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Friday, July 9, 2010, 12:22pm EDT  |  Modified: Friday, July 9, 2010, 12:44pm
Empire Center: NY spending $15.6M an hour
The Business Review (Albany) - by Richard A. D'Errico

By the time you read this, New York will have spent about $259,703.

That’s according to the Empire Center for New York State Policy’s “Spend-O-Meter.” The Empire Center said the meter is calibrated to the state Division of Budget’s estimated $136.5 billion spending plan for fiscal year 2010-11

According to the meter, New York spends:

• $4,328 a second

• $259,703 a minute

• $15,582,192 an hour

• $373,972,603 a day

•$2,625,000,000 a week.

• $10,983,333,333 a month

At the time of this writing, $37.209 billion and change had been spent so far this fiscal year.

“Under this year’s budget, our state government will spend more every hour than 200 typical New York families earn in a year,” said E.J. McMahon, the center’s director. “The Spend-O-Meter continues to spin at a faster rate every year, even though our economy is crashing.”..................>>>>.....................>>>>.................http://albany.bizjournals.com/albany/stories/2010/07/05/daily34.html?surround=lfn