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

Os Trigonum · Feb 22, 2019

Marc Thiessen on AOC's economic illiteracy:

The left complains that conservatives are “obsessing” over Alexandria Ocasio-Cortez. Well, there is a reason for that: Ocasio-Cortez is driving the agenda of today’s Democratic Party — and her economic illiteracy is dangerous.

Case in point: Last week, Ocasio-Cortez celebrated the tanking of a deal negotiated by her fellow Democrats in which Amazon promised to build a new headquarters in Long Island City, New York, right next to her congressional district. Amazon’s departure cost the city between 25,000 and 40,000 new jobs. Forget the tech workers whom Amazon would have employed. Gone are all the unionized construction jobs to build the headquarters, as well as thousands of jobs created by all the small businesses — restaurants, bodegas, dry cleaners and food carts — that were preparing to open or expand to serve Amazon employees. They are devastated by Amazon’s withdrawal. (Amazon’s founder and chief executive, Jeffrey P. Bezos, also owns The Post.)

Ocasio-Cortez was not disturbed at all. “We were subsidizing those jobs,” she said. “Frankly, if we were willing to give away $3 billion for this deal, we could invest those $3 billion in our district, ourselves, if we wanted to. We could hire out more teachers. We can fix our subways. We can put a lot of people to work for that amount of money if we wanted to.”

No, you can’t. Ocasio-Cortez does not seem to realize that New York does not have $3 billion in cash sitting around waiting to be spent on her socialist dreams. The subsidies to Amazon were tax incentives, not cash payouts. It is Amazon’s money, which New York agreed to make tax-exempt, so the company would invest it in building its new headquarters, hiring new workers and generating tens of billions in new tax revenue.

As New York Mayor Bill de Blasio explained, the Amazon deal would have produced “$27 billion in new tax revenue to fuel priorities from transit to affordable housing — a nine-fold return on the taxes the city and state were prepared to forgo to win the headquarters.” Unlike Ocasio-Cortez’s imaginary $3 billion slush fund, that is real money that actually could have been used to hire teachers, fix subways and put people to work. With Amazon leaving New York, that $27 billion leaves with it. Genius.

Ocasio-Cortez does not seem to understand that by helping to drive Amazon away, she did not save New York $3 billion; she cost New York $27 billion. There is a difference between having bad ideas and not grasping basic facts. Reasonable people can disagree about whether New York should have offered Amazon $3 billion in tax incentives — or anything at all — to build its headquarters in the city. But that is different from not understanding that New York is not writing a $3 billion check to Amazon.

Sadly, Ocasio-Cortez doesn’t learn from her mistakes. She made the same kind of error in December when she tweeted, “$21 TRILLION of Pentagon financial transactions ‘could not be traced, documented, or explained.’ $21T in Pentagon accounting errors. Medicare for All costs ~$32T. That means 66% of Medicare for All could have been funded already by the Pentagon.” But, as Pentagon spokesman Christopher Sherwood told The Post, “DoD hasn’t received $21 trillion in (nominal) appropriated funding across the entirety of American history.” Once again, Ocasio-Cortez did not grasp that the Pentagon did not have a magic pile of $21 trillion in cash sitting in a vault somewhere.

Her economic illiteracy matters because she is the principal author of the Green New Deal, which has been endorsed by most of the leading Democratic candidates for president. From this unschooled mind has sprung the most ambitious plan for government intervention in the economy since Vladimir Ilyich Lenin’s train pulled into Petrograd’s Finland Station.

If Ocasio-Cortez doesn’t understand how tax subsidies work, how can she be trusted to plan the federal takeover of the health-care, energy and transportation sectors of our economy? Think she and her allies have any idea how to, as her now infamous talking points put it, upgrade or replace “every building in America” . . . or replace “every combustible-engine vehicle” . . . or connect every corner of America with high-speed rail . . . or replace all fossil-fuel energy with alternative energy sources — all in 10 years’ time? Apparently, they think we just have to find all the magic pots of cash the government is hiding.

When this kind of ignorance is driving policymaking in Washington, America is in profound danger. Amazon left New York because Ocasio-Cortez and her fellow democratic socialists created a hostile environment in the city. And if Ocasio-Cortez has her way, Democrats are going to do to the rest of America what they just did to New York.

https://www.washingtonpost.com/opin...51b7ff322e9_story.html?utm_term=.bb0828d24b16

pirc1 · Feb 22, 2019

Os Trigonum said: ↑

Marc Thiessen on AOC's economic illiteracy:

The left complains that conservatives are “obsessing” over Alexandria Ocasio-Cortez. Well, there is a reason for that: Ocasio-Cortez is driving the agenda of today’s Democratic Party — and her economic illiteracy is dangerous.

Case in point: Last week, Ocasio-Cortez celebrated the tanking of a deal negotiated by her fellow Democrats in which Amazon promised to build a new headquarters in Long Island City, New York, right next to her congressional district. Amazon’s departure cost the city between 25,000 and 40,000 new jobs. Forget the tech workers whom Amazon would have employed. Gone are all the unionized construction jobs to build the headquarters, as well as thousands of jobs created by all the small businesses — restaurants, bodegas, dry cleaners and food carts — that were preparing to open or expand to serve Amazon employees. They are devastated by Amazon’s withdrawal. (Amazon’s founder and chief executive, Jeffrey P. Bezos, also owns The Post.)

Ocasio-Cortez was not disturbed at all. “We were subsidizing those jobs,” she said. “Frankly, if we were willing to give away $3 billion for this deal, we could invest those $3 billion in our district, ourselves, if we wanted to. We could hire out more teachers. We can fix our subways. We can put a lot of people to work for that amount of money if we wanted to.”

No, you can’t. Ocasio-Cortez does not seem to realize that New York does not have $3 billion in cash sitting around waiting to be spent on her socialist dreams. The subsidies to Amazon were tax incentives, not cash payouts. It is Amazon’s money, which New York agreed to make tax-exempt, so the company would invest it in building its new headquarters, hiring new workers and generating tens of billions in new tax revenue.

As New York Mayor Bill de Blasio explained, the Amazon deal would have produced “$27 billion in new tax revenue to fuel priorities from transit to affordable housing — a nine-fold return on the taxes the city and state were prepared to forgo to win the headquarters.” Unlike Ocasio-Cortez’s imaginary $3 billion slush fund, that is real money that actually could have been used to hire teachers, fix subways and put people to work. With Amazon leaving New York, that $27 billion leaves with it. Genius.

Ocasio-Cortez does not seem to understand that by helping to drive Amazon away, she did not save New York $3 billion; she cost New York $27 billion. There is a difference between having bad ideas and not grasping basic facts. Reasonable people can disagree about whether New York should have offered Amazon $3 billion in tax incentives — or anything at all — to build its headquarters in the city. But that is different from not understanding that New York is not writing a $3 billion check to Amazon.

Sadly, Ocasio-Cortez doesn’t learn from her mistakes. She made the same kind of error in December when she tweeted, “$21 TRILLION of Pentagon financial transactions ‘could not be traced, documented, or explained.’ $21T in Pentagon accounting errors. Medicare for All costs ~$32T. That means 66% of Medicare for All could have been funded already by the Pentagon.” But, as Pentagon spokesman Christopher Sherwood told The Post, “DoD hasn’t received $21 trillion in (nominal) appropriated funding across the entirety of American history.” Once again, Ocasio-Cortez did not grasp that the Pentagon did not have a magic pile of $21 trillion in cash sitting in a vault somewhere.

Her economic illiteracy matters because she is the principal author of the Green New Deal, which has been endorsed by most of the leading Democratic candidates for president. From this unschooled mind has sprung the most ambitious plan for government intervention in the economy since Vladimir Ilyich Lenin’s train pulled into Petrograd’s Finland Station.

If Ocasio-Cortez doesn’t understand how tax subsidies work, how can she be trusted to plan the federal takeover of the health-care, energy and transportation sectors of our economy? Think she and her allies have any idea how to, as her now infamous talking points put it, upgrade or replace “every building in America” . . . or replace “every combustible-engine vehicle” . . . or connect every corner of America with high-speed rail . . . or replace all fossil-fuel energy with alternative energy sources — all in 10 years’ time? Apparently, they think we just have to find all the magic pots of cash the government is hiding.

When this kind of ignorance is driving policymaking in Washington, America is in profound danger. Amazon left New York because Ocasio-Cortez and her fellow democratic socialists created a hostile environment in the city. And if Ocasio-Cortez has her way, Democrats are going to do to the rest of America what they just did to New York.

https://www.washingtonpost.com/opin...51b7ff322e9_story.html?utm_term=.bb0828d24b16
Click to expand...

So she is an economic illiterate, did not knowing anything on an issue ever stop conservatives from supporting our dear leader on so many different issues?

Os Trigonum · Feb 22, 2019

pirc1 said: ↑

So she is an economic illiterate, did not knowing anything on an issue ever stop conservatives from supporting our dear leader on so many different issues?
Click to expand...

Os Trigonum · Feb 22, 2019

More Wall Street Journal this morning, this one from Peggy Noonan:

Welcome to New York, Amazon—Now Go Home
Progressives put out the unwelcome mat, and city dwellers will pay the price for years to come.
388 Comments
By Peggy Noonan
Feb. 21, 2019 7:27 p.m. ET

A last word on Amazon and New York City. The story’s over but it doesn’t stop hurting. Twenty-five thousand jobs lost, maybe 40,000 when all is said and done, and of all kinds—high-tech, management, white-collar, blue. All the construction, and the signs and symbols of a coming affluence: the streets lit bright, the sidewalks busy, shops and restaurants humming, hiring. The feeling of safety you have when you pass doorways on the street at night and can hear laughter and conversation on the other side.

This is not just “a loss,” it is a whole lost world. And it is a watershed event for my town. After Amazon’s withdrawal no major American company will open a new headquarters here for at least a generation. No CEO is going to do what Jeff Bezos did, invest all that time and money, do all the planning, negotiating and deciding, only to see it collapse in bitter headlines because the politicians you’re making the deal with can’t control their own troops, and because in the end it is summoning a humiliation to do big business in a town whose political life is dominated by a wild and rising progressive left.

Their issues were tax breaks and unionization.

Should corporations, especially big, megarich ones, be given tax benefits for locating in a city or state? No, actually. They should come in simply as grateful and eager new citizens, especially in a place like New York, since there’s nothing like us. But that is not the world in which we live. In this world politicians are desperate to expand the tax base and brag about creating jobs. Companies can and do press every advantage. New York City and state offered Amazon almost $3 billion in future tax breaks. (Newark and New Jersey offered $7 billion; everyone’s desperate.) New York state said that over the next 25 years Amazon’s presence would yield $186 billion in positive economic impact, including $14 billion in additional tax payments. The progressives who dominate New York’s City Council charged those numbers came from consultants hired to support the deal. Fine, assume they doubled the actual benefits: That would mean $93 billion in positive economic impact, $7 billion in tax payments. Still a huge benefit to the people of New York, and a lifeline for a state experiencing, according to Gov. Andrew Cuomo, more than $2 billion in tax shortfalls because the rich keep moving out.

Jeff Bezos was the rich guy who wanted to move in.

Amazon was knocked because it wouldn’t promise to unionize. I favor private unions: A certain claimed equality, a certain balance between a huge company’s management and the working man or woman, is not the worst thing in the world. And people more than ever need to belong to something. If Amazon were unionized it would cost them, and, warm little humanitarians that they are, they would immediately pass the cost on to consumers. That cost increase might function as a little boost to neighborhood retailers. And we all want neighborhood stores to get a boost because they’re our neighbors. They talk to us; they are part of the community; they make life more human. But you can’t expect Amazon, which is a business, to walk in declaring: We’ll not only help you unionize, we’ll organize your first strike!

When Amazon withdrew, Mayor Bill de Blasio, in his embarrassment and fear, decided he’d bluff his way through with tough talk. Amazon ran because they couldn’t take the heat. “You have to be tough to make it in New York City.”

Oh you he-man, you stud. Those bland little Amazon drones are real softies. They work for the richest man in the world and their job is to make him richer and if they don’t, they’re fired. Half Mr. Bezos’ business plan involves selling things for a dime less. They’d strangle you for a nickel.

Here is the truth: New York’s progressives weren’t tough, they were weak. They don’t know how to play this game.

You want to be tough and mean, get what you want, and keep those jobs for your constituents? Here was the play:

You don’t unleash the furies and hold hearings where crowds jeer, hiss and chant “GTFO, Amazon has got to go.” You don’t put stickers on every lamp pole saying “Amazon crime.” You don’t insult and belittle their representatives. You don’t become Tweeting Trotsky.

You quietly vote yes, go to the groundbreaking, and welcome our new partner in prosperity. Then you wait. And as soon as the new headquarters is fully built and staffed, you shake them down like a boss.

You move on local issues—high rents, crowded subways. To help on unionization you get the next Democrat in the White House to sic the National Labor Relations Board. You go to your friends in the big New York papers and say, “Amazon’s cruel, the shifts are so long the elevator operators are peeing in bottles, Bezos dropped his wallet and when the receptionist picked it up it broke her back.”

And Mr. Bezos, whose life is changing, who by now is a prince of the city with the fanciest friends—he can’t stand being killed every day! Also it’s 2021 and he’s worth $250 billion, and he says, “What the hell, give them half of what they want.”

What’s he going to do, leave? The place has been built, billions have been spent.

That’s real left-wing hardball: You catch it, then you skin it.

They let their prey go. What second-rate slobs run this town.

Opponents came out early, hard and full of rage. Jimmy Van Bramer, the preening councilman whose district included Amazon’s site: “The mayor and the governor caved to the richest man on Earth and then handed the bill to each and every New Yorker.” Rep. Alexandria Ocasio-Cortez didn’t wait a week after her election. Politico, Nov. 13: “She ripped the reported tax breaks the company will receive and described the local community’s reaction to the news as ‘outrage.’ ” Actually the community was for it; ideologues were against it. Amazon is rich, she said in a tweet: “The idea that it will receive hundreds of millions of dollars in tax breaks at a time when our subway is crumbling and our communities need MORE investment, not less, is extremely concerning for residents here.” Sometimes she seemed to think New York was literally handing Mr. Bezos a $3 billion check. Sometimes she seemed to know that wasn’t true but found it helpful to mislead. Like Mr. de Blasio she scrambled in apparent shock when Amazon backed out, and chose a triumphalist dodge. “Anything is possible: today was the day a group of dedicated, everyday New Yorkers & their neighbors defeated Amazon’s corporate greed.” No, everyday New Yorkers did not do it. They wanted the jobs. It was you, Fredo.

It would all be funny if it weren’t for that lost world. The 25,000 families getting a new paycheck, the mothers and fathers suddenly able to send their kids to the local Catholic school, the busy sidewalks, the lights. Instead, the books unbought in the store that didn’t open. The talent unhired and unmet.

Think of it that way and it breaks your heart. Really: breaks it.
Click to expand...

https://www.wsj.com/articles/welcome-to-new-york-amazonnow-go-home-11550795261?mod=hp_opin_pos2

pirc1 · Feb 22, 2019

Os Trigonum said: ↑

Click to expand...

Yup, the conservatives only care about issues when it is on the other side of the aisle, GOP hypocrisy at its finest again.

SamFisher · Feb 22, 2019

Os Trigonum said: ↑

Marc Thiessen on AOC's economic illiteracy:
Click to expand...

Marc Theissen on Marc Theissen's illiteracy:

The GOP Tax Cut Used to Be Extremely Unpopular, Not Anymore! (Feb 2018)

it was as popular as ebola by November

Trump is ready to deal, are Democrats (Nov 2018)

ahahahaha

Democrats' Negotiating Strategy is Insane (Dec 2018)

Trump Could Be the Most Honest President in Modern History (Oct 2018)

I can't even can't.

fchowd0311 · Feb 22, 2019

Os Trigonum said: ↑

Marc Thiessen on AOC's economic illiteracy:

The left complains that conservatives are “obsessing” over Alexandria Ocasio-Cortez. Well, there is a reason for that: Ocasio-Cortez is driving the agenda of today’s Democratic Party — and her economic illiteracy is dangerous.

Case in point: Last week, Ocasio-Cortez celebrated the tanking of a deal negotiated by her fellow Democrats in which Amazon promised to build a new headquarters in Long Island City, New York, right next to her congressional district. Amazon’s departure cost the city between 25,000 and 40,000 new jobs. Forget the tech workers whom Amazon would have employed. Gone are all the unionized construction jobs to build the headquarters, as well as thousands of jobs created by all the small businesses — restaurants, bodegas, dry cleaners and food carts — that were preparing to open or expand to serve Amazon employees. They are devastated by Amazon’s withdrawal. (Amazon’s founder and chief executive, Jeffrey P. Bezos, also owns The Post.)

Ocasio-Cortez was not disturbed at all. “We were subsidizing those jobs,” she said. “Frankly, if we were willing to give away $3 billion for this deal, we could invest those $3 billion in our district, ourselves, if we wanted to. We could hire out more teachers. We can fix our subways. We can put a lot of people to work for that amount of money if we wanted to.”

No, you can’t. Ocasio-Cortez does not seem to realize that New York does not have $3 billion in cash sitting around waiting to be spent on her socialist dreams. The subsidies to Amazon were tax incentives, not cash payouts. It is Amazon’s money, which New York agreed to make tax-exempt, so the company would invest it in building its new headquarters, hiring new workers and generating tens of billions in new tax revenue.

As New York Mayor Bill de Blasio explained, the Amazon deal would have produced “$27 billion in new tax revenue to fuel priorities from transit to affordable housing — a nine-fold return on the taxes the city and state were prepared to forgo to win the headquarters.” Unlike Ocasio-Cortez’s imaginary $3 billion slush fund, that is real money that actually could have been used to hire teachers, fix subways and put people to work. With Amazon leaving New York, that $27 billion leaves with it. Genius.

Ocasio-Cortez does not seem to understand that by helping to drive Amazon away, she did not save New York $3 billion; she cost New York $27 billion. There is a difference between having bad ideas and not grasping basic facts. Reasonable people can disagree about whether New York should have offered Amazon $3 billion in tax incentives — or anything at all — to build its headquarters in the city. But that is different from not understanding that New York is not writing a $3 billion check to Amazon.

Sadly, Ocasio-Cortez doesn’t learn from her mistakes. She made the same kind of error in December when she tweeted, “$21 TRILLION of Pentagon financial transactions ‘could not be traced, documented, or explained.’ $21T in Pentagon accounting errors. Medicare for All costs ~$32T. That means 66% of Medicare for All could have been funded already by the Pentagon.” But, as Pentagon spokesman Christopher Sherwood told The Post, “DoD hasn’t received $21 trillion in (nominal) appropriated funding across the entirety of American history.” Once again, Ocasio-Cortez did not grasp that the Pentagon did not have a magic pile of $21 trillion in cash sitting in a vault somewhere.

Her economic illiteracy matters because she is the principal author of the Green New Deal, which has been endorsed by most of the leading Democratic candidates for president. From this unschooled mind has sprung the most ambitious plan for government intervention in the economy since Vladimir Ilyich Lenin’s train pulled into Petrograd’s Finland Station.

If Ocasio-Cortez doesn’t understand how tax subsidies work, how can she be trusted to plan the federal takeover of the health-care, energy and transportation sectors of our economy? Think she and her allies have any idea how to, as her now infamous talking points put it, upgrade or replace “every building in America” . . . or replace “every combustible-engine vehicle” . . . or connect every corner of America with high-speed rail . . . or replace all fossil-fuel energy with alternative energy sources — all in 10 years’ time? Apparently, they think we just have to find all the magic pots of cash the government is hiding.

When this kind of ignorance is driving policymaking in Washington, America is in profound danger. Amazon left New York because Ocasio-Cortez and her fellow democratic socialists created a hostile environment in the city. And if Ocasio-Cortez has her way, Democrats are going to do to the rest of America what they just did to New York.

https://www.washingtonpost.com/opin...51b7ff322e9_story.html?utm_term=.bb0828d24b16
Click to expand...

A career GOP DC lobbyist with pretty much the same educational background as AOC trying to lecture her while not realizing her premise.

Let the free market determine where a company should relocate or expand, not government bribes with gifts of tax avoidance.

You would think libertarians would agree with this. It shows how modern libertarians are less about government intervention and more about corporate cheerleading even of the corporate world has a stranglehold on our government.

fchowd0311 · Feb 22, 2019

Os Trigonum said: ↑

Click to expand...

What about the current manager of the world's largest bureaucracy and commander of the world's most powerful military you mean?

Os Trigonum · Feb 23, 2019

Andrew Cuomo with a thinly-disguised criticism of AOC:

“We have gotten superficial. We have gotten anecdotal,” the governor said of the anger of “certain political groups.” “Nobody understands what it really takes to make change in a governmental process.”

Of opponents’ argument that the $3 billion tax break promised to Amazon could have been spent in other ways, he said, “How ignorant.”

The tax break was contingent on $27 billion in revenue that Amazon promised to generate, not a check to the company.

https://www.nytimes.com/2019/02/22/nyregion/amazon-cuomo-gianaris.html

Aleron · Feb 24, 2019

fchowd0311 said: ↑

What about the current manager of the world's largest bureaucracy and commander of the world's most powerful military you mean?

Click to expand...

Firstly it's pretty obvious Trump is doing an old trusted politician tactic, which is when asked a question about a topic he knows people care about, but he really doesn't, then talk about some sort of tangential somewhat but not really related issue. It's as though he's got a self note : if asked about deficit, talk about tariffs, that the former is generally unpopular, and the latter is generally popular probably isn't a coincidence.

Trump's own position came out during the campaign, he doesn't care about them and he was open about something that goes on but a presidential candidate isn't meant to speak of, the way the US "restructures" its debt perpetually, but it's better that the people don't know.

tallanvor · Feb 24, 2019

New York state budget director destroying unions and AOC

we overestimated the intelligance and integrity of local elected officials
Click to expand...

Os Trigonum · Feb 24, 2019

tallanvor said: ↑

New York state budget director destroying unions and AOC
Click to expand...

lol

"Incredibly, I have heard city and state elected officials who were opponents of the project claim that Amazon was getting $3 billion in government subsidies that could have been better spent on housing or transportation. This is either a blatant untruth or fundamental ignorance of basic math by a group of elected officials. The city and state 'gave' Amazon nothing. Amazon was to build their headquarters with union jobs and pay the city and state $27 billion in revenues. The city, through existing as-of-right tax credits, and the state through Excelsior Tax credits - a program approved by the same legislators railing against it - would provide up to $3 billion in tax relief, IF Amazon created the 25,000-40,000 jobs and thus generated $27 billion in revenue. You don't need to be the State's Budget Director to know that a nine to one return on your investment is a winner.

and

"It was wrong to manage this issue as if it were a single legislator's political prerogative on a local matter. This was not a traffic signal or local zoning issue. Losing the Amazon project was not just a blow to Queens County, it hurt the whole State from Long Island to the Capitol Region's nanotechnology corridor to the emerging Panasonic plant in Buffalo, and it was a bad reflection on every single local elected official. Legislators must realize there is a difference between playing politics and responsibly governing."

tallanvor · Feb 24, 2019

Os Trigonum said: ↑

lol

"Incredibly, I have heard city and state elected officials who were opponents of the project claim that Amazon was getting $3 billion in government subsidies that could have been better spent on housing or transportation. This is either a blatant untruth or fundamental ignorance of basic math by a group of elected officials. The city and state 'gave' Amazon nothing. Amazon was to build their headquarters with union jobs and pay the city and state $27 billion in revenues. The city, through existing as-of-right tax credits, and the state through Excelsior Tax credits - a program approved by the same legislators railing against it - would provide up to $3 billion in tax relief, IF Amazon created the 25,000-40,000 jobs and thus generated $27 billion in revenue. You don't need to be the State's Budget Director to know that a nine to one return on your investment is a winner.

and

"It was wrong to manage this issue as if it were a single legislator's political prerogative on a local matter. This was not a traffic signal or local zoning issue. Losing the Amazon project was not just a blow to Queens County, it hurt the whole State from Long Island to the Capitol Region's nanotechnology corridor to the emerging Panasonic plant in Buffalo, and it was a bad reflection on every single local elected official. Legislators must realize there is a difference between playing politics and responsibly governing."
Click to expand...

There are tons of great lines from this thing. Its a hilarious read.

King1 · Feb 24, 2019

How she managed an Ivy league education is unreal. Unless she's trolling this is literally one of the most ignorant people ever in office.

Cohete Rojo · Feb 25, 2019

Os Trigonum said: ↑

lol

"Incredibly, I have heard city and state elected officials who were opponents of the project claim that Amazon was getting $3 billion in government subsidies that could have been better spent on housing or transportation. This is either a blatant untruth or fundamental ignorance of basic math by a group of elected officials. The city and state 'gave' Amazon nothing. Amazon was to build their headquarters with union jobs and pay the city and state $27 billion in revenues. The city, through existing as-of-right tax credits, and the state through Excelsior Tax credits - a program approved by the same legislators railing against it - would provide up to $3 billion in tax relief, IF Amazon created the 25,000-40,000 jobs and thus generated $27 billion in revenue. You don't need to be the State's Budget Director to know that a nine to one return on your investment is a winner.

and

"It was wrong to manage this issue as if it were a single legislator's political prerogative on a local matter. This was not a traffic signal or local zoning issue. Losing the Amazon project was not just a blow to Queens County, it hurt the whole State from Long Island to the Capitol Region's nanotechnology corridor to the emerging Panasonic plant in Buffalo, and it was a bad reflection on every single local elected official. Legislators must realize there is a difference between playing politics and responsibly governing."
Click to expand...

There are so many misguided individuals who hear “subsidy” and automatically think that the government is handing out cash on an unconditional basis. Sad.

Os Trigonum · Mar 1, 2019

Cuomo still trying to get amazon to change its mind and come back to NYC

https://www.nytimes.com/2019/02/28/...ml?action=click&module=Latest&pgtype=Homepage

full page ad in the Times today:

https://int.nyt.com/data/documenthe...a112e77301026beb86d/optimized/full.pdf#page=1

Os Trigonum · Mar 18, 2019

statewide polling reveals many New Yorkers blame AOC for the amazon pullout:

Amazon’s decision to pull the plug on a planned expansion in Long Island City was bad for New York, with many pointing the finger at Rep. Alexandria Ocasio-Cortez, according to a majority of voters polled by Siena College.

The poll released Monday morning found voters across the state, 67 percent to 21 percent, believe the cancelled deal was a bad development for the state. Most voters, 61 percent to 30 percent, back the project, which would have linked $3 billion in tax credits to up to 25,000 jobs.

A plurality of voters, 38 percent, put the blame on the scuttled deal on Ocasio-Cortez, the freshman Bronx Democrat who was among the proposal’s vocal opponents.

https://spectrumlocalnews.com/nys/r...m3vrjPC4skgjoWoKAdeYu4TqJLWgFkjNoy3JKZ84nlXGg

Invisible Fan · Mar 18, 2019

This could be her Iraq Moment. Even if she isn't the main culprit, she's become the face of it.

I don't think she has much to lose right now for taking the blame.

SamFisher · May 28, 2019

Amazon Is Shopping for Office Space In Manhattan, Proving HQ2 Haters Pretty Much Entirely Right

https://slate.com/business/2019/05/amazon-new-york-city-office-space.html

Cohete Rojo · May 28, 2019

SamFisher said: ↑

Amazon Is Shopping for Office Space In Manhattan, Proving HQ2 Haters Pretty Much Entirely Right

https://slate.com/business/2019/05/amazon-new-york-city-office-space.html
Click to expand...

100,000 == 8,000,000?

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Os Trigonum Member
Supporting Member

Os Trigonum Member
Supporting Member

Os Trigonum Member
Supporting Member

Os Trigonum Member
Supporting Member

Os Trigonum Member
Supporting Member