Sure, they have the power jump from the Brooklyn bridge into the Hudson river. While importing so many people from poor countries, America has forgotten that people comes with ideas and culture, and poor people comes with the ideology of poverty. Third world nationalism has succeeded to make their countries unfriendly to "imperialism" and has driven away those imprudent companies that had invested there. No American company is investing nor staying if it can avoid in Venezuela (or Argentina). By importing large masses of "Venezuelans", pockets of America itself are turning Venezuelas. That has become evident by the hostility to Amazon's project to move to New York, which caused the large and very successful company to realize that has zero desire to move into Ocasio's hood. It was to employ 26000 persons with an average salary of 150,000 dollars.
Driving away one of the world's most successful technological companies will influence others and will result in the impoverishment of New York. Ocasio Cortez from Puerto Rico (pic) has defeated the world's richest man Bezos, reminding me of Arturo Frondizi's expelling American oil companies from Patagonia, ending the dream of becoming Kuweit. Latin Americans succeeded in re-making their paradise into hell, and now they are doing it to America. Pity.
It isn't Patagonia. NYC has lots of growing firms looking to hire tech and white-collar workers. Amazon wasn't going to create 25,000 jobs, it was going to poach them.
ReplyDeleteNYC shouldn't have offered tax breaks to Amazon. It's a lazy shortcut for politicians - negotiate with a big employer all at once, rather than creating the conditions that lead to widespread organic growth.
If Amazon wants to hire more New Yorkers, it can buy more real estate on fair terms like everyone else.
Cities and countries are competing for successful high tech companies that create a wide circle of prosperity around them. Fighting these large corporations is a lazy shortcut for populist politicians, like Frondizi who expelled the American oil companies from Patagonia (making Argentina an importer of oil since then) and Alexandria Ocasio, who declared victory having run away the world richest man, Bezos. Now let see how she will create what you define as "widespread organic growth" whatever it may be. Hope it is not something fake like "organic eggs" and "organic chicken".
DeleteNYC already is a wide circle of prosperity. Its limits to growth are cost of housing, in a nice neighborhood, within a reasonable commute. Anything that helps with that, would help with "organic growth." I don't really know why they are bidding for jobs.
DeleteVirtually every other city in the country happily prostituted themselves to try to land Amazon. And they were right to do so. Most of the country has more space than good jobs. NYC is an exception.
There is also the prestige thing.
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