Mr VJP Posted April 14, 2015 Share Posted April 14, 2015 Binghamton, New York — once a powerhouse of industry — is now approaching Detroit in many economic measures, according to the U.S. Census. In Binghamton, more than 31 percent of city residents are at or below the federal poverty level compared to 38 percent in Detroit. Average household income in Binghamton at $30,179 in 2012 barely outpaces Detroit’s $26,955. By some metrics, Binghamton is behind Detroit. Some 45 percent of Binghamton residents own their dwellings while more than 52 percent of Detroit residents are homeowners. Both “Rust Belt” cities have lost more than 2 percent of their populations. Binghamton is not alone. Upstate New York — that vast 50,000-square mile region north of New York City — seems to be in an economic death spiral. http://www.thegatewaypundit.com/2015/04/upstate-new-york-is-becoming-detroit-with-grass-thanks-to-years-of-democratic-rule/ 1 Quote Link to comment Share on other sites More sharing options...
The_Field_Ager Posted April 14, 2015 Share Posted April 14, 2015 (edited) Drove through there last October. Pretty depressing. It will be a ghost town in 10/15 years. Buffalo is also a zombie city that is 15 years behind Detroit in terms of total collapse. Sooner if we have that major economic downturn that has been predicted for later this year. Edited April 14, 2015 by Papist Quote Link to comment Share on other sites More sharing options...
Trial153 Posted April 14, 2015 Share Posted April 14, 2015 We are so far behind the eight ball it isn't funny. High property taxes and general confiscatory tax rates in NY have killed us. The only way to look at NY anymore is in the rear view mirror. 1 Quote Link to comment Share on other sites More sharing options...
mmkay Posted April 14, 2015 Share Posted April 14, 2015 We are so far behind the eight ball it isn't funny. High property taxes and general confiscatory tax rates in NY have killed us. The only way to look at NY anymore is in the rear view mirror. ask yourself why we have high taxes in NYS. if you are honest with yourself, you'll concluded both policical parties are to blame. They both buy votes on your dime. NYS is a lost cause. the only way to save the state is to reform public sector unions (pensions..raise retirement/ collection age to that of social security!), cut back public benefits to those unwiling to work and make 100% of the residences pay some taxes, once they have skin in the game they will call for responsible spending. 1 Quote Link to comment Share on other sites More sharing options...
sampotter Posted April 15, 2015 Share Posted April 15, 2015 You should see all the empty store fronts in Auburn. The Fingerlakes Mall is a ghost town. Quote Link to comment Share on other sites More sharing options...
Jeremy K Posted April 15, 2015 Share Posted April 15, 2015 They tax the crap out of everybody and every transaction to fund that S hole NYC. Quote Link to comment Share on other sites More sharing options...
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