我的小天地

New York's Economy

This time we will talk about the state of New York in the USA.A report by the Fiscal Policy Institute,which is an economic think-tank or committee that generally focuses on issues that affect the  qulity of life and economic well-being of New York workers,claims that although that America as a nation has enjoyed many years of record-setting economic expantion,the same can not be said about the state of New York.Although median incomes and wages increasd for workers in New York between 1997 and 2000,they fell short of median incomes for American as a whole.This led to very little improvement in the workers' standards of living from where they were in the last ten or even twenty years ago.The new analysis by the Fiscal Policy Institute also suggests that there are severe regional differences in New Yorkers' ten regions.Case in point,the Upstate economy has not benefited at all from Amirica's booming times.In fact,their economy has been relatively sluggish.At the same time,the Downstate regions economic grouth hinges on Wall Steet.And many New Yorkers living in the city's suburbs are still struggling.Looking at Government data,we can see that although New York enjoys many resources,these resources do not seem to benefit the state by means of pay or living conditions for all New York workers during economic good or bad times in American.Using this same data,We can conclude that in order for New Yorkers to benefit form the economy,we can not rely just on growth.Instead,we need to analyze the growth and find out how it affects not only the workers but also their families across the entire state.Clearly,the state must take some responsibility and step in help families that are not benefiting from a growing economy.