Yes, exactly. There is an inherent and substantial lag between the time when 25,000 new job ‘capacity’ is added to the local labor market vs. when that capacit

Yes, exactly. There is an inherent and substantial lag between the time when 25,000 new job ‘capacity’ is added to the local labor market vs. when that capacity is filled. Obviously, the mere presence of another employer seeking out highly skilled talent will have other effects, like raising wages and rent. Like you, I don’t know whether this deal will be a net win or not. And I’m not suggesting Amazon has to bring in 25,000 new people for it to be a gain. I’m just calling nonsense on the posts with impossibly optimistic math (“25k jobs x $150k/yr = $3.75B in new taxable income, so it’s obviously a win, Q.E.D.”).