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> we don't need to give the largest company in the world a huge discount to do business here Looks like you do, because now we have - no discount, no business.
by smsm42 8y ago
> we don't need to give the largest company in the world a huge discount to do business here
Looks like you do, because now we have - no discount, no business.
> It's not like the economic development of NYC is dependent on Amazon
Of course, losing several billions of added value and 25K jobs won't kill the economy of the size of New York. Just as shooting oneself in the foot won't kill most healthy people. But keep at it, and sooner or later there would be a surprising development that the health is not what it once was...
- 1986 8y agoAmazon is already in New York and their own statement today says they will continue expanding those teams despite not moving forward with HQ2. No discount, still business. "There are currently over 5,000 Amazon employees in Brooklyn, Manhattan, and Staten Island, and we plan to continue growing these teams."
- smsm42 8y ago> No discount, still business Not the business that was conditional on the discount.
- nihonde 8y agoNYC generates about 10% of US GDP, already houses Amazon, Google, and every other global player. We have our fingers in everything already. We don’t need to play this kind of needy urban development three-card monty nonsense to continue kicking ass economically all day and night long.
- smsm42 8y agoAgain, shooting oneself in the foot by losing 25K jobs won't kill New York. It just would make it a little poorer than it otherwise could be (some people a real lot poorer - talk to some RE developers that bought properly expecting Amazon to move in nearby...) New York doesn't need HQ2, it doesn't need any one particular development at all. But if it starts approaching all of them with this attitude, it gradually will start losing them, one by one, becoming poorer and poorer as they go. Would it kill it? Probably not, Detroit still exists. Is it a smart way to conduct affairs? I guess that's for New Yorkers to decide, if they think losing 25K jobs and billions in future tax income worth sticking it to Bezos - well, they can rejoice.
- Apocryphon 8y agoAmazon’s loss is another company’s gain. There will be more deals and more jobs, you’re acting like this is a recoverable loss when this is not a loss at all but an opportunity for someone else to fill the void, without drastic tax breaks.