New York’s Economic Recovery Under Cuomo is Worst in Nation, Holding Other States Back

Terabass via (https://creativecommons.org/licenses/by-sa/3.0/deed.en) Wikipedia

Under the leadership of Andrew Cuomo, who has profited immensely from the pandemic, New York’s economic recovery is the worst in the nation.

According to The Daily Wire:

New York is experiencing the most sluggish economic recovery in the United States — a reality that is reportedly slowing other states’ rebounds.

The Back-to-Normal Index — a project of Moody’s Analytics and CNN Business tracking economic recovery from the lockdown-induced recession — shows that states which avoided or quickly removed COVID-19 regulations outperformed states that lingered in reopening.

Two weeks ago, the project indicated that South Dakota and Florida became the first states to surpass their pre-recession strength, respectively operating at 106% and 101% of former capacity. Gov. Kristi Noem (R-SD) never mandated a lockdown, while Gov. Ron DeSantis (R-FL) was among the first to end his lockdown order.

Today, South Dakota is performing at 109% pre-COVID strength. Idaho (104%), West Virginia (101%), Montana (101%), and Florida (101%) continue to lead the nation in economic recovery.

In the past two weeks, New York went from last at 79% to last at 83%. Can New York ever recover? Only time will tell.



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