> 3 billion for 25,000 jobs is $120,000 per job. Most of the “subsidies” are scams on the taxpayer. <
That’s a truth that’s getting lost in all this. OAC is a remarkably stupid woman. But (ugh), I think she has a point here.
Anyone who disagrees, please consider this. Why should the government be subsidizing any private business? And what about those companies in competition with Amazon who aren’t getting subsidies? Why should they be unfairly disadvantaged?
You have a point, but your point is not Rep. Ocasio-Cortez’s point. Her point is that profit-making is bad.
3b in subsidies, certainly on the back of the tax payers. 25,000 100k jobs is an influx of $2.5 billion into the community....every year.
While I am not a fan of govt subsidy to private business, it happens all the time. Just about every sports stadium, etc. and most business expect some level of tax benefits when moving to a new area.
AOC doesn’t like it because she know most of her constituents are not capable of filling these jobs and the workers will be imported from other areas and the racial make-up would also not be to her liking.
You are correct. Government should never favor one citizen over another.
This is not part of Cortex's calculus however. She believes business is evil and bigger business is a bigger evil. Corporate greed. Worker oppression. All that horsesh*t.
All these tax breaks are just part of state's recruiting new, major business investment. One of the first large incentive packages that was severely criticized was offered by former Governor Jim Folsom of Alabama, to Mercedes-Benz.
Folsom succeeded in luring the MB plant to Alabama and that has had one of the greatest returns ever as the plant has expanded several times since.
Part of the game now.
Never fear...very soon there won't be any more companies left. Who can compete?
In my area, almost all the small jewelry shops, dress shops, gift shops, etc. are gone. Chains are about all that's left now...even for dinner out....the former multitudes of family-owned and operated restaurants are virtually all gone.
......and even many major retail chains are in trouble now....Sears, JCPenney's, etc.
....and I live in a prosperous, bustling, small-towns-type area.
Folks are doing shopping from home, loathe to go out any more, even for dinner or theaters at night.
Why should folks "go shopping" any more....an afternoon or evening at home is more delicious than going shopping in deserted downtowns or at half-empty malls.
Home movies, meals delivered to home, music systems mellowing the ears, computer games, TV sports....why go outside anywhere for anything today!
Just order anything in from Amazon.....and good "stuff" is delivered promptly. Front-door stoops are now the new malls of the masses....and Amazon is the retail Czar to fill your every need.
(...semi-sarcasm....I think.....)
Leni