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Power for Jobs program flawed

Mike McAndrew of The (Syracuse) Post-Standard investigates the "Power for Jobs" program, finding that more than a third of the businesses receiving state-subsidized electrical power in the program failed to deliver the jobs they promised. Cooper Crouse-Hinds was awarded 5,000 kilowatts of subsidized power; in return they agreed to retain all of its jobs and to create 45 new ones. "Instead, Cooper Crouse-Hinds today has 526 workers half of what it had when it was first awarded cheap power." But the company has continued to save between $200,000 and $250,000 over the past six years.

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