Balance of Payments: New York and the Federal GovernmentLaura Schultz, executive director of research at the SUNY Rockefeller Institute of Government, looks closely at how New York state dollars funnel towards the federal government, and how those funds come back to the state and city. For a long time, New York's balance of payments have tilted toward a gap, meaning the state sends more to the federal government than it gets back. We'll look at the ways this impacts services in New York, and how the state might recover from COVID-19 and the resulting budget shortfall.CLICK TO LISTEN
What Comes Next for NYC Restaurants and Bars?Andrew Rigie, Executive Director of the New York City Hospitality Alliance, says that the bars and restaurants that make our city what it is are heading into another dark few months because of Covid. He explains the ways we can all support local restaurants throughout the remaining months of the pandemic, and help them — and all New Yorkers — come out on the other side.CLICK TO LISTEN
NYC's Budget Woes - and What We Can Do About ThemAndrew Rein, president of the Citizens Budget Commission, has been following the city and state budgets for some time, and he knows that the COVID-19 pandemic has put them both in a precarious state. Rein argues that there are lessons we can learn from previous fiscal crises, and that there are creative measures we can take before the government looks at cutting services or raising taxes, both of which could have cyclical negative impacts on the city overall.CLICK TO LISTEN
ABOUT THE HOSTS
Cheryl Cohen Effron
Cheryl Cohen Effron spent most of her career as a New York-based real estate developer. Ms. Effron left full-time real estate work to dedicate her time to tri-sector (government, non-profit and corporate) solutions for urban issues. Ms. Effron is currently board chair of Greater NY, a non-profit she co-founded during the financial crisis in 2009 which pairs civic leaders in the business world with the heads of non-profit organizations in two-year one-on-one strategic partnerships.
Jamie Rubin is a veteran of federal and state government and a longtime investment professional. He served in the Clinton Administration, then spent 15 years on Wall Street as an investment banker and partner with two global private equity firms. Jamie rejoined the public sector in 2012. Jamie is now CEO of Meridiam NA, a developer of large infrastructure projects in the US and Canada. Jamie is a graduate of Harvard College and Yale Law School. He and his wife, author and podcaster Gretchen Rubin, live in New York City with their daughters and a dog.