31 ms·
>> Jobs are not a commodity that has to be "created" at all. A job is just a demand for labor. Either the demand is there at market rate, or it's not. You are
by TuringNYC 3y ago
>> Jobs are not a commodity that has to be "created" at all. A job is just a demand for labor. Either the demand is there at market rate, or it's not.
You are right, but missing the fact that the commodity can exist in location a vs location b. The argument for subsidies was to push to move the job to a specific location. As a tech worker in the NYC area, this would be awesome. It was an incredibly selfish decision by AoC and others to vanquish most of these jobs.
Also remember all the secondary and tertiary jobs (nannies, restaurants, dog-walkers) which were all lost along with the high paying tech jobs.