NY Governor Andrew Cuomo recently announced $1B to revive Buffalo, but the city is "the...

|By:, SA News Editor

NY Governor Andrew Cuomo recently announced $1B to revive Buffalo, but the city is "the paradigmatic example of why expensive government revitalization efforts often fail," writes Steven Malanga in the WSJ. Huge amounts have been wasted on "projects that went bust," while taxes and the cost of government, which includes $6M/year for elective cosmetic surgery for teachers, remain high.