General Discussion

infinite_wisdom

(73 posts)

33. The claims they were making are just not believable

Thu Jul 11, 2019, 10:00 PM

Jul 2019

The public would have ante'd up $48,000 per job. The public should ante up $0.

The people involved with the deal claimed it would be a 9:1 ratio in gain:loss for the public. I find that humorous but in a sad way.
Why? Because it's just not believable.

These deals are always sold as being spectacular and they NEVER work out that way. Corporate PR and corporate negotiators are very smart and they are very slick. And they have a real strong inclination to lie through their teeth.

Again, look at Foxconn in Wisconsin. Do you think that deal is going to end up being as great as it was sold to the public?

https://www.bloomberg.com/news/features/2019-02-06/inside-wisconsin-s-disastrous-4-5-billion-deal-with-foxconn

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Highlight:

AOC Tweet on Amazon. [View all] Autumn Jul 2019 OP

right again. She's a natural. Kurt V. Jul 2019 #1

Chasing away jobs is never a good look for a politician. comradebillyboy Jul 2019 #2

"Amazon accelerates NYC expansions" John Fante Jul 2019 #4

Who Needs Amazon HQ2? Not New York Real Estate's Tech Boom Autumn Jul 2019 #5

"I will never believe that the American taxpayer should subsidize any companies expansion." Perseus Jul 2019 #6

If a corporation can't afford to expand on their own dime they shouldn't expand. Autumn Jul 2019 #14

forgive me, i am always the "both sides" thinker questionseverything Jul 2019 #35

If it benefits people, as hospitals do or if it's a grant for research to develop more Autumn Jul 2019 #45

we are in agreement questionseverything Jul 2019 #48

Way past DENVERPOPS Jul 2019 #58

She didn't, that's the point infinite_wisdom Jul 2019 #7

Using the government to create winners and losers bucolic_frolic Jul 2019 #8

That has always been the conservative argument infinite_wisdom Jul 2019 #10

the magic marketplace shanny Jul 2019 #29

She called their bluff and they caved. nt Xipe Totec Jul 2019 #9

What's happening isn't what was planned. Igel Jul 2019 #18

I missed your point. Please explain. nt Xipe Totec Jul 2019 #49

Amazon was playing the jobs angle, when they plan to fully automate that facility in 2 years. TheBlackAdder Jul 2019 #11

Re-framing a premise into something false is never a good look for a poster. LanternWaste Jul 2019 #59

here is the tweet text for our non twitter users Celerity Jul 2019 #3

Where is Amazon locating? Just curious.. pangaia Jul 2019 #15

Manhattan for part of it, is what I saw Celerity Jul 2019 #17

Lots of people owe her an apology Lordquinton Jul 2019 #12

+1000 LiberalLovinLug Jul 2019 #60

I don't care what anyone says about her; AOC is still smarter than 99% of the men in DC and... JoeOtterbein Jul 2019 #13

And a large number of posters SixString Jul 2019 #20

Amen! shanny Jul 2019 #31

+1 CentralMass Jul 2019 #50

This is for new OFFICE space in Manhattan, and it's going to employ many thousands less... George II Jul 2019 #16

But it's "more jobs." Igel Jul 2019 #19

This expanded office space in Manhattan was already in the works, this isn't something new.... George II Jul 2019 #22

That's fine infinite_wisdom Jul 2019 #23

I suggest you look into what the "deal" was for Amazon from both New York State and City.... George II Jul 2019 #24

Do you mean that you feel Amazon should have been allowed to move into Queens? pangaia Jul 2019 #27

Yes. George II Jul 2019 #28

Thanks. It is difficult for me to follow everything, as you can imagine. pangaia Jul 2019 #32

Thanks appreciate that! Amazon establishing their HQ2 in Queens would have been a huge boon... George II Jul 2019 #34

Zero downside? infinite_wisdom Jul 2019 #37

Okay, what was the "downside"? George II Jul 2019 #41

"zero downside" melman Jul 2019 #38

Look at the deal, please!!! George II Jul 2019 #40

Why do you think I haven't? melman Jul 2019 #43

If you looked into the deal in NYC, you would know that it's nothing like the one in Seattle. Next? George II Jul 2019 #46

They were allowed to move into Queens infinite_wisdom Jul 2019 #36

Amazon was never handed "cap free cash". As I've said a number of times, READ the deal! George II Jul 2019 #52

Yes, they chose not to. That's what makes the "quietly came to NY" reference particularly odd. lapucelle Jul 2019 #56

So were Queens and Bronx residents. lapucelle Jul 2019 #51

The claims they were making are just not believable infinite_wisdom Jul 2019 #33

The Foxconn deal was nothing close to the Amazon deal. There were virtually zero tax exposure... George II Jul 2019 #39

If you believe that I have a bridge to sell you Lordquinton Jul 2019 #44

There are no bridges in NYC available for purchase. George II Jul 2019 #47

She is the heart and soul of Democratic Party, and some brains too AlexSFCA Jul 2019 #21

Let's not forget SCVDem Jul 2019 #25

Amazon's "subsidies" (which they weren't) were based on performance, completely different than.... George II Jul 2019 #30

Brilliant spanone Jul 2019 #26

Mixed blessings. TexasTowelie Jul 2019 #42

There weren't tax abatements, there were tax refunds based on performance. They would pay.... George II Jul 2019 #54

Maybe... Maybe not zaj Jul 2019 #53

Now this is some of that three dimensional chess I can get behind. jalan48 Jul 2019 #55

One Court Square eilen Jul 2019 #57

Kicked and recommended. Uncle Joe Jul 2019 #61

She knew and this speeaks poorly of Cuomo and DeBlasio. BeckyDem Jul 2019 #62