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Dr. Michael Wasylenko Michael Wasylenko, professor at Syracuse University Maxwell School of Citizenship and Public Affairs

NEW YORK CITY—Economic development programs require sustained support with horizons of 20 years, according to Michael Wasylenko, a professor at Syracuse University Maxwell School of Citizenship and Public Affairs. As a presenter at the Citizens Budget Commission conference on economic issues facing New York state, he emphasized fiscal and job programs are not quick fixes where results can occur in one or two years.

He warned that economic development efforts are not alleviating poverty. In upstate New York 49% of the people live below the poverty line, where the statistic is even greater for people under the age of 18, he said.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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