Recently, My spouse and i attended a presentation by the Mayor and the Economic Creation Director designed for the City of Albany in terms of their Regional Development Corporation. At this meeting the newly chosen Mayor reviewed why he previously re-appointed Mister. Percy Spencer, the previous CEO of the LDC. In fact , the newly chosen Mayor stated that Mister. Percy was reappointed while Mr. Gradzino had recently served when the monetary development home for state of Troy. This, according to the mayor, is a result of the fact that Mr. Percy has already proven a lot of leadership experience with regards to his previous placement at the Troy Enterprise. However, it seems rather interesting which the newly-appointed Associated with Albany Mayor and his economic development agency did not see fit to include Mr. Percy Spencer’s name on the official roster of the fresh CEO and since the economical development movie director for state of Troy. Perhaps it can be simply because Mr. Percy is a black guy and not a girl of color?

Indeed, it appears rather sad that the new city of Albany and its monetary development company chose to continue to keep Mr. Percy Spencer relating to the company salaries despite the fact that he had already exhibited a lot of leadership knowledge for the past several years with the Troy Venture. Regardless of all this, let’s consider this kind of fact: The town of Troy contracted with the LDC of Unionakings with regards to creating jobs. The problem is situated with the fact that the unemployment rate in Troy has reached an unmatched high — 7%. With my professional judgment, this is a great unacceptable problem. The residents of Troy need more jobs and the regional development corporation and the city of Albany must do a better job of attracting and developing new businesses to be able to eliminate the unemployment rate.

Naturally , it is important to notice that financial development, company welfare and crony capitalism are not my personal concerns. My own comments come to the subject from observation and encounter. I give that the economical development organization, which is symbolized by Mr. Percy Bradzino of the Troy Enterprise, is certainly part of a political method and should be subject to oversight simply by voters, certainly not selected simply by politicians. This is the most uncomplicated issue that must be resolved before any sort of development occurs.


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