116th Congress

Julio3000 said:
This seems like quite a nitpick. Aside from all the tax incentives, the city was basically dumping $2B in grants on Amazon. I’m sure it wasn’t ripped directly out of the hands of teachers and firefighters, but it was public money.
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It was granted based off of future raxable revenues geberated by the company.

It is not current public money that can be reallocated. Its an astonishingly stupid comment.
 
Corporate pork does at the end of the day come out of resources that could be allocated to other uses. That seems uncontroversial. Otherwise what is the objection to it.
 
Julio3000 said:
The $505M capital grant, too?
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Only granted because future taxable revenue will greatly outpace that figure. Therefore, it doesnt actually exist without amazon.

Dont fet me wrong - i hate companies like amazon and am fine with them not opening up this plant. I just hate the financial stupidity of the leaders on the left.
 
thethe said:
Only granted because future taxable revenue will greatly outpace that figure. Therefore, it doesnt actually exist without amazon.

Dont fet me wrong - i hate companies like amazon and am fine with them not opening up this plant. I just hate the financial stupidity of the leaders on the left.
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I agree with that. I think the subsidies thrown at Amazon were nuts. The opposition to Amazon, however, seems mostly to spring out of a general anti-business sentiment that is hurting the city. The opposition doesn't really have a viable plan to help the people they claim to be defending.
 
nsacpi said:
I agree with that. I think the subsidies thrown at Amazon were nuts. The opposition to Amazon, however, seems mostly to spring out of a general anti-business sentiment that is hurting the city. The opposition doesn't really have a viable plan to help the people they claim to be defending.
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I personally will end up losing with amazon leaving approximiately 25-50k in property value. Those are the hidden financial benefits to residents of the regional area.

But, like i said. Ive long been against monopolistic entities so im not crying about it
 
sturg33 said:
She doesn't get it, guys

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This is a fairly common fallacy on her part. To focus narrowly on certain jobs for certain people. I call it jobism. Jobs are not attached to individuals. Most of us work a sequence of different jobs over our lives. To focus narrowly on one set of jobs for one group of people in a particular location represents a misunderstanding of how labor markets work. This is a fallacy that you see more on the left. Since you didn't perform your function around here, I have to step in and say the left has lost its mind. At least with respect to this issue.

By the way there is a more general principle at work. Sometimes you see arguments, like buy local. Why should anyone do this. If local is better, buy local. If not you owe it to yourself to buy the best product for the best price.
 
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I think she instinctively dislikes the deal because of the absurd incentives that were being granted to Amazon, but has trouble articulating that reason well to constituents who are economically ignorant. I think she settled on an argument that she knows is both wrong and more politically apt and has the same outcome.

I also think an awful lot of people are underestimating her. She's an attractive, young, personable, minority woman, with a worldview that today's news media and Hollywood will gladly disseminate. Now it's just a race between her ascension and Wall Street/mega rich's efforts to get their hooks into her to stop her ideas before they reach critical mass.
 
Jaw said:
I think she instinctively dislikes the deal because of the absurd incentives that were being granted to Amazon, but has trouble articulating that reason well to constituents who are economically ignorant. I think she settled on an argument that she knows is both wrong and more politically apt and has the same outcome.

I also think an awful lot of people are underestimating her. She's an attractive, young, personable, minority woman, with a worldview that today's news media and Hollywood will gladly disseminate. Now it's just a race between her ascension and Wall Street/mega rich's efforts to get their hooks into her to stop her ideas before they reach critical mass.
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I wonder about her future. You have people like George Stephanopoulos and Joe Scarborough who have done very well moving on to television. I could see that happening with her. I don't mean that in a deprecating way. But I don't see her as the type who can build coalitions and be a legislative tactician.
 
nsacpi said:
I wonder about her future. You have people like George Stephanopoulos and Joe Scarborough who have done very well moving on to television. I could see that happening with her. I don't mean that in a deprecating way. But I don't see her as the type who can build coalitions and be a legislative tactician.
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Maybe. But I don't think anyone would have attributed those qualities to our current President either.

I think she has a greater than zero chance of being the most impactful US politician since FDR.
 
Jaw said:
Maybe. But I don't think anyone would have attributed those qualities to our current President either.

I think she has a greater than zero chance of being the most impactful US politician since FDR.
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Our Evita
 
I read that article earlier today. I'm interested to see what form of "moderate" she takes. There doesn't seem to be much diversity of thought among D reps once Nancy decides something needs the votes to pass.
 
Jaw said:
I read that article earlier today. I'm interested to see what form of "moderate" she takes. There doesn't seem to be much diversity of thought among D reps once Nancy decides something needs the votes to pass.
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She has a hell of a resume and seems to have some political chops. I don't know about her future as a national candidate, but someday she will win statewide office in NJ. Governor or senator. I'd put money on that. As someone in the article alluded to, although a Democrat she is in the tradition of Tom Kean. And he was the most popular governor the state has had in a long time. And a very good governor too.
 
Julio3000 said:
This seems like quite a nitpick. Aside from all the tax incentives, the city was basically dumping $2B in grants on Amazon. I’m sure it wasn’t ripped directly out of the hands of teachers and firefighters, but it was public money.
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The effect would have been spread over years, but as one of my bosses used to say "You can only spend a dollar once." Any dollar going to pay for any incentive is a dollar that couldn't be spent on something else. The argument, of course, is that the development would spur other economic development. Maybe in this case it would have, but most of these projects don't pay for themselves when everything is added up. I didn't look closely at the proposal, but my guess is that it probably included property tax exemptions, which in effect pushes the property tax burden higher for other folks.
 
Jaw said:
I think she instinctively dislikes the deal because of the absurd incentives that were being granted to Amazon, but has trouble articulating that reason well to constituents who are economically ignorant. I think she settled on an argument that she knows is both wrong and more politically apt and has the same outcome.

I also think an awful lot of people are underestimating her. She's an attractive, young, personable, minority woman, with a worldview that today's news media and Hollywood will gladly disseminate. Now it's just a race between her ascension and Wall Street/mega rich's efforts to get their hooks into her to stop her ideas before they reach critical mass.
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Thank goodness she's the only public official doing that.
 
AoC has a degree in Economics? Thats almost as absurd as Roy Moore having a law degree. From what I read this HQ would have had 70k employees. I wonder what 70k mostly good jobs does for a local economy, like a waitress at a restaurant/coffee shop..... And just a side note, nothing will make you racist faster than working for tips.
 
cajunrevenge said:
AoC has a degree in Economics? Thats almost as absurd as Roy Moore having a law degree. From what I read this HQ would have had 70k employees. I wonder what 70k mostly good jobs does for a local economy, like a waitress at a restaurant/coffee shop..... And just a side note, nothing will make you racist faster than working for tips.
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The fentrification of BK and Queens has been a hot button issue out here for 20 years. Lots of new yorkers are pushed out of their homes due to affordability of everyday things like groceries when the hipsters take over. I get why some didnt want amazon coming in but dont give us a stupid reason like tax incentives which proves you have no idea how math works.
 
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