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Welcome to another edition of FT Now! As the country grapples with how to re-open, three former GOP governors are out with a timely op-ed explaining why certain states are already ahead on the road to recovery. Tesla CEO Elon Musk is eyeing a move to Texas, which seems like a pretty good idea given the Lone Star State’s success at battling the COVID-19 crisis. Last but not least, liberal darling Andrew Cuomo is punishing all those out-of-state healthcare workers who rushed to New York's aid. Yes, really. Read more below!
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What Happened: |
Former Governors Scott Walker, Haley Barbour, and Susana Martinez published an op-ed this week explaining why states led by GOP governors are better positioned for an economic comeback. |
Why You Should Care: |
The road to recovery in a post-COVID era affects every American. As the governors write, "By enacting sound fiscal management, pro-growth policies and common-sense conservative reforms in good times, Republican governors have put their states and citizens on a speedier pathway to renewed prosperity." |
What Happens Next: |
We watch and learn from GOP states! |
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Gov. Abbott: Tesla is "Genuinely Interested in Texas" |
What Happened: |
Speaking of red states leading the recovery...Tesla CEO Elon Musk made news this week by saying he’s so frustrated with California’s handling of the COVID-19 crisis, he’s thinking about moving his business to the Lone Star State! |
Why You Should Care: |
Musk’s frustration stems from his desire to get his company - and employees - back to work. California is preventing him from doing so - which is not necessarily something struggling Americans want to hear right now. No wonder Texas, under Gov. Abbott, is starting to look so attractive. |
What Happens Next: |
Will Tesla actually move to Texas? Only time will tell, but Governor Abbott is guiding his state to be one of the nation’s top success stories, that’s for sure! |
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Liberal Darling Andrew Cuomo Treats Volunteer Healthcare Workers A Another Tax Source |
What Happened: |
New York Gov. Andrew Cuomo has received no shortage of glowing media attention these last few weeks. But is anyone talking about his plan to tax out-of-state healthcare workers who volunteered their time - and risked their health - by rushing to the aid of sick New Yorkers? |
Why You Should Care: |
It’s a stunning example of cold-heartedness. Cuomo has already admitted he’s not stopping the tax because he needs the money to help plug his $13 billion deficit. In other words, he’s punishing these volunteers as a way to try and fix his own budget problems. |
What Happens Next: |
Maybe the media will hold him accountable? Then again...maybe not. |
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Thank you for reading this week’s edition of FT Now.
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