant companies. Nope, nothing.”

      – Zephyr Derpout

      1. “But just a few hundred more pages of the right regulations will fix all of this!”

        1. ^This^ One. Billion. Times. Over.

      2. It’s just that there aren’t enough regulations, because kochtopus! Just one more regulation, just one more, that’s all we need and paradise will appear!!!

    2. “My friends and fellow Americans, there’s just one thing this great country of ours needs. More money. We should be living at the corner of Easy Street and Greenback Avenue, with the gravy train running through our three-car garage and right between our custom-built outdoor grilling station and the in-ground pool. Let us join together to mulch the herbaceous borders with $5 bills, use sawbucks for scratch pads, and line the parakeet cage with $20s. I’ll keep the presses running at the U.S. Bureau of Engraving and Printing until we’re rolling on a river of the ready necessary. We’ll have to build a Hoover Dam to hold our household budgets. I see America with marshes of moola and bogs of Benjamins. America with lakes of lucre, waves of wampum, a Superstorm Sandy of simoleons, a Hurricane Katrina of cash. You’ll be gathering the animals, two by two, and headed to Home Depot for ark parts. You’ll gaze upon a boundless sea of shekels, standing on deck in Prada and Chanel. Vote for me and you’ll be farting though silk.”

      1. What is that from?

        1. The latest FOMC meeting minutes.

        2. P.J. O’Rourke updating his famous campaign promise from “Parliament of Whores”.

      2. And, at least in Los Angeles CRE market, market participants are already recognizing that we’re in the “irrational exuberance” phase. Cap rates on multifamily properties in many markets can’t be found for anything above 4.50%, strip retail in outlier markets is trading in the 5’s.

        It’s almost like doing the same thing that created the last bubble to reinflate it might create a new bubble with predictable and disasterous effects. Or maybe I’m just a wingnut.

        NEEDZ MOAR FREE MONEYZ!

        1. Excessively cheap money in the US was a driver of today’s crisis. I am deeply concerned about whether we are now reinforcing this trend through measures being adopted in the US and elsewhere and whether we could find ourselves in five years facing the exact same crisis.

          Angela Merkel, Nov. 2008

          1. Her only error was time frame. A general rule of thumb on credit market implosions is a decade to twelve years. Since RE is such a large component of credit consumption and a hihgly illiquid asset class, it tends to take some time for these things to work through.

            1999 credit-feuled tech bubble pop to 2008 RE Credit Bubble pop – 9 years.

            2008 RE credit bubble pop to next credit bubble pop (in both equities and RE), based on what I know about where we are right now, I’d wager late 2017.

            1. So that means the education bubble won’t pop for another 15 years? 🙁

            2. I’m still astonished that a powerful national politician would understand–or admit to understanding–anything about the role of credit in the creation of bubbles, even if she’s off by a few years.

            3. Good. I just dropped some coin on a REIT.

    3. A real economic development policy would address the root issues hampering business growth, like access to credit and marketplaces so dominated by giant companies that it is impossible to compete.

      A new wave of antitrust regulations and loosening the old credit belt should do it. Someone tell Janet to stop being so stingy with the moolah.

  5. A primary bid won’t do anything, the party machine won’t abandon the incumbent. She’d have had more impact putting those signatures towards getting another party line on the ballot and draining off the left wingnut vote during the general election. Of course, she wouldn’t win on the left wingnut vote, but the party machine vote is not in of itself strong enough to control the office with two left end spoilers in the race.

    1. Is there an available Left party line?

      I seem to recall that Cuomo had captured the working family party line.

      1. New York’s electoral system lets you add arbitrary lines with enough signatures.

        1. If your signatures don’t get invalidated by the 721043598425874285749827584327584758742857205 pages of regulations.

          (That’s only a slight exaggeration.)

      2. And they run all the pubsec unions so Teachout would certainly have an uphill battle.

  6. Good. We need a state to go full retard as an object lesson in the idiocy of statism. And Cuomo’s a piece of shit anyway.

    1. I’d rather it be someone else’s state. Maryland comes to mind.

        1. You’re only doing that because as a Cali resident living in DC, you think you can get the job lobbying for the bailout.

          1. …..maybe. If you want a position with my lobbying firm, you better fall in line.

      1. Hey!

        We’ve already went full retard! There’s nothing left to retard! The cupboards are even retarded! What difference at this point does it make?

      2. DPRMD (aka, Never, Never Land) is already most of the way there.

    2. Couldn’t agree more. I’m out of the New Jersey/New York area in the next 5 years. Hopefully the economic destruction inflicted by the Voter going even more full retard than Cummo will be enough to convince the rest of the country that Progressive Policies have had their century to ruin us.

      1. Where is this libertopia that you are headed for?

    3. The fact that Cuomo is facing a primary challenge shows that there is no such thing as full retard. There is always something worse.

    4. We need a state to go full retard as an object lesson in the idiocy of statism.

      Its been tried.

      It didn’t work.

  7. does nothing to promote sustainable business and job creation

    There is so much derp in that statement that it’s almost beyond belief.

    Here are leftists talking about doing nothing to create jobs, when in fact they can’t seem to grasp the fact that it is exactly that ‘NOTHING’ that the government needs to do in order to allow job creation.

    And then this:

    issues hampering business growth, like access to credit and marketplaces so dominated by giant companies that it is impossible to compete

    How exactly do you leftist retards think this happens? Do you think some evil business dude sprinkles some magical kochtopus dust and !BAM!, monopolies dominated by big corporations. NO, you fucking retards, it’s GOVERNMENT that allows this, that promotes it in fact, through cronyism! That’s right, the very entity that you dummies think is going to solve all of the things you are complaining about, are the very cause!

  8. Reynolds is a tough man if he was able to conduct this interview without laughing.

  9. Swaths of New York lack the fast and reliable Internet you need to compete in a 21st century economy. So a real innovation policy would push cable companies to compete and build out and improve service.

    Internetz is teh MAGIC.

    1. I love the language: PUSH them to compete… how about, I dunno, LETTING them compete?!

    2. That whole thing was code language for “FREE SHIT FOR SCHOOL DISTRICTS!!”

  10. it’s always good to see incumbents getting primaried.
    No. It may be good or bad, depending.

    It’s the best way to keep parties and voters involved and on the up and up.

    That’s not necessarily good. What if the voters are evil?

    You’re saying more politics is always better. Politics per se is neutral; increasing it may be good or bad in any given situation. In this case, it’s bad for there to be more pressure on Cuomo from the “left”.

    Fixed your sp, BTW.

    1. Darn, wish I’d fixed my tags along with The Jacket’s sp.

  11. Apparently ZT has been smart enough not to even mention the gun issue. We shouldn’t expect her to be any more pro-gun than Cuomo, but a good showing against him in the primary might destroy whatever remote chance he has of ever becoming president.

  12. Tim Wu is a fucking idiot, and a living testament to the Left’s propensity to aggrandize abject mediocrities as long as they have the right politics.

    1. Never heard of this guy – but having read his “accomplishments” on Wikipedia, yep.

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