AOC’s “challenger” in New York

How narrowly are you defining the "community" there? I would be willing to bet that the people making $125K wouldn't live in a community making $53,000, on average. They would head into that community and leave at night to head to Manhattan, the gentrified areas of Brooklyn, or further out onto the Island.

Those projections almost never work out how they are promised. The issue is that both sides of the deal have an incentive to lie the same direction. For example, they often project increased tax revenue as if the alternative to a facility there is nothing. But that is rarely accurate and I'd argue that these subsidies lower new company formation and growth for those not able to demand subsidies. Thus, it results in a raising of the costs to other companies.

Will it? Here is one of the building that they were planning to use:

Healthcare Company In Talks To Fill Half Of Amazon-Sized Hole In Long Island City

Office space in New York is highly in demand. So in demand that Amazon recently bought huge amounts of it in New York City without a subsidy.

Amazon to buy Lord & Taylor’s former NYC building for $1.5B

 

why was aoc such a heavy player in the decision making? Wouldn’t that be more on local/state politicians?

 

She was because she made strong enough arguments against it that local people pressured the local politicians that it was a bad move.

 

Rent controls are a horrible idea, and you don't really have to look much further than New York to see why. Expanding that program would be a very substantial cost on the city.

Jobs are not fungible. If you have a community of people in New York making $53k per year on average, they are likely not qualified to work some $125k corporate job.

 

1. I hate rent controls as well, especially when they become generational. Here, something short term may have been helpful as an interim step while the submarket improves. Maybe it wouldn’t. But the larger point was that AOC never even tried to do anything other than get Twitter clicks.

2. I know you can’t make a bus driver a coder overnight. But with some retraining funds as part of the overall subsidy there may have been an opportunity for folks to develop more expansive skills and be qualified for Amazon jobs. Or for their kids who leave for college to move back home and have a job in LIC vs having to move into the City, or Boston, or DC, or Atlanta, etc. Now, we’ll never know.

 

I mean, you can't run an experiment here. The money would have had to go out regardless of how successful "trying" was. And the issue in New York is that you can't exactly just add thousands of housing units in the medium-term beyond what they are already planning to add. It is quite dense already.

That wasn't part of the subsidy (because Amazon doesn't need re-trained bus drivers to find executives in NYC). So now we are increasing the subsidy even more with the hope that they will hire the re-trained bus driver rather than the experienced and degreed executives that currently reside in NYC and are looking to move up 1 level or move to a more stable company at the same level.

You are correct in that now we'll never know how successful that deal would be. But, instead, Amazon is buying up office space in the city (they wanted it there regardless of the subsidy, they just preferred the subsidy to a lack of subsidy) and now other businesses have some room to grow without having to pay for Amazon's growth themselves.

 

not a big bernie fan, but at least he is not a johnny-come-lately politician, we know for years where he stood.AOC is a attention seeking hack playing on the fears of her district

 

so you don’t think she really stands for what she says she stands for?

 

i think she, like most politicians, stands for which way the wind is blowing on a certain day, no more,no less.

 

Meh, Seems like your average Rangers fan.

 

Agree with you on MTG and Boebert (I would throw in a few more Pubs in that group)....AOC belongs in that same drawer of dull knives, but has the advantage of a sycophantic press that goes out of their way to legitimize her stupidity with the potential of far more pernicious effects on our country

 

This is a thread about AOC’s challenger. It makes sense that people would also discuss AOC.

 

No, this is what AOC and Bernie Sanders profess to be. In that you aren't aware of this shows your inexperience or your belief in socialism/communism.

First reading assignment: Read up on Bernie Sanders
Second reading assignment: Read up on AOC
Third reading assignment: Read up on Justice Democrats
Fourth reading assignment: Read up on Green New Deal and its origin

I'm MAGA and proud of it, Make America Great Again. I'm opposed to socialism, communism, and globalism.

AOC is a socialist communist and Bernie Sanders is a communist. Why Vermont keeps sending Sanders to congress is a mystery to me. Why New York keeps sending AOC with her leanings and after her participation in the Amazon disaster is equally a mystery to me. Hopefully, the republican New Yorker will put AOC out to pasture at this young age where she belongs.

 

lesser of 2 evils,who knows?

 

Not a fan of AOC and I disagree with her on a number of issues but she does seem to trigger the pro-Trump right like no other Democrat. Other than Biden, she is probably mentioned on this board more than any other Democratic politician and by the right much more so than the left. Somewhat amazing for a second term member of the House of Representatives.

 

That makes 2 then….

 

Other than the vileness, inaccuracy, and lack of substance, this was a great post.

 

Are you sure the carpet matches the drapes?

 

I’m starting to feel some blockage.

 

When I was in college many of my high school friends who weren’t in school went to work for UPS. Several of them said that exact same thing. Some of them left. The ones that decided to stay and work hard made a good life from it. The ones that were smart enough to hold their stock until it went public got rich.

If it was easy, they wouldn’t call it a job.