Economy AOC and co. vindicated: Amazon expanding in NY without massive giveaway from gov.

[IGotAHugePeckah]

I'm not a big fan of AOC but god damn do I love this post. Tell em, girl. Use your own fucking money Besos, you bald cock sucker. Home run for AOC, IMO

 

[nostradumbass]

How fitting you used a gif from Dumb and Dumber. I always think of that movie when I read yours and Alex's posts.

If they said no, which they did, they would have not had to pay out 3 Billion$ so they saved that money, and now Amazon is expanding anyway which means they are getting extra tax revenue.

I thought you right-wingers on here were supposed to be capitalistic geniuses?

I can't tell if you're kidding or not. If not, it's truly unbelievable how you can confidently argue something you know less than nothing about. The tax INCENTIVE would have come out to $3 billion. That is, $3 billion less than the over $30 billion it would have been, which is still a gain of over $27 billion. They said no, so the city LOST $27 billion. Whatever paltry expansion in office space they're doing in manhattan now is sure as fuck not going to come out to the $27 billion already lost from blowing the HQ2 deal.

If a papa johns cashier doesn't take your $4 off coupon and you don't buy a pizza from them, the cashier didn't just make the company $4.

 

[VivaRevolution]

Sadly we can’t burn it all to the ground huh? I guess you guys just think you have some Robin Hood mentality where you think you are fighting for the people and bashing “dem corporate cucks”

Right now, in this point in time, NY and it’s people lost a lot of money and opportunity that’s all there is to it

I don't care.

If socialism is bad, then corporate socialism is devil semen.

 

[AlexDB9]

I can't tell if you're kidding or not. If not, it's truly unbelievable how you can confidently argue something you know less than nothing about. The tax INCENTIVE would have come out to $3 billion. That is, $3 billion less than the over $30 billion it would have been, which is still a gain of over $27 billion. They said no, so the city LOST $27 billion. Whatever paltry expansion in office space they're doing in manhattan now is sure as fuck not going to come out to the $27 billion already lost from blowing the HQ2 deal.

If a papa johns cashier doesn't take your $4 off coupon and you don't buy a pizza from them, the cashier didn't just make the company $4.

They only way these guys would understand is if their personal bottom line was fucked with. Otherwise they are all very special and I for one hope that their hearts are blessed

 

[ElKarlo]

The same thing happens there's a bidding war for pro sports franchises to move to a particular city. The deals offered are usually so generous that they cancel out any financial benefit of the team moving into that area.

Look at how the Rams fucked St. Louis. They're still paying for the stadium, and all of the bondholders got screwed.

Yep. There becomes a point where you're giving ng away the store to move products. I think cities in general can and should be more careful.
Didn't realize they screwed over the bond holders. That's pretty heinous. Dudes get their millions while the city basically defaults?

 

[ElKarlo]

How fitting you used a gif from Dumb and Dumber. I always think of that movie when I read yours and Alex's posts.

If they said no, which they did, they would have not had to pay out 3 Billion$ so they saved that money, and now Amazon is expanding anyway which means they are getting extra tax revenue.

I thought you right-wingers on here were supposed to be capitalistic geniuses?

Dude I'm right wing and I think tax give aways are prostitution. They're awful. Cities ir what have you within the US should win business based on infrastructure, taxes and the make up of their citizens. Anything else is political back took nonsense that shouldn't be allowed.
I'm firm on this and deficit spending

 

[D3thr0n3d K1ng]

Quoting for prosperity

You like to throw around the word “idiot” a lot and you just exposed yourself. Again NY wasn’t saving or paying 3B, they were going to forgoe taxes they wouldn’t even get if Amazon wasn’t coming in the first place. I see you and she guevara share he same IQ. Sad

And they just got those taxes now without having to pay a dime...

Again are you sure you understand capitalism? Might wanna take Bezos dick out of your mouth beofre you reply.

 

[AlexDB9]

And they just got those taxes now without having to pay a dime...

Again are you sure you understand capitalism? Might wanna take Bezos dick out of your mouth beofre you reply.

It’s like arguing with dry wall. Oh well I tap out brah, enjoy ignorance

 

[D3thr0n3d K1ng]

It’s like arguing with dry wall. Oh well I tap out brah, enjoy ignorance

LOL

"You dont understand, they should have paid them 3 billion dollars$$$ and not made them pay taxes instead of letting them set up shop anyway!! "

When you go to a store do you pay the owner to set foot in his store?

Again bro you need to find a third grade text book on what capitalism actually is.

HINT: its not sucking every rich mans cack you come across.

 

[Jballer]

It’s pretty baffling how anyone is still grasping at straws to spin this as a negative. I get that AOC is the right’s new boogeywomen, but goddamn are you coming off as sore losers here.

 

[PEB]

Hopefully this expands to cities subsidizing sports stadiums.
The owners of the teams that get the city or state to pay for the stadium, promise all this revenue to local businesses but it never pans out.

I was about to post the same thing all I been reading lately how much Cities and states regret having forked up 100 of millions to billions to sports teams with nothing but traffic problems and requiring more of a Police presences. Some states have spent 10's of millions just updating roads going to the stadiums to correct for traffic problems. Wall Street Journal even talks about the expansion beyond anyone's est.





My twitter buddy Marc Benioff Salesforce tower in NY no billions from the City to move there and he's really happy. Thousands of high paying jobs in New York no multi-billion dollar giveaway.

 

[Not A Theist]

Hrm... So is there any evidence that this investment is even a fraction as large as what was planned with the HQ? I mean, my city put in a bid for the Amazon HQ too and didn't get it. Amazon has expanded here nonetheless, buying hundreds of thousands of square feet of real estate and created four figures of permanent jobs in the city - but no-one is pretending like Amazon clandestinely gave us the HQ after rejecting our offer. Is there something in that article which suggests that this is what people are claiming it to be, or is this just more partisan hackery to save political face?

Just to be clear, given what that article says, Amazon's presence in NY is about 20% larger than it is in my city which is about 1/10th the size of NY. Unless there is something else, I'm not seeing this as grounds to claim a win so much as pure political puffery.

 

[VivaRevolution]

This is thread worthy, but got the dubs.

This is why modern monetary theory is gaining steam.

As much as I am concerned by our deficit spending, I'm not convinced it matters.

Current monetary theory is dead. The market is not working the way it is supposed to.

Trump economic adviser Larry Kudlow: Hats off to AOC, she 'nailed' her questions to Fed chair
By David Montanaro | Fox News

Continue Reading Below


Top White House economic adviser Larry Kudlow applauded Rep. Alexandria Ocasio-Cortez Thursday for her questions to Federal Reserve Chairman Jerome Powell during a House hearing.

Speaking on "Fox & Friends," the National Economic Council director pointed out that it was Ocasio-Cortez that asked Powell about the Phillips Curve, which theorizes that as the unemployment rate falls, wages rise and thus, inflation accelerates.

Ocasio-Cortez stated to Powell that the theory "is no longer describing what is happening in today's economy," and the chairman agreed.

"It was Ms. AOC who asked him about the Phillips Curve. Why is rising growth and employment and low unemployment bad? Why does that cause inflation and higher interest rates? And Jay Powell said, 'Well you're right. That thing hasn't worked in decades.' Now, I got to give her high marks for that. She got that out of the chairman," Kudlow said


https://www.foxnews.com/politics/tr...aoc-she-nailed-her-questions-to-fed-chair.amp

 

[44nutman]

This is thread worthy, but got the dubs.

This is why modern monetary theory is gaining steam.

As much as I am concerned by our deficit spending, I'm not convinced it matters.

Current monetary theory is dead. The market is not working the way it is supposed to.

Trump economic adviser Larry Kudlow: Hats off to AOC, she 'nailed' her questions to Fed chair
By David Montanaro | Fox News

Continue Reading Below


Top White House economic adviser Larry Kudlow applauded Rep. Alexandria Ocasio-Cortez Thursday for her questions to Federal Reserve Chairman Jerome Powell during a House hearing.

Speaking on "Fox & Friends," the National Economic Council director pointed out that it was Ocasio-Cortez that asked Powell about the Phillips Curve, which theorizes that as the unemployment rate falls, wages rise and thus, inflation accelerates.

Ocasio-Cortez stated to Powell that the theory "is no longer describing what is happening in today's economy," and the chairman agreed.

"It was Ms. AOC who asked him about the Phillips Curve. Why is rising growth and employment and low unemployment bad? Why does that cause inflation and higher interest rates? And Jay Powell said, 'Well you're right. That thing hasn't worked in decades.' Now, I got to give her high marks for that. She got that out of the chairman," Kudlow said


https://www.foxnews.com/politics/tr...aoc-she-nailed-her-questions-to-fed-chair.amp

Been a while since I watched Fox and Friends. Does the new fembot give out Cotton Shots, like Gretchen did, also do they make her play dumb like Gretchen? It always amazed me that Gretchen who graduated with honors from Stanford had to play the dumb blonde role.

 

[Scheme]

I hate Amazon for trying to get an unfair advantage over other companies. That being said AOC is an idiot.

 

[Phisher]

That article says nothing about Amazon adding jobs, or at least how many. All it says is that Amazon has increased its office space in Manhattan-- which isn't AOC's bloc. Meanwhile, the headquarters in her Queens district were canceled planned for Long Island City in that borough. You should have read the WSJ article:

This isn't a new project. It's just an expansion of a previous HQ in Manhattan. Amazon already previously said it would add to the 5,000 jobs that exist in Manhattan, Brooklyn, and Staten Island. So I wonder how many jobs are added by tripling the office space in a borough that already splits 5,000 jobs with two other boroughs. Conversely, the Queens HQ was going to support 50,000 jobs. Those all went to Virginia who did offer incentives.

https://nypost.com/2019/05/27/amazon-is-reportedly-eyeing-office-space-on-manhattans-west-side/

Amazon's expansion is undoubtedly the result of a booming economy including increased consumer spending (not just on electronics). It can't be unexpected that they will expand. The question is how many jobs does that expansion brings to Queens.

AOC is almost as dumb as the people who think she isn't dumb.

The nonsense about jobs going to Virginia gets debunked halfway through this video.



Most of the jobs are already held by current Amazon employees who are relocating to the area and fucking up the real estate market for locals.

 

[JohnnySagebrush]

This is thread worthy, but got the dubs.

This is why modern monetary theory is gaining steam.

As much as I am concerned by our deficit spending, I'm not convinced it matters.

Current monetary theory is dead. The market is not working the way it is supposed to.

Trump economic adviser Larry Kudlow: Hats off to AOC, she 'nailed' her questions to Fed chair
By David Montanaro | Fox News

Continue Reading Below


Top White House economic adviser Larry Kudlow applauded Rep. Alexandria Ocasio-Cortez Thursday for her questions to Federal Reserve Chairman Jerome Powell during a House hearing.

Speaking on "Fox & Friends," the National Economic Council director pointed out that it was Ocasio-Cortez that asked Powell about the Phillips Curve, which theorizes that as the unemployment rate falls, wages rise and thus, inflation accelerates.

Ocasio-Cortez stated to Powell that the theory "is no longer describing what is happening in today's economy," and the chairman agreed.

"It was Ms. AOC who asked him about the Phillips Curve. Why is rising growth and employment and low unemployment bad? Why does that cause inflation and higher interest rates? And Jay Powell said, 'Well you're right. That thing hasn't worked in decades.' Now, I got to give her high marks for that. She got that out of the chairman," Kudlow said


https://www.foxnews.com/politics/tr...aoc-she-nailed-her-questions-to-fed-chair.amp

AOC isn’t dumb. Young and naive, but she’s apparently sharp. At least relative to most of her cohorts; there is no IQ test for that job.

On another note, once again we see Sherdog “conservatives” advocating for extensive corporate handouts as a recruitment tool. It’s unbelievable.

FYI, there have been extensive studies on these municipal and State handouts to recruit companies. It’s not a dark area. And guess what, folks? In the long run, the juice isn’t worth the squeeze. You gotta do s little more analysis than reading the number of jobs and saying “it’s so simple!” like Alex in this thread, who apparently is now quite in favor of socialism as long as it flows upwards.

 

[VivaRevolution]

AOC isn’t dumb. Young and naive, but she’s apparently sharp. At least relative to most of her cohorts; there is no IQ test for that job.

On another note, once again we see Sherdog “conservatives” advocating for extensive corporate handouts as a recruitment tool. It’s unbelievable.

FYI, there have been extensive studies on these municipal and State handouts to recruit companies. It’s not a dark area. And guess what, folks? In the long run, the juice isn’t worth the squeeze. You gotta do s little more analysis than reading the number of jobs and saying “it’s so simple!” like Alex in this thread, who apparently is now quite in favor of socialism as long as it flows upwards.

I take special issue with this Amazon issue, because I know it's Roots. Boeing once taught seminars to other corporations on how to leverage jobs to get America to bid for those jobs with free stuff. Boeing openly taught that socialism is cool if it benefits their golden parachute.

 

[D3thr0n3d K1ng]

The tax INCENTIVE would have come out to $3 billion. That is, $3 billion less than the over $30 billion it would have been, which is still a gain of over $27 billion. They said no, so the city LOST $27 billion. Whatever paltry expansion in office space they're doing in manhattan now is sure as fuck not going to come out to the $27 billion already lost from blowing the HQ2 deal.

If a papa johns cashier doesn't take your $4 off coupon and you don't buy a pizza from them, the cashier didn't just make the company $4.

Hahahahah Do you fall for those Nigerian prince scams too?

LOL @ 'incentive' they were gonna give Amazon 3$ billion just to come to NYC. Now they expanded anyways because NYC stayed their hand and didnt have to pay that ridiculous amount of money, and NYC will still get tax revenue. Which Im glad they did because NYC>Amazon or any company. If they would have paid the 3$ billion Amazon would have only added a few jobs and likely would have picked up once another city offered the same deal. Then NYC would be in the hole for $3billion for years to come. For someone who claims to be a business guru you sure fall for some zhitty deals.

Amazon wanted $120,000 per employee to move there.Ridiculous. Like I said would you go to a store that charged you just to enter it? Face it, NYC and AOC were right here.

 

[ultramanhyata]

It's like a chick who says if you take her to dinner, she'll sleep with you. You say "no" so she settles for giving you a bj anyway. Did you really lose in that scenario?

No way.

(And if she was a fatty you actually won.)