"Bailing out failing state government programs with less than 15% going to infrastructure improvements solves nothing, and trickle up expenditures just don't work," Grasso said, suggesting that instead private industries should have tax breaks and incentives to stimulare the economy. "The Recovery Act is late getting out and the 'shovel ready projects' do not appear to be so ready - Wasting money on such items as parks and perks will not stimulate the economy but mortgage our children's futures."
Nevertheless, in Clifton Park July 9, Biden's audience was enthusiastic and admiring, and Biden spent 20 minutes or so after his speech with the crowd signing autographs and posing for photographs.
Flanking Biden to the rear during his speech were Warren County Democratic Party Chairman Bill Montfort of Johnsburg and Saratoga County Democratic Chairman Larry Bulman of Moreau, who is also statewide vice chairman of the party.
After the event, Bulman said political opponents criticizing the Obama Administration's efforts were looking for instant economic solutions, which weren't about to happen.
Before the speech, Bulman and Biden chatted about the weather, the beauty of the surroundings, and about how Global Foundries' $4.2 billion semiconductor plant, now under construction, would soon be energizing the region's economy substantially. The development is expected to prompt prosperity in the upstate area, with 1,400 new jobs at the plant, and another 5,000 new jobs related to the operation, representing an additional $290 million in annual payroll for the region.
"Biden said to me, 'As a labor guy, you must really appreciate that,'" said Bulman, president of a local plumbers' and steamfitters' union.
Bulman said the crowd listening to Biden's speech was bipartisan.
"I definitely saw a lot of Republicans in the room," he said. Officials estimated the crowd was about 600 people. Many in Biden's audience had waited in line up to three hours earlier in the week to obtain tickets to the event. Biden told the crowd it was his largest turnout in all his recent community visits.