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AOC gets what she wants: [NYT] Amazon Pulls Out of Planned New York City Headquarters

Discussion in 'BBS Hangout: Debate & Discussion' started by Os Trigonum, Feb 14, 2019.

  1. Nook

    Nook Member

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    Good luck selling it to the public.
     
    TheresTheDagger and Astrodome like this.
  2. Nook

    Nook Member

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    I know Pelosi is and I know how it work “breh”.

    Having congresswomen applaud Amazon leaving NYC is stupid and will hurt the Democrats at the national level.

    Trump has done everything he can to take the attention off of his crumbling Presidency, and at this point he doesn’t have to do anything at all... he has the Democrats alienating voters and getting in the news for stupid ****.
     
  3. Nook

    Nook Member

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    Do you really think that voters are going to separate this from Democratic leadership when you have idiots taking credit for it (even if they had little to do with it) in Congress? Especially as high profile as AOC is? The optics are terrible.
     
  4. Nook

    Nook Member

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    No one is manipulating her. She is opinionated and she isn’t afraid to hold unpopular or controversial views. For someone to claim she is being manipulated, they are not giving her the respect she deserves and is another example of the Right belittling her gender with their BS “girl” talk which is nothing more than a dog whistle.

    Having said that AOC is likely poison at a national level. She is very radical.
     
  5. jcf

    jcf Member

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    Explain?
     
  6. rhino17

    rhino17 Member

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    Common Sense environmental regulation and new jobs that are sustainable, sign me up. Fairly basic stuff

    You mean old people, who already don't give a **** about the future or the environment. It's overwhelmingly popular among younger crowds
     
    #186 rhino17, Feb 16, 2019
    Last edited: Feb 16, 2019
  7. Corrosion

    Corrosion Member

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    Some people …. you are just better off not responding to.

    (That's not directed at anyone who has engaged me in this thread.)
     
  8. SamFisher

    SamFisher Member

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    ^ Schultz 2020
     
  9. rocketsjudoka

    rocketsjudoka Member

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    I haven't followed this issue closely enough to have a solid opinion on it but a few things about this concern me. I agree that the type of corporate welfare that companies like Amazon have been extorting of communities is a problem. The Amazon situation reminds a lot of pro-sports teams getting tax breaks and publicly funded stadiums or threatening to move. I also agree that Amazon's HQ would exacerbate issues of income equality and cost of living in Long Island. At the same time though I am very uneasy with many of the arguments put forward by AOC and others who are cheering Amazon leaving. I just listened to AOC say that if we had $3 Billion to give to Amazon then that money could be spent on other things like teachers and health care. The problem with that argument is that it profoundly misstates that most of the $3 billion IS NOT a government giveaway but a tax benefit to Amazon. What it means is that Amazon wouldn't pay billions in potential taxes but hat isn't government giving that money away. Without Amazon that money won't exist for the NY tax base and whether Amazon keeps it or not that is a moot point. Also even if NY were to give a massive tax break to Amazon, the employees that Amazon brings in would still pay taxes on high paying jobs, there will also be many subsidiary income generated from businesses serving Amazon's HQ that will also pay taxes.

    What gives me pause to either fully condemn or applaud this situation is how much was Amazon willing to negotiate with NY. That I'm not so clear about.
     
    Nook likes this.
  10. Nook

    Nook Member

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    No, but prepare for another 4 years of Donald Trump and the Supreme Court going further to hell if this is the tact the Democrats are going to take.
     
  11. SamFisher

    SamFisher Member

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    Albany isn't going red nor is queens. If they go red it will be more Trotskyite anyway

    What are you yammering about? By the way its Sunday morning - you should be watching network TV.
     
  12. Deckard

    Deckard Blade Runner
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    I'm thrilled that Amazon didn't pick Austin. We don't need it. Our growth is outrageous as it is. 2.9% unemployment and Mopac's "rush hour" lasts all day.
     
    Invisible Fan likes this.
  13. Deckard

    Deckard Blade Runner
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    At least get the "number of jobs lost" correct, OK? It's 25,000, not 50,000.
     
  14. Os Trigonum

    Os Trigonum Member
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    the state used a figure of up to 40,000 jobs created:

    Gov. Andrew Cuomo's administration commissioned a study in October to assess how much money Amazon's move to establish a headquarters in the Long Island City neighborhood would pump into the state's coffers.

    The findings were significant, helping justify up to $3 billion in taxpayer-backed subsidies. The study estimated $14 billion in new state tax revenue alone over the next 25 years, separate from New York City's estimate of $13.5 billion in new city revenue.

    The state-backed analysis, however, is based on a huge assumption: That the major online retailer and cloud-computing giant would bring 40,000 jobs over 15 years to its new New York headquarters.

    In actuality, Amazon has committed to bringing 25,000 jobs to Queens over 10 years while dangling the possibility — not a firm pledge — of another 15,000 five years later, according to its deal with the state.​

    https://www.democratandchronicle.co.../new-york-amazon-revenue-estimate/2003646002/

    https://ny.curbed.com/2018/11/16/18098589/amazon-hq2-nyc-queens-long-island-city-explained
     
  15. Cohete Rojo

    Cohete Rojo Member

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    25,000 x $100,000 = $2,500,000,000

    That is $2.5 billion PER YEAR. The "coupon" was worth $3 billion over 25 years.

    That is $62.5 billion in 25 years.

    $3,000,000,000 / $62,500,000,000 = 5%

    I am sure they could have easily extracted more than $3 billion in property, sales, and other taxes and government revenues.
     
  16. jcf

    jcf Member

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    Is the job count for actual jobs with Amazon as the employer or does it include the expected ancillary jobs that would be created by the additional businesses needed to service the 25,000 employees?

    Ok, when I first read about this issue and started weighing in, I thought it was one of the rare pretty clear-cut issues and didn't get the posters who were ok with running Amazon off.

    With more reading, I now understand that it is a tougher issue.

    1. To get it out of the way, this shouldn't be a partisan issue. You had Democrats who worked together to attract Amazon, and you had Democrats who helped scuttle the deal.

    2. I thought the polls showed that the vast majority of the population were in favor of the deal. They apparently did but I don't know is whether that was New Yorkers generally or those in Long Island who would actually be impacted.

    3. I do think that the deal would likely have helped Long Island. I am no longer as sure whether it would have helped those currently living in Long Island. Were the 25,000 jobs going to include a healthy number from Long Island or were new folks simply going to move in and displace current residents with higher property values, rental rates, etc. I assume there would be add'l jobs for current residents, but I obviously have zero idea how many and if it would offset the displacement of folks who could no longer afford to live there. (I get that if you owned property, you would benefit by higher sales prices, but for renters or those living in the Projects located in Long Island the cost/benefit analysis is a lot more complicated.)

    4. I was surprised by the number of studies that pop up in a Google search apparently supporting the proposition that these kinds of deal, taken as a whole, aren't actually beneficial. I don't know if they are accurate or not. But, it is clear to me that I was wrong that this was an obvious issue.

    Overall, I guess I still lean in favor of more jobs and higher quality jobs would benefit the community overall even taking into account that some current residents would likely be negatively impacted (displaced) by Amazon coming in.

    Too long. Short version: with more reading, I think I may have been a little hasty in thinking this was a clear cut issue with an obvious answer.
     
    Deckard likes this.
  17. Nook

    Nook Member

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    You are older than I am... and you know damn well this isn’t about Albany. If you want to be purposely obtuse so be it.
     
  18. biff17

    biff17 Member

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    not really.

    please give 5 components of this deal and how to implement them?
     
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  19. biff17

    biff17 Member

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    I give major props for actually trying to research the topic and realizing there are a multitude of issues.

    like you I don't know everything but realize that there are pro's and con's on both sides.

    i wish more people where like you and took the effort to research and not succumb to the talking points on both sides.
     
    Deckard and jcf like this.
  20. biff17

    biff17 Member

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    yes voters can separate it and you fail to acknowledge that voters have the idiot Trump to compare to as well.
     

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