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Electile Dysfunction (Current students plz look!)
(02-15-2019, 01:23 PM)WRXtranceformed Wrote:
(02-15-2019, 01:22 PM)Ken Wrote:
(02-15-2019, 12:15 PM)WRXtranceformed Wrote: This was a massive blow for NYC no matter how you slice it.  It's not just about tax revenue or spending from the company and its employees itself, it's the secondary and tertiary economic effects of bringing that many high paying jobs to an area that they are going to massively miss.  From everything I read, the majority of NYC resident opinions were that Amazon was welcomed there.  This is definitely why you should have some kind of political and economic experience before you step up as a major political leader

lol - dude, you and I both know NYC isn't going to feel anything from this. 
You wrong though, and most economists worth their salt do not agree

"Some experts said that the study also did not consider the alternatives for the area where Amazon would put HQ2 and that recent studies had found that investing in existing local businesses could be more economically stimulative than wooing new corporations.

On top of that, the study did not account for the worker influx creating liabilities for the city, such as increased trash collection and education costs. Critics also pointed to other externalities they said would make HQ2 less attractive for New York City residents.
"
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