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Getbig Main Boards => Gossip & Opinions => Topic started by: Coach is Back! on February 14, 2019, 09:11:10 AM
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https://www.foxbusiness.com/business-leaders/amazon-pulls-out-of-nyc-headquarter
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https://www.foxbusiness.com/business-leaders/amazon-pulls-out-of-nyc-headquarter
I was going to say it’s only a matter of time before the good people of nyc realize they’re being duped by aoc but they are being told that even if they are unwilling to work they will get paid 😂
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Happy Valentines Day, Coach!
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AOC got her wish.
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Good for Amazon.
F*ck NYC/NY.
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werent they mainly box filling jobs?
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werent they mainly box filling jobs?
A job is a job but apparently, these jobs averaged $150k yr
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werent they mainly box filling jobs?
White collar mainly. High paying.
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NYC landlords and real estate owners are crying right now. :'(
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NYC landlords and real estate owners are crying right now. :'(
So true.
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I told someone last week that Amazon should tell NYC to get lost.
They did.
Cuomo and Blais-jerk really blew it.
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https://www.foxbusiness.com/business-leaders/amazon-pulls-out-of-nyc-headquarter
What I don't understand...especially after reading yours' and others' posts in the property tax thread last night, is why Amazon is even bothering with these "trendy" massive cities? The argument that the talent pool is higher there is shit. People need jobs whether they're high-paying or average. People from those areas will move to wherever the fuck Amazon decides to build. Amazon would save a shitload of money on operational and property costs while still offering the $150K they were planning for these high paying jobs for NYers in some currently rural area.
People would be applying left and right. In fact, more people would apply, because there are a ton of techies in the Silicon Prairie that would never consider moving to a place like NY. People from NY applying, might dislike the idea of moving to the midwest, but once they got there and realized that $150K/yr salary could buy a mini-mansion vs. an average apartment/home as well as it "spending better"; they'd be quite happy.
When Amazon's deal with USPS was announced years ago on top of contracts with all the other couriers, I told my dad who was in distribution; "just wait, in the near future Amazon will move toward eliminating them all by being their own logistics provider". It's been in motion for at least 3 years now. They have their own planes, trucks, delivery vehicles and vans, and now added a ton of delivery drivers. They massed mailed post cards for delivery driver positions last year in different parts of the midwest.
My prediction now is that Amazon will buy up enormous amounts of land in a somewhat remote area of Cali(only because of seaports), Nevada, the midwest, texas, great lakes area, and Florida. Then, someday in the next 10-15 yrs, they will build all their own airports while building huge warehouse/fulfillment/distribution centers near them, and then close all the others. They'll sell all all the land/buildings they currently own at a profit, save a ton on property and corporate taxes, and also increased profits from lower employee salaries vs. NY, over-populated parts of Cali, and WA. Book it!
If GB, and any of us are around you can quote this then, and I'll either look like mytradamus, or a mytdumass.
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Good for Amazon.
F*ck NYC/NY.
Progressive socialist radicals are their own worst enemy.
Some day...
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https://www.foxbusiness.com/business-leaders/amazon-pulls-out-of-nyc-headquarter
Good. Fuck New York and their socialist government. Fuck them to Hades.
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AOC got her wish.
THE Perfect Valentines Day for a politically conservative male:
Hot chick, who is a FWB; comes over with this outfit on with a card that's front is this pic in her mouth....
You open the card, and it says "I want you to take my pants off, and fuck me like I'm AOC until I pass out.....Happy Valentines Day!"
Happy Valentines Day indeed! ;D
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White collar mainly. High paying.
so AOC only wants high paying blue collar jobs? Suitable for people in the 80-90 IQ range...
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Good for Amazon.
F*ck NYC/NY.
2X
Amazon did the right thing.
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Progressive socialist radicals are their own worst enemy.
Some day...
It was actually the Bronx and Queens local pols, the true bottom of the political barrel. Manhattan had cable television like 15 years before Queens because of these low lives couldn’t figure out how to split up the fucking payoffs.
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A job is a job but apparently, these jobs averaged $150k yr
Yep, this was a corporate headquarters. These are the managers that make the big bucks and important decisions. NYC has a history of losing headquarters and they're continuing the streak.
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Yep, this was a corporate headquarters. These are the managers that make the big bucks and important decisions. NYC has a history of losing headquarters and they're continuing the streak.
But there are still lower paying jobs, maintenance staff, security, administrative.
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It's crazy that in libtard quarters this is cheered that they chased away 25,000 jobs. Once again, liberalism is a mental disorder.
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Well, at least now they won't lose all that tax money...
::)
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Trump is single handedly killing American jobs!
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Trump is single handedly killing American jobs!
And making rich people leave NY.
Oh he's bad.
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Trump is single handedly killing American jobs!
Dude, you say some of the dumbest things on here, I hope youre just trolling.
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Dude, you say some of the dumbest things on here, I hope youre just trolling.
He's playing at being stupid. However, he is a cucktard so his IQ is just above Genovan level. He thinks he's playing a game of "pull my finger" but reality is, he's sharting his manties up with every ignorant remark.
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Serious question:
If Amazon wants to help communities, why not move the headquarters to a down trodden state to try and drum up jobs?
NYC will clearly be fine without the Amazon headquarters. There are quite a few states that could probably benefit from the influx of jobs :::shrugs:::
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He's playing at being stupid. However, he is a cucktard so his IQ is just above Genovan level. He thinks he's playing a game of "pull my finger" but reality is, he's sharting his manties up with every ignorant remark.
:D
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Umm, just out of curiosity, isn't Amazon a huge job killer?
Isn't it the same company that puts many small-to-medium sized businesses out to pasture?
As per Trump:
"Trump has talked about changing Amazon’s tax treatment because he’s worried about mom-and-pop retailers being put out of business," reporter Jonathan Swan wrote a few days ago. "Trump's wealthy friends tell him Amazon is destroying their businesses. His real estate buddies tell him — and he agrees — that Amazon is killing shopping malls and brick-and-mortar retailers."
Further along in the article:
Indeed, while it's difficult to find good statistical evidence on the effect of Amazon and other online retailers on small companies, it is easy to see what devastation online shopping has brought to the large national chains. In the first eight months of 2017 alone, just over 6,400 retail chain stores closed their doors. In March, bankrupt Toys R Us began liquidating its 735 stores, and Mattress Firm announced it would close 175 stores, in addition to the 99 it has already closed so far this year.
-Source: https://www.forbes.com/sites/robbmandelbaum/2018/03/31/is-amazon-good-or-bad-for-small-business-yes/#596251784467 (https://www.forbes.com/sites/robbmandelbaum/2018/03/31/is-amazon-good-or-bad-for-small-business-yes/#596251784467)
Also, check out this interesting article: Amazon's growth could threaten these 10 industries
https://www.businessinsider.com/amazon-is-killing-these-7-companies-2017-7#grocery-stores-7 (https://www.businessinsider.com/amazon-is-killing-these-7-companies-2017-7#grocery-stores-7)
I think Amazon and companies like it can truly be devastating to small/medium sized businesses. I also think bigger chains have been taking a hit due to Amazon for many years. If you were to average the thousands of jobs the large chain stores that have closed or are closing (as mentioned in the article above - 6,400 retail chain stores), would that number largely exceed the proposed 25K jobs Amazon was projecting to have available in NYC? In other words, as a nation, is an entity like Amazon causing us more harm than good?
As consumers, we appreciate how convenient it makes it for us to shop by simply logging in, purchasing and receiving a package by the next day, but it certainly fucks up the old brick and mortar businesses.
"1"
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Serious question:
If Amazon wants to help communities, why not move the headquarters to a down trodden state to try and drum up jobs?
NYC will clearly be fine without the Amazon headquarters. There are quite a few states that could probably benefit from the influx of jobs :::shrugs:::
They opened a Amazon fulfillment center in near me , The biggest problem they had was finding people who could past the drug test. ;D
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Umm, just out of curiosity, isn't Amazon a huge job killer?
Isn't it the same company that puts many small-to-medium sized businesses out to pasture?
As per Trump:
"Trump has talked about changing Amazon’s tax treatment because he’s worried about mom-and-pop retailers being put out of business," reporter Jonathan Swan wrote a few days ago. "Trump's wealthy friends tell him Amazon is destroying their businesses. His real estate buddies tell him — and he agrees — that Amazon is killing shopping malls and brick-and-mortar retailers."
Further along in the article:
Indeed, while it's difficult to find good statistical evidence on the effect of Amazon and other online retailers on small companies, it is easy to see what devastation online shopping has brought to the large national chains. In the first eight months of 2017 alone, just over 6,400 retail chain stores closed their doors. In March, bankrupt Toys R Us began liquidating its 735 stores, and Mattress Firm announced it would close 175 stores, in addition to the 99 it has already closed so far this year.
-Source: https://www.forbes.com/sites/robbmandelbaum/2018/03/31/is-amazon-good-or-bad-for-small-business-yes/#596251784467 (https://www.forbes.com/sites/robbmandelbaum/2018/03/31/is-amazon-good-or-bad-for-small-business-yes/#596251784467)
Also, check out this interesting article: Amazon's growth could threaten these 10 industries
https://www.businessinsider.com/amazon-is-killing-these-7-companies-2017-7#grocery-stores-7 (https://www.businessinsider.com/amazon-is-killing-these-7-companies-2017-7#grocery-stores-7)
I think Amazon and companies like it can truly be devastating to small/medium sized businesses. I also think bigger chains have been taking a hit due to Amazon for many years. If you were to average the thousands of jobs the large chain stores that have closed or are closing (as mentioned in the article above - 6,400 retail chain stores), would that number largely exceed the proposed 25K jobs Amazon was projecting to have available in NYC? In other words, as a nation, is an entity like Amazon causing us more harm than good?
As consumers, we appreciate how convenient it makes it for us to shop by simply logging in, purchasing and receiving a package by the next day, but it certainly fucks up the old brick and mortar businesses.
"1"
As I previously said, the only two places to shop will be Walmart and Amazon. ??? ???
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They opened a Amazon fulfillment center in near me , The biggest problem they had was finding people who could past the drug test. ;D
Yeah, but this was a headquarters, apparently filled with higher end positions.
Either way, eventually Amazon and Walmart will be the only two ways to shop.
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Umm, just out of curiosity, isn't Amazon a huge job killer?
Isn't it the same company that puts many small-to-medium sized businesses out to pasture?
As per Trump:
"Trump has talked about changing Amazon’s tax treatment because he’s worried about mom-and-pop retailers being put out of business," reporter Jonathan Swan wrote a few days ago. "Trump's wealthy friends tell him Amazon is destroying their businesses. His real estate buddies tell him — and he agrees — that Amazon is killing shopping malls and brick-and-mortar retailers."
Further along in the article:
Indeed, while it's difficult to find good statistical evidence on the effect of Amazon and other online retailers on small companies, it is easy to see what devastation online shopping has brought to the large national chains. In the first eight months of 2017 alone, just over 6,400 retail chain stores closed their doors. In March, bankrupt Toys R Us began liquidating its 735 stores, and Mattress Firm announced it would close 175 stores, in addition to the 99 it has already closed so far this year.
-Source: https://www.forbes.com/sites/robbmandelbaum/2018/03/31/is-amazon-good-or-bad-for-small-business-yes/#596251784467 (https://www.forbes.com/sites/robbmandelbaum/2018/03/31/is-amazon-good-or-bad-for-small-business-yes/#596251784467)
Also, check out this interesting article: Amazon's growth could threaten these 10 industries
https://www.businessinsider.com/amazon-is-killing-these-7-companies-2017-7#grocery-stores-7 (https://www.businessinsider.com/amazon-is-killing-these-7-companies-2017-7#grocery-stores-7)
I think Amazon and companies like it can truly be devastating to small/medium sized businesses. I also think bigger chains have been taking a hit due to Amazon for many years. If you were to average the thousands of jobs the large chain stores that have closed or are closing (as mentioned in the article above - 6,400 retail chain stores), would that number largely exceed the proposed 25K jobs Amazon was projecting to have available in NYC? In other words, as a nation, is an entity like Amazon causing us more harm than good?
As consumers, we appreciate how convenient it makes it for us to shop by simply logging in, purchasing and receiving a package by the next day, but it certainly fucks up the old brick and mortar businesses.
"1"
This is the nature of how the world works. People’s habits change so we evolve to satisfy those changes. Jobs end and jobs are created it’s balanced, but you need to be able to evolve.
What’s the story here haven’t followed. Disgruntled communities over tax cuts to Amazon?
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He's playing at being stupid. However, he is a cucktard so his IQ is just above Genovan level. He thinks he's playing a game of "pull my finger" but reality is, he's sharting his manties up with every ignorant remark.
come up with some new/original insults or are you playing at being stupid
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This is the nature of how the world works. People’s habits change so we evolve to satisfy those changes. Jobs end and jobs are created it’s balanced, but you need to be able to evolve.
What’s the story here haven’t followed. Disgruntled communities over tax cuts to Amazon?
My concern is what happens to the displaced business owners and their employees? Will this merely serve to continue to increase our unemployment rates and further hurt our economy?
Jobs end and jobs are created is a simplified view though, isn't it? Consider the limited skill set and education that many of these individuals/workers in retail have and then tell us where they will go once companies like Amazon force their employers out of business. Unless amazon can replace the jobs lost with an equal amount of new jobs and guarantee work for the displaced employees, I think they'll end up on the unemployment line seeking financial assistance, which comes directly from our taxes.
I think NYC maybe has seen the devastating effects amazon has had on other cities and doesn't want to join in on the fun. In Jeff Bezos' world, he would love for people to be able to simply click away on their amazon app and never have to consider walking into an actual store to purchase good/services, but it's those same people that he wants money from that also need jobs in order to buy/use his companies products/services.
Put the average consumer out of work and you hurt the overall economy and ultimately yourself.
"1"
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My concern is what happens to the displaced business owners and their employees? Will this merely serve to continue to increase our unemployment rates and further hurt our economy?
Jobs end and jobs are created is a simplified view though, isn't it? Consider the limited skill set and education that many of these individuals/workers in retail have and then tell us where they will go once companies like Amazon force their employers out of business. Unless amazon can replace the jobs lost with an equal amount of new jobs and guarantee work for the displaced employees, I think they'll end up on the unemployment line seeking financial assistance, which comes directly from our taxes.
I think NYC maybe has seen the devastating effects amazon has had on other cities and doesn't want to join in on the fun. In Jeff Bezos' world, he would love for people to be able to simply click away on their amazon app and never have to consider walking into an actual store to purchase good/services, but it's those same people that he wants money from that also need jobs in order to buy/use his companies products/services.
Put the average consumer out of work and you hurt the overall economy and ultimately yourself.
"1"
This argument has been made throughout the ages and it never comes to fruition. By this logic, we never should have improved phone technology because it put switchboard operators out of work.
The answer is to have a dynamic economy and to allow progress to happen. Let dying industries get replaced by new ones. This way displaced workers have someplace to go.
This is the nature of how the world works. People’s habits change so we evolve to satisfy those changes. Jobs end and jobs are created it’s balanced, but you need to be able to evolve.
What’s the story here haven’t followed. Disgruntled communities over tax cuts to Amazon?
Probably not enough union jobs to satisfy the local politicians.
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My concern is what happens to the displaced business owners and their employees? Will this merely serve to continue to increase our unemployment rates and further hurt our economy?
Jobs end and jobs are created is a simplified view though, isn't it? Consider the limited skill set and education that many of these individuals/workers in retail have and then tell us where they will go once companies like Amazon force their employers out of business. Unless amazon can replace the jobs lost with an equal amount of new jobs and guarantee work for the displaced employees, I think they'll end up on the unemployment line seeking financial assistance, which comes directly from our taxes.
I think NYC maybe has seen the devastating effects amazon has had on other cities and doesn't want to join in on the fun. In Jeff Bezos' world, he would love for people to be able to simply click away on their amazon app and never have to consider walking into an actual store to purchase good/services, but it's those same people that he wants money from that also need jobs in order to buy/use his companies products/services.
Put the average consumer out of work and you hurt the overall economy and ultimately yourself.
"1"
You’re completely assuming people are stagnant and can’t evolve. Think about it this way. I can shop online and save a lot of time. I use that time to grow my technology company and continue to hire at a rapid rate. The technology we develop displaces a lot of admin type people but adds jobs for us and encourages these admin people to expand their education to do higher purpose type work.
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I could also argue that there are products on Amazon that were never available to me. Now those company's are able to grow and add jobs.
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I could also argue that there are products on Amazon that were never available to me. Now those company's are able to grow and add jobs.
I wonder how Caliber Fitness Solutions The Leader in Human Evolution Since 2001, could create jobs continuing into 2019.
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I wonder how Caliber Fitness Solutions The Leader in Human Evolution Since 2001, could create jobs continuing into 2019.
You can’t know what the new industries will be. As the late great Yogi Berra once said “Predictions are hard especially about the future.” However what you can do is maintain a climate of minimal government intervention, low taxation and regulation, where great entrepreneurs like Vince can flourish.👍
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Now Sears can open a new store on that spot.
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You can’t know what the new industries will be. As the late great Yogi Berra once said “Predictions are hard especially about the future.” However what you can do is maintain a climate of minimal government intervention, low taxation and regulation, where great entrepreneurs like Vince can flourish.👍
I've been submitting my CV for Caliber Fitness Solutions The Leader in Human Evolution Since 2001, however, I have not heard a response.
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Trump is single handedly killing American jobs!
Fuck you commie. How so numbnuts? Can you type a viable response that makes sense. He has created 5 million jobs under his watch. Lowest unemployment rate in decades. Hell even the blacks and hispanics are finding work. Thus, what is your problem.
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Methinks HTexan was being sarcastic with his post.
Am I wrong, HTexan?
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Fuck you commie. How so numbnuts? Can you type a viable response that makes sense. He has created 5 million jobs under his watch. Lowest unemployment rate in decades. Hell even the blacks and hispanics are finding work. Thus, what is your problem.
Commie response will be either ''thanks Obama'' or ''racist''
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My concern is what happens to the displaced business owners and their employees? Will this merely serve to continue to increase our unemployment rates and further hurt our economy?
Jobs end and jobs are created is a simplified view though, isn't it? Consider the limited skill set and education that many of these individuals/workers in retail have and then tell us where they will go once companies like Amazon force their employers out of business. Unless amazon can replace the jobs lost with an equal amount of new jobs and guarantee work for the displaced employees, I think they'll end up on the unemployment line seeking financial assistance, which comes directly from our taxes.
I think NYC maybe has seen the devastating effects amazon has had on other cities and doesn't want to join in on the fun. In Jeff Bezos' world, he would love for people to be able to simply click away on their amazon app and never have to consider walking into an actual store to purchase good/services, but it's those same people that he wants money from that also need jobs in order to buy/use his companies products/services.
Put the average consumer out of work and you hurt the overall economy and ultimately yourself.
"1"
Having gone to school for logistics and supply chain management, I'm really torn on this. On the one hand both Amazon, and Walmart are so ahead of everyone else and constantly coming up with new innovations in those areas that from a person's stand point that is interested in those things you can't help but be blown over by what they've achieved. To me it's very interesting to learn about.
On the other hand, there's the things you've mentioned, and my belief which is what SF1900 stated in this thread which is Walmart and Amazon will someday be the only two places to shop. That won't be how it literally turns out, but damn near it. As I mentioned in the property tax thread, I predicted long ago that Amazon would become their own logistics provider to some extent(they have) and eventually completely(they will). I am very much of the thought that they will eventually build their own airports, and build their warehouse/distribution/fulfillment centers on or near the land with the airports, and sell off everything else to become more centralized. My prediction is in 10-15 yrs.
We had a very large, modern, and nicely laid out open air mall here open up around 10 years ago. Out of the 8-10 well known larger retailers opened with the mall itself, that in a traditional shopping mall would be referred to as "anchor stores" only best buy and tj maxx are left....and tj maxx is probably ready to pack it in as their lot never has more than 20 cars except over the winter holiday madness sales. All told, there's probably 180,000 to 220,000 square ft of available retail space there right now.
Amazon did hire a ton of drivers, and call workers here over the last 12-18months, and our unemployment is below the national avg always.
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I saw on the news their warehouses are all automated. The shelves and stock move through the warehouses by computers, the massive warehouses looked basically empty of people.
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Serious question:
If Amazon wants to help communities, why not move the headquarters to a down trodden state to try and drum up jobs?
NYC will clearly be fine without the Amazon headquarters. There are quite a few states that could probably benefit from the influx of jobs :::shrugs:::
Having the headquarters in New York was all about attracting the best and the brightest talent. Amazon hires mostly young people in their twenties and thirties and for some reason young people want to live in New York city.
It's the same reason Cadillac moved their headquarters to New York. The talent they wanted to attract didn't want to live in Detroit.
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One thing I have learned is that predictions rarely come to pass.
Amazon and WalMart are on top right now. Things change. New ideas happen.
Think of the railroads. They were the largest business in the country at one time.
Then came trucks.
The "next Amazon" and the "next WalMart" will happen.
Someone will again come up with something new.
Sears was unstoppable in its day but now is kaput. It will happen to Amazon and WalMart someday.
No business lasts forever.
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Screw Bezos...NY was going to pay 3 billion dollars to a Man who is worth 90 billion.
Let him pay for his own dam project.
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Interesting how people, leftists, seem to view a tax break as a subsidy. A tax break is someone not taking from you. A subsidy is someone giving to you. There’s a difference.
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Screw Bezos...NY was going to pay 3 billion dollars to a Man who is worth 90 billion.
Let him pay for his own dam project.
No, they weren't going to pay Amazon anything.
The $3 billion is money in the future that Amazon would not pay to NY.
The $3 billion doesn't exist. NY never had it to start with.
The only "loss" would result if NY could have gotten another business instead of Amazon who would be willing to pay the $3 billion.
Now NY will not get the 25,000 jobs and the resulting income taxes, sales taxes and real estate taxes from the employees who hold those jobs, spend their money in NY and own homes in NY.
The genius politicians don't have the IQ to understand it.
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https://www.foxbusiness.com/business-leaders/amazon-pulls-out-of-nyc-headquarter
It's not a deal when you have to pay Amazons tax obligations to the tune of 3 billion dollars.
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It's not a deal when you have to pay Amazons tax obligations to the tune of 3 billion dollars.
See above.
The taxes never existed and NY never had the money to begin with. You can't lose what you never had.
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By Chris Ciaccia | Fox News
Amazon blasts Ocasio-Cortez, says 'we don't want to work in this environment in the long term'
The fallout from Amazon's decision to walk away from its planned headquarters in New York is ratcheting up after a company spokesman publicly blasted Congresswoman Alexandria Ocasio-Cortez and other lawmakers, saying they had made it a hostile environment to do business.
"If you talk to Alexandria Ocasio-Cortez, it's 'Never Amazon,'" Jodi Seth, the head of policy communications for Amazon, told NBC News in an interview on Thursday. "If you talk to [New York City Councilman Jimmy] Van Bramer, it's unions."
Seth added that "it wasn't any one incident" that drove the Seattle-based tech giant to its decision, adding that the virulent political discourse that occurred over the past three months was what led to the decision. "It was that the environment over the course of the past three months had not got any better. There were some local and state elected officials who refused to meet with Amazon and criticized us day in and day out about the plan," she said in the interview.
COUMO SLAMS OCASIO-CORTEZ, OTHERS, AS AMAZON DITCHES NEW YORK
In a fiery statement on Thursday, Cuomo blamed the shocking decision on socialist democratic darling Ocasio-Cortez and others like her.
Cuomo:
"[A] small group [of] politicians put their own narrow political interests above their community – which poll after poll showed overwhelmingly supported bringing Amazon to Long Island City – the state's economic future and the best interests of the people of this state," Cuomo said publicly. "The New York State Senate has done tremendous damage. They should be held accountable for this lost economic opportunity."
Alexandria Ocasio-Cortez
@AOC
Anything is possible: today was the day a group of dedicated, everyday New Yorkers & their neighbors defeated Amazon’s corporate greed, its worker exploitation, and the power of the richest man in the world.
https://www.foxnews.com/tech/amazon-blasts-ocasio-cortez-says-we-dont-want-to-work-in-this-environment-in-the-long-term (https://www.foxnews.com/tech/amazon-blasts-ocasio-cortez-says-we-dont-want-to-work-in-this-environment-in-the-long-term)
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(https://media2.giphy.com/media/wOJi7X05rK2EFHmL5L/giphy.gif)
New Yorkers can finally learn to forage!
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I'm really baffled by NYers lack of ability to see the big picture or understand how "giving up" something can actually get them a lot more? According to AOC NY contains the brightest and most talented people in the nation.
Some of the most common sayings I've heard in my life are :
-Sometimes you've got to give a little to get a little
-You get back what you put out
-Give freely to others, because it will always come back to you
-Do unto others as you would have them do to you
All of these sayings have been great reminders of how to live life, and they've turned out to be dead on almost every time I've practiced them.
The area I live is made up of a lot of smaller cities that are on the outskirts of the biggest city. For some reason though, when people in those cities talk about where they're from when asked, they always refer to the "big" city. It's stupid, because the "big" city has progressively gotten worse. All of the great stuff is happening in the cities/towns on the outskirts.
Prime example as it relates to this issue wit NY and Amazon. A small city (just over 17K est. 2017) here that had an old small business district that stretched 1/2 mile had become obsolete, and the neighboring town started attracting all of the new business/housing development. The newer town exploded and looks nothing like it did just 20 years ago. The older city had a shitload of undeveloped land, and farm land no longer being farmed. They gave an enormous tax break to a huge company to come there. Everyone (even the big city) got riled up about it, and said how stupid it was...the residents will suffer....the city will go broke. Within a year of that business being up and running very nice homes started being built.....oddly enough those homes popped up along the street(which used to be a gravel road) that lead directly to where you make a left turn into that company's gigantic employee parking lot.
Another few years go by, and the city does the same thing for another very large corporation. There's a number of upset people people again, but now people are pointing to what happened as a result from the first company. Deal gets done. More very nice homes are built...in fact multiple neighborhoods... were talking homes 2500-4000 sq feet avgerage. Fast forward to now, and that old business district that was abandoned was bulldozed. An entirely new business district is about 1/3 complete with a lake, high end condos, and a whole new multi level business complex (it was single level before) and the space is accounted for as or before it's being built. Old townhome apartments that were run down and rented for for around $650 by white trash with crap all over the property, have been renovated into luxury townhomes renting for over $1200 and the property is well-maintained and looks great. When the project is complete in 2-3 years it is going to look like entirely different place....it already does there's just a lot of steel still showing. The population has doubled since the 90's, the budget is balanced, new homes are still going up, parks have been updated, a huge recreation area with lake and paved walking trails was made, and the population will likely double again in 5 years.
So are tax breaks for corps worth it? From what I've seen with my own eyes, the answer is a HELL YEAH!
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By Chris Ciaccia | Fox News
Amazon blasts Ocasio-Cortez, says 'we don't want to work in this environment in the long term'
The fallout from Amazon's decision to walk away from its planned headquarters in New York is ratcheting up after a company spokesman publicly blasted Congresswoman Alexandria Ocasio-Cortez and other lawmakers, saying they had made it a hostile environment to do business.
"If you talk to Alexandria Ocasio-Cortez, it's 'Never Amazon,'" Jodi Seth, the head of policy communications for Amazon, told NBC News in an interview on Thursday. "If you talk to [New York City Councilman Jimmy] Van Bramer, it's unions."
Seth added that "it wasn't any one incident" that drove the Seattle-based tech giant to its decision, adding that the virulent political discourse that occurred over the past three months was what led to the decision. "It was that the environment over the course of the past three months had not got any better. There were some local and state elected officials who refused to meet with Amazon and criticized us day in and day out about the plan," she said in the interview.
COUMO SLAMS OCASIO-CORTEZ, OTHERS, AS AMAZON DITCHES NEW YORK
In a fiery statement on Thursday, Cuomo blamed the shocking decision on socialist democratic darling Ocasio-Cortez and others like her.
Cuomo:
"[A] small group [of] politicians put their own narrow political interests above their community – which poll after poll showed overwhelmingly supported bringing Amazon to Long Island City – the state's economic future and the best interests of the people of this state," Cuomo said publicly. "The New York State Senate has done tremendous damage. They should be held accountable for this lost economic opportunity."
Alexandria Ocasio-Cortez
@AOC
Anything is possible: today was the day a group of dedicated, everyday New Yorkers & their neighbors defeated Amazon’s corporate greed, its worker exploitation, and the power of the richest man in the world.
https://www.foxnews.com/tech/amazon-blasts-ocasio-cortez-says-we-dont-want-to-work-in-this-environment-in-the-long-term (https://www.foxnews.com/tech/amazon-blasts-ocasio-cortez-says-we-dont-want-to-work-in-this-environment-in-the-long-term)
It's interesting how I've seen a bunch of articles blaming Coumo, and now Coumo and NY officials are blaming AOC (while MSM is calling this her first victory) ???
The nations best and brightest (per AOC) seem very confused about each other, and their city.
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The excuse the Pols in that area, AOC, included gave is that the high-paying jobs would push up housing prices and increase gentrification. In other words, the neighborhood would get better and would attract people who might not vote for the current group of politicians. At the end of the day, it was really about the “greed” of the local politicians who were afraid for their futures.
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See above.
The taxes never existed and NY never had the money to begin with. You can't lose what you never had.
You're wasting your time trying to tell these guys the facts when AOC herself doesn't realize what just happened. These libs truly are clueless.
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The excuse the Pols in that area, AOC, included gave is that the high-paying jobs would push up housing prices and increase gentrification. In other words, the neighborhood would get better and would attract people who might not vote for the current group of politicians. At the end of the day, it was really about the “greed” of the local politicians who were afraid for their futures.
I knew this was behind it. The last thing that women needs is people with IQ's over 80 and well paying jobs moving into her district because they would see her for the fraud she is.
Is all New York city politics like this?
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I knew this was behind it. The last thing that women needs is people with IQ's over 80 and well paying jobs moving into her district because they would see her for the fraud she is.
Is all New York city politics like this?
I wouldn’t restrict it to New York City. Politics is a pretty scummy game all around. It’s exactly why the idea of taking more and more resources out of the private sector and putting into the hands of people like that is a prescription for disaster.
Here’s an example of a city that has been taken over by AOC’s “Constituents.”
https://en.wikipedia.org/wiki/Hartford,_Connecticut
The racial makeup of the city was 29.8% white, 38.7% African American or black, 0.6% Native American, 2.8% Asian, 0% Pacific Islander, 23.9% from other races, and 4.2% from two or more races. 43.4% of the population were Hispanic or Latino, chiefly of Puerto Rican origin.[68] Whites not of Latino backgroundwere 15.8% of the population in 2010,[69] down from 63.9% in 1970.[70]
Hartford is America’s 17th Most Dangerous City – Hartford Stats
http://hartfordstats.com/hartford-is-americas-17th-most-dangerous-city/
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I wouldn’t restrict it to New York City. Politics is a pretty scummy game all around. It’s exactly why the idea of taking more and more resources out of the private sector and putting into the hands of people like that is a prescription for disaster.
Here’s an example of a city that has been taken over by AOC’s “Constituents.”
https://en.wikipedia.org/wiki/Hartford,_Connecticut
The racial makeup of the city was 29.8% white, 38.7% African American or black, 0.6% Native American, 2.8% Asian, 0% Pacific Islander, 23.9% from other races, and 4.2% from two or more races. 43.4% of the population were Hispanic or Latino, chiefly of Puerto Rican origin.[68] Whites not of Latino backgroundwere 15.8% of the population in 2010,[69] down from 63.9% in 1970.[70]
Hartford is America’s 17th Most Dangerous City – Hartford Stats
http://hartfordstats.com/hartford-is-americas-17th-most-dangerous-city/
I can't envision a politician in any other city trying to drive out 25,000 jobs and seeing it as a victory when it happens. In the rest of the country gentrification isn't something that's discussed or fought over mainly because nobody wants to live in the ghetto. This issue seems more unique to New York because so many people want to live there and the rents are so high.
I understand your point about politics being scummy all around. I just think it's more scummy in the larger cities like New York and Chicago.
I live in the suburbs of a city with AOC type politicians, so I'm learning how it works.
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so AOC only wants high paying blue collar jobs? Suitable for people in the 80-90 IQ range...
The funny thing about this chart is the only country whose IQ increased is the one that was invaded and re-gained control by the U.S.
It only went up a point though. We're certainly sending our bravest, but.....
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The excuse the Pols in that area, AOC, included gave is that the high-paying jobs would push up housing prices and increase gentrification. In other words, the neighborhood would get better and would attract people who might not vote for the current group of politicians. At the end of the day, it was really about the “greed” of the local politicians who were afraid for their futures.
Heaven forbid.. :-\
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Heaven forbid.. :-\
Don't forget the democrats need a permanent underclass of voters so they can sell their victim mentality and stay in power.
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I can't envision a politician in any other city trying to drive out 25,000 jobs and seeing it as a victory when it happens. In the rest of the country gentrification isn't something that's discussed or fought over mainly because nobody wants to live in the ghetto. This issue seems more unique to New York because so many people want to live there and the rents are so high.
I understand your point about politics being scummy all around. I just think it's more scummy in the larger cities like New York and Chicago.
I live in the suburbs of a city with AOC type politicians, so I'm learning how it works.
You do scratch your head until you consider the mindset of a socialist. They see a company like Amazon strictly as an exploiter. They don’t consider the value a company like that provides to consumers. Same with Walmart. Who are Walmart customers? Generally lower income people who benefit greatly from the cheap products Walmart sells.
You’re right though. You probably wouldn’t see something of this magnitude happen in many other places. NYC can take the hit because it’s so big.
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Don't forget the democrats need a permanent underclass of voters so they can sell their victim mentality and stay in power.
Excellent post!
Democrats demand "equality" but only from those they envy. FTN.
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No, they weren't going to pay Amazon anything.
The $3 billion is money in the future that Amazon would not pay to NY.
The $3 billion doesn't exist. NY never had it to start with.
The only "loss" would result if NY could have gotten another business instead of Amazon who would be willing to pay the $3 billion.
Now NY will not get the 25,000 jobs and the resulting income taxes, sales taxes and real estate taxes from the employees who hold those jobs, spend their money in NY and own homes in NY.
Wrong dude....The 3 billion was public funds, NOT tax breaks....Through several different programs 3 billion dollars of public funds were going to be given to Amazon...
The genius politicians don't have the IQ to understand it.
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You're wasting your time trying to tell these guys the facts when AOC herself doesn't realize what just happened. These libs truly are clueless.
https://ny.curbed.com/2018/11/16/18098589/amazon-hq2-nyc-queens-long-island-city-explained
Amazon was going to receive 3 billion of public funds, Not including tax breaks......These were monies PAID to Amazon....Google it....
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Cortez: Democrat
NYC Congressional Delegation: Democrats
NY U.S. Senators: Democrats
NYC Mayor: Democrat
NY City Council: Democrats
NY Governor: Democrat
NY Legislature: Democrats
Billionaire owner of Amazon: Democrat
Just waiting for the usual gang on here to blame a Republican!!
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Serious question:
If Amazon wants to help communities, why not move the headquarters to a down trodden state to try and drum up jobs?
NYC will clearly be fine without the Amazon headquarters. There are quite a few states that could probably benefit from the influx of jobs :::shrugs:::
Because that's not the role of business nor is it what they are trying to do. It is to make a profit. Some consider that a bad thing. I consider it a good thing because it grows the economy and does help the community with jobs and an increased tax base.
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I was going to say it’s only a matter of time before the good people of nyc realize they’re being duped by aoc but they are being told that even if they are unwilling to work they will get paid 😂
Ironic that Leftist like Cuomo and de Blasio, were "out Lefted" by AOC and company.
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Umm, just out of curiosity, isn't Amazon a huge job killer?
Isn't it the same company that puts many small-to-medium sized businesses out to pasture?
As per Trump:
"Trump has talked about changing Amazon’s tax treatment because he’s worried about mom-and-pop retailers being put out of business," reporter Jonathan Swan wrote a few days ago. "Trump's wealthy friends tell him Amazon is destroying their businesses. His real estate buddies tell him — and he agrees — that Amazon is killing shopping malls and brick-and-mortar retailers."
Further along in the article:
Indeed, while it's difficult to find good statistical evidence on the effect of Amazon and other online retailers on small companies, it is easy to see what devastation online shopping has brought to the large national chains. In the first eight months of 2017 alone, just over 6,400 retail chain stores closed their doors. In March, bankrupt Toys R Us began liquidating its 735 stores, and Mattress Firm announced it would close 175 stores, in addition to the 99 it has already closed so far this year.
-Source: https://www.forbes.com/sites/robbmandelbaum/2018/03/31/is-amazon-good-or-bad-for-small-business-yes/#596251784467 (https://www.forbes.com/sites/robbmandelbaum/2018/03/31/is-amazon-good-or-bad-for-small-business-yes/#596251784467)
Also, check out this interesting article: Amazon's growth could threaten these 10 industries
https://www.businessinsider.com/amazon-is-killing-these-7-companies-2017-7#grocery-stores-7 (https://www.businessinsider.com/amazon-is-killing-these-7-companies-2017-7#grocery-stores-7)
I think Amazon and companies like it can truly be devastating to small/medium sized businesses. I also think bigger chains have been taking a hit due to Amazon for many years. If you were to average the thousands of jobs the large chain stores that have closed or are closing (as mentioned in the article above - 6,400 retail chain stores), would that number largely exceed the proposed 25K jobs Amazon was projecting to have available in NYC? In other words, as a nation, is an entity like Amazon causing us more harm than good?
As consumers, we appreciate how convenient it makes it for us to shop by simply logging in, purchasing and receiving a package by the next day, but it certainly fucks up the old brick and mortar businesses.
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No, it's a net gain. Amazon doesn't put anybody out of business per se. It's the customers that do. They say the same thing about Walmart. If the consumers wanted to keep the mom and poppers they would continue to shop there. They don't because they can get a better deal elsewhere. Get more for their money. The business lost to mom and pop is transferred over to the Amazon and Walmart. The money saved is also put back into the economy because people can now buy more creating even more jobs and growing the economy.
People like to use the expression like Amazon or Walmart controls X percentage of the market share. Well, if they raised their prices 20% across the board you will see just how much control they have over the market share and consumer's consumption. They react to the market forces driven by the consumers. Just like any other business.
And to be more precise, it's not just price, but the overall cost to the consumer which includes things like quality, service, convenience. There is a mom and pop store that is just a minute walk from my house which I just came from maybe fifteen minutes ago. Although their prices are higher than Safeway or CVS, they provide one thing to the neighborhood that those larger bigger stores can't offer to use here in the neighborhood -- and that's convenience. I don't want to get in my truck and drive into town just for a Snickers bar, Reese peanut butter cup, Hershey's chocolate bar (one with almonds and one without), and a Milky Way (I'm going through another one of the candy binges). This store, Tang's Market, wouldn't survive a week if they were in town next to the mall. Here, they open from 8:00 am to 11:00 pm and always seem to have customers. It's right on Kamehameha Hwy which is the only main road in my area leading up to the North Shore and a very easy stop for odds and ends including snacks, liquor, and shot drinks. They also are one of the few places left that still has a working public phone making it a convenient hang out for drug dealers who also speed a lot of money on snacks and beer.
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As I previously said, the only two places to shop will be Walmart and Amazon. ??? ???
If that is what the consumers want. The businesses that survive are the businesses that consumers choose to survive. They can pay lip service all they want but what really matters is where they spend their money. So people talk about how it's tragic that Sears and other stores are going out of business but then they go home, log on to their computer and take out their credit card.
These businesses have been failing and disappearing for the last fifteen years. If it was a net loss the retail business would be getting smaller and smaller every year. It's not. It keeps growing and growing. More stuff, both new and old, come into the market every year; and more stuff, both new and old, are bought and sold every year.
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My concern is what happens to the displaced business owners and their employees? Will this merely serve to continue to increase our unemployment rates and further hurt our economy?
Jobs end and jobs are created is a simplified view though, isn't it? Consider the limited skill set and education that many of these individuals/workers in retail have and then tell us where they will go once companies like Amazon force their employers out of business. Unless amazon can replace the jobs lost with an equal amount of new jobs and guarantee work for the displaced employees, I think they'll end up on the unemployment line seeking financial assistance, which comes directly from our taxes.
I think NYC maybe has seen the devastating effects amazon has had on other cities and doesn't want to join in on the fun. In Jeff Bezos' world, he would love for people to be able to simply click away on their amazon app and never have to consider walking into an actual store to purchase good/services, but it's those same people that he wants money from that also need jobs in order to buy/use his companies products/services.
Put the average consumer out of work and you hurt the overall economy and ultimately yourself.
"1"
Even at our most dismal worse, unemployment in the US is consistently one of the lowest in the world. What is the alternative? We do not evolve? We do not seek new, more innovative ways to run a society. Would it be better if we didn't have computers and have to get in our cars every day every time we need or want a book or a faucet filter? I have access to products that I just can't get here locally and have to order over the net. It's the old "cars are going to put the horse and buggy out of commission and they will be out of jobs. Cell phones are going to put land lines out of business. Electric cars may put gas engines out of business. Oil companies will collapse. Does that mean we shouldn't have a Safeway Supermarket so that the Tang family can still operate their store providing less service and products, at more expense, in a crappy practically third world setting, that's far less safe and sterile? And how do we enforce this? Do we make a law that you can't have a business greater than X size and can't sell a product for less than X price?
There's a reason New York offered such huge tax breaks to Amazon and why other States are tripping over themselves offering incentives to come to their State.
It's almost like if I went up to AOC as she worked at a Pizza place and told her that I want to order 30 pizzas and I have a coupon for $20 off volume purchase and she told me to buzz off with my greedy coupon and special treatment then bragged to her boss that she saved the company $20.
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You’re completely assuming people are stagnant and can’t evolve. Think about it this way. I can shop online and save a lot of time. I use that time to grow my technology company and continue to hire at a rapid rate. The technology we develop displaces a lot of admin type people but adds jobs for us and encourages these admin people to expand their education to do higher purpose type work.
This mindset is probably one of the reasons that you are so successful. Moving forward. Growing and improving. It also forces one to evolve as well. That switchboard operator or hand dishwasher has to learn a new skill and grow as a person as well.
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I could also argue that there are products on Amazon that were never available to me. Now those company's are able to grow and add jobs.
Move to the head of the market economics class.
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Having gone to school for logistics and supply chain management, I'm really torn on this. On the one hand both Amazon, and Walmart are so ahead of everyone else and constantly coming up with new innovations in those areas that from a person's stand point that is interested in those things you can't help but be blown over by what they've achieved. To me it's very interesting to learn about.
On the other hand, there's the things you've mentioned, and my belief which is what SF1900 stated in this thread which is Walmart and Amazon will someday be the only two places to shop. That won't be how it literally turns out, but damn near it. As I mentioned in the property tax thread, I predicted long ago that Amazon would become their own logistics provider to some extent(they have) and eventually completely(they will). I am very much of the thought that they will eventually build their own airports, and build their warehouse/distribution/fulfillment centers on or near the land with the airports, and sell off everything else to become more centralized. My prediction is in 10-15 yrs.
We had a very large, modern, and nicely laid out open air mall here open up around 10 years ago. Out of the 8-10 well known larger retailers opened with the mall itself, that in a traditional shopping mall would be referred to as "anchor stores" only best buy and tj maxx are left....and tj maxx is probably ready to pack it in as their lot never has more than 20 cars except over the winter holiday madness sales. All told, there's probably 180,000 to 220,000 square ft of available retail space there right now.
Amazon did hire a ton of drivers, and call workers here over the last 12-18months, and our unemployment is below the national avg always.
Amazon and Walmart will only do what it believes will increase it's value to the consumers. Whatever scenario you envision will be successful only if that is what the consumer wants. Whatever doesn't work will be quickly discarded. Foldable phones are on the horizon. No one is sure if it will take. If it does then soon all phones will be foldable. Will that be a bad thing? How can it be if that's what everbody wants? For Amazon to be the only online retailer left it would mean that everybody, or the vast majority, wants it to be because they don't go anywhere else.
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Screw Bezos...NY was going to pay 3 billion dollars to a Man who is worth 90 billion.
Let him pay for his own dam project.
That's what they said. So he just said goodbye and is going somewhere else where they are only too happy to give him what he wants. When conducting a transaction your prime concern is if you are getting a good deal. It's foolish to reject a deal because you don't want the other person to profit or profit too much.
Do you think New York is better off without a business like Amazon in their State? Maybe you have more faith in the economic expertise of the socialist AOC than the business and economic experts that realize the wealth Amazon would have brought to their State for decades to come.
Bezos will be just fine and continue to profit and grow with or without New York. Not sure the same can be said for New York. Don't forget, it was Bezos that rejected New York and not New York rejecting Bezos. He was already given the green light but didn't want to bother by all the nonsense when he can just as easily go elsewhere.
"The question is whether it’s worth it if the politicians in New York don’t want the project, especially with how people in Virginia and Nashville have been so welcoming," said one person familiar with the company’s plans, according to the Post.
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It's not a deal when you have to pay Amazons tax obligations to the tune of 3 billion dollars.
Vince, you have not been paying attention. I thought you were smarter than this. No one was paying Amazon anything. The deal was they were not going to take as much money as they already confiscated from other businesses in that State. The reason why States like Texas do so well is that they don't have as many barriers for business as States like New York have.
Please remember this one basic principle: The government cannot give or pay anybody anything simply because they have nothing to give or pay. What they "give" to one person or company they've taken away from another person or company.
It's a zero-sum game.
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You do scratch your head until you consider the mindset of a socialist. They see a company like Amazon strictly as an exploiter. They don’t consider the value a company like that provides to consumers. Same with Walmart. Who are Walmart customers? Generally lower income people who benefit greatly from the cheap products Walmart sells.
You’re right though. You probably wouldn’t see something of this magnitude happen in many other places. NYC can take the hit because it’s so big.
The Southern Governors play to win when it comes to attracting companies and getting jobs. New York politicians look like armatures in comparison.
Every state's in a competition to attract companies and jobs.
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https://ny.curbed.com/2018/11/16/18098589/amazon-hq2-nyc-queens-long-island-city-explained
Amazon was going to receive 3 billion of public funds, Not including tax breaks......These were monies PAID to Amazon....Google it....
Nope, that is not true. It was not 3 billion of public funds being paid to Amazon. It was 3 billion in SUBSIDIES. Big difference. A subsidy is a benefit given to an individual, business or institution, usually by the government. ... The subsidy is typically given to remove some type of burden, and it is often considered to be in the overall interest of the public, given to promote a social good or an economic policy.
So specifically a subsidy is a reduction in the price of goods and services to the business. So again, it's the government taking less than they what they usually take from others. They are not giving or paying anything.
As stated in the article in the link you posted: But perhaps the biggest bugbear for critics is the nearly $3 billion in subsidies being offered to Amazon, which surely has enough money to build an office without any public dollars.
When they talk about public dollars they are referring to the money they would have gotten if Amazon paid "full price" as it were. Just like when I was given a 25% discount at the Vitamin Shopped provided I bought at least $100 dollars worth of merchandise. So yes, Vitamin Shoppe is not getting that 25% that they would be getting if they didn't offer me that incentive. But they feel that they will still make a profit by providing me an incentive to buy that much in merchandise -- which I did. So though they didn't get that $25 dollar they still got a profit that they would not have gotten if I didn't have that incentive. Vitamin Shopped paid me nothing.
According to the link to the article you posted: According to the state, Amazon will generate $27.5 billion in state and city revenue over 25 years, a 9:1 ratio of revenue to subsidies—an arrangement Cuomo called “the highest rate of return for an economic incentive program the state has ever offered.”
But be that as it may, Amazon rejected New York and will go elsewhere and enrich another State instead. Amazon lost nothing. New York lost a potential $27.5 billion dollars.
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Nope, that is not true. It was not 3 billion of public funds being paid to Amazon. It was 3 billion in SUBSIDIES. Big difference. A subsidy is a benefit given to an individual, business or institution, usually by the government. ... The subsidy is typically given to remove some type of burden, and it is often considered to be in the overall interest of the public, given to promote a social good or an economic policy.
So specifically a subsidy is a reduction in the price of goods and services to the business. So again, it's the government taking less than they what they usually take from others. They are not giving or paying anything.
As stated in the article in the link you posted: But perhaps the biggest bugbear for critics is the nearly $3 billion in subsidies being offered to Amazon, which surely has enough money to build an office without any public dollars.
When they talk about public dollars they are referring to the money they would have gotten if Amazon paid "full price" as it were. Just like when I was given a 25% discount at the Vitamin Shopped provided I bought at least $100 dollars worth of merchandise. So yes, Vitamin Shoppe is not getting that 25% that they would be getting if they didn't offer me that incentive. But they feel that they will still make a profit by providing me an incentive to buy that much in merchandise -- which I did. So though they didn't get that $25 dollar they still got a profit that they would not have gotten if I didn't have that incentive. Vitamin Shopped paid me nothing.
According to the link to the article you posted: According to the state, Amazon will generate $27.5 billion in state and city revenue over 25 years, a 9:1 ratio of revenue to subsidies—an arrangement Cuomo called “the highest rate of return for an economic incentive program the state has ever offered.”
But be that as it may, Amazon rejected New York and will go elsewhere and enrich another State instead. Amazon lost nothing. New York lost a potential $27.5 billion dollars.
Thank you pellius for explaining this to these liberal retards. I thought Alexandria Ocasio-Cortez was the only brain dead moron who didn't understand how much money she just cost her city and state but it's obvious those on the left share her stupidity. These people have no idea how business, tax revenue or economies work and AOC has a economics degree. ::)
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The NY Post said this was the break down. "The state enticed Amazon with $1.525 billion in tax credits and construction grants, while the city is giving $1.28 billion in tax breaks, officials said." "Between 325 Million handed out if it meets certain hiring deadlines."
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The Southern Governors play to win when it comes to attracting companies and getting jobs. New York politicians look like armatures in comparison.
Every state's in a competition to attract companies and jobs.
They’re basically arrogant. They think that the NY market is so good that businesses will take any kind of ass raping to stay in it. It’s the same with CA.
The reason they had to give out the subsidies in the first place is because the tax rates are so punishing that it discourages most businesses from setting up shop here.
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If that is what the consumers want. The businesses that survive are the businesses that consumers choose to survive. They can pay lip service all they want but what really matters is where they spend their money. So people talk about how it's tragic that Sears and other stores are going out of business but then they go home, log on to their computer and take out their credit card.
These businesses have been failing and disappearing for the last fifteen years. If it was a net loss the retail business would be getting smaller and smaller every year. It's not. It keeps growing and growing. More stuff, both new and old, come into the market every year; and more stuff, both new and old, are bought and sold every year.
Yeah, but brick and mortar stores could no way survive against Amazon. The only way they would survive is to be exclusively online.
No one wants to go out of their house to shop anymore. These stores have ZERO chance of surviving. As stated, the only way for them to survive is to become an online giant like Amazon, but how feasible is that for every company? Either way, they would have to close down their stores and lay off employees.
At this rate, there is no sense of even opening a business unless its online.
Some recent stores that have filed for bankruptcy in 2018:
Brookstone
Gymboree
Payless
David's Bridal
Sears
Mattress Firm
Ninewest
Claires
Rockport
Bon Ton
and more.
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Good for New York.
As a long time amazon employee and Seattle resident... I don't think most of you would be singing the same tune if you had to work for or live around an Amazon HQ.
Settle for one week paid shipping and drop the stockholm syndrome, friends.
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Jeez..Did anybody read the link? Amazon was going to receive 3 billion in PUBLIC FUNDS...NOT including tax breaks...
That's $48,000 per job created...
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Vince, you have not been paying attention. I thought you were smarter than this. No one was paying Amazon anything. The deal was they were not going to take as much money as they already confiscated from other businesses in that State. The reason why States like Texas do so well is that they don't have as many barriers for business as States like New York have.
Please remember this one basic principle: The government cannot give or pay anybody anything simply because they have nothing to give or pay. What they "give" to one person or company they've taken away from another person or company.
It's a zero-sum game.
I am smarter than this. Amazon was planning to move there to simply avoid paying taxes. In addition, people were upset that New York was offering 3 billion dollars in incentives. Now granted Amazon was going to provide school funding and job training but the argument that Amazon was going to generate 27 billion in tax revenue over 10 years is bullshit. That's because every company knows how to exploit the tax code to pay as little as possible and with Trump's new tax code, its even easier. Netflix made 845 million dollars in profit and because of the new tax laws, they didn't pay a dime and in fact extracted a 22 million dollar return on their taxes. Amazon also didn't do any favors in offers facial recognition software to immigrant agents.
Pellius, Amazon is a bully. They pretty much ruined a number of small businesses including myself although I'm now using it somewhat to my advantage. New York was never going to get anything truly from the deal and the job pay guarantee did not match up with what actual Amazon employees made and work..the majority of them working seasonally. It was all smoke and mirrors.
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Amazon was to get 897 million from the REAP program.
386 million from the Industrial and Commercial Abatement Program.
505 million from a capitol grant.
1.3 billion from Excelsior Grants, part of that is tax credits.
These are described in the media as PUBLIC FUNDS..Not tax breaks.
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Yeah, but brick and mortar stores could no way survive against Amazon. The only way they would survive is to be exclusively online.
No one wants to go out of their house to shop anymore. These stores have ZERO chance of surviving. As stated, the only way for them to survive is to become an online giant like Amazon, but how feasible is that for every company? Either way, they would have to close down their stores and lay off employees.
At this rate, there is no sense of even opening a business unless its online.
Some recent stores that have filed for bankruptcy in 2018:
Brookstone
Gymboree
Payless
David's Bridal
Sears
Mattress Firm
Ninewest
Claires
Rockport
Bon Ton
and more.
Sears had the Sears Catalogue but they didn’t adapt it to the new online environment. You either adapt or die.
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I am smarter than this. Amazon was planning to move there to simply avoid paying taxes. In addition, people were upset that New York was offering 3 billion dollars in incentives. Now granted Amazon was going to provide school funding and job training but the argument that Amazon was going to generate 27 billion in tax revenue over 10 years is bullshit. That's because every company knows how to exploit the tax code to pay as little as possible and with Trump's new tax code, its even easier. Netflix made 845 million dollars in profit and because of the new tax laws, they didn't pay a dime and in fact extracted a 22 million dollar return on their taxes. Amazon also didn't do any favors in offers facial recognition software to immigrant agents.
Pellius, Amazon is a bully. They pretty much ruined a number of small businesses including myself although I'm now using it somewhat to my advantage. New York was never going to get anything truly from the deal and the job pay guarantee did not match up with what actual Amazon employees made and work..the majority of them working seasonally. It was all smoke and mirrors.
Amazon would have hired 40,000 workers within 25 years and N.Y. would have reaped around $25 billion in tax revenue, and created thousands of new lower paying jobs, and up. Imagine the opportunity for entrepreneurs starting restaurants, coffee shops, cleaners, Uber, in addition to all the jobs to build and maintain the new building. This was a fantastic opportunity for new jobs.
Good or bad return on a $3 billion enticement?
You’re in the minority when it comes to this decision. Most of the people of NY wanted but instead let the politicians and a bartender with the IQ of a tree stump get their way
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Sears had the Sears Catalogue but they didn’t adapt it to the new online environment. You either adapt or die.
Well, that what sort of my point. If they adapted and went exclusively online, they would still have to shut down their stores, since everyone is switching to online shopping anyway. How would their stores survive if people go to their website? I am not saying you're wrong, I just don't understand how the actual stores would stay afloat, even if they adapted to the online world. Unless online merchandising pulled in so much money, it could help the stores stay open.
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Amazon would have hired 40,000 workers within 25 years and N.Y. would have reaped around $25 billion in tax revenue, and created thousands of new lower paying jobs, and up. Imagine the opportunity for entrepreneurs starting restaurants, coffee shops, cleaners, Uber, in addition to all the jobs to build and maintain the new building. This was a fantastic opportunity for new jobs.
Good or bad return on a $3 billion enticement?
You’re in the minority when it comes to this decision. Most of the people of NY wanted but instead let the politicians and a bartender with the IQ of a tree stump get their way
Excuse me, Coach, but have you built an online empire the likes of Caliber Fitness Solution The Leader in Human Evolution Since 2001?
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Excuse me, Coach, but have you built an online empire the likes of Caliber Fitness Solution The Leader in Human Evolution Since 2001?
What does that have to do with this?
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What does that have to do with this?
Vince is a business and economic mogul and gave his opinion on business and economics, which is likely the truth, given his success of numerous business/economic ventures.
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Well, that what sort of my point. If they adapted and went exclusively online, they would still have to shut down their stores, since everyone is switching to online shopping anyway. How would their stores survive if people go to their website? I am not saying you're wrong, I just don't understand how the actual stores would stay afloat, even if they adapted to the online world. Unless online merchandising pulled in so much money, it could help the stores stay open.
Who says there is an answer to save the stores? What was the answer for Blockbuster video? Find a new line of work that’s what.
There’s no guarantee in life that what you’re doing to make money is going to be viable going forward. Might as well accept it.
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Who says there is an answer to save the stores? What was the answer for Blockbuster video? Find a new line of work that’s what.
There’s no guarantee in life that what you’re doing to make money is going to be viable going forward. Might as well accept it.
So, basically, in the face of online shopping, these brick and mortar stores are screwed, unless they delve heavily into online ventures to save their company. A
I am accepting of it. I am not in such a field, so it does not affect my occupation in the least. I was more curious than anything.
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So, basically, in the face of online shopping, these brick and mortar stores are screwed, unless they delve heavily into online ventures to save their company. A
I am accepting of it. I am not in such a field, so it does not affect my occupation in the least. I was more curious than anything.
Pretty much. When the car was invented and mass marketed to consumers that put most buggy makers out of business. In the next 25 years many industries and old model businesses will become obsolete.
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Yeah, but brick and mortar stores could no way survive against Amazon. The only way they would survive is to be exclusively online.
No one wants to go out of their house to shop anymore. These stores have ZERO chance of surviving. As stated, the only way for them to survive is to become an online giant like Amazon, but how feasible is that for every company? Either way, they would have to close down their stores and lay off employees.
At this rate, there is no sense of even opening a business unless its online.
Some recent stores that have filed for bankruptcy in 2018:
Brookstone
Gymboree
Payless
David's Bridal
Sears
Mattress Firm
Ninewest
Claires
Rockport
Bon Ton
and more.
A solid stock portfolio!
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So, basically, in the face of online shopping, these brick and mortar stores are screwed, unless they delve heavily into online ventures to save their company. A
I am accepting of it. I am not in such a field, so it does not affect my occupation in the least. I was more curious than anything.
Certain types, yes. Food establishments and coffee shops haven’t been hurt too bad. I’m not going on Amazon to have a Pizza delivered to my house.
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Certain types, yes. Food establishments and coffee shops haven’t been hurt too bad. I’m not going on Amazon to have a Pizza delivered to my house.
Well, of course.
But who knows what Amazon will come up with next! :o
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Even at our most dismal worse, unemployment in the US is consistently one of the lowest in the world. What is the alternative? We do not evolve? We do not seek new, more innovative ways to run a society. Would it be better if we didn't have computers and have to get in our cars every day every time we need or want a book or a faucet filter?
I think that as politicians/leaders, you have to look at both sides of the equation a bit. Sure, it's easy to hop on to the "train of progress" and adopt a very Darwinian stance regarding technological evolution, but you have to ask at what cost and to what end?
This isn't the time of horses simply being replaced with cars. Many of these small to medium sized businesses employ a large amount of New York'ers (Americans) that are older than 55yrs of age and they can't just pick up and learn a new craft. Many of them already live paycheck to paycheck. Most of them can't go on unemployment and simply start going to school again in the hopes of attaining a potentially useful degree. Why not? Because if they do, they simply get evicted for not making ends meet. It's not the white collar folk losing jobs that concern me, it's the poor, lower class.
The owners of the businesses will be fine and can easily invest their money into another venture, but it's the displaced workforce that is concerning. They lose jobs, unemployment rises and welfare costs increase equaling higher taxes. Things don't just get better with evolving technology. Over time, we can see great things happen, but it's the initial hit that concerns politicians and what this means to their voter base.
I provide accounting services for many of the same small to medium sized businesses that have been put out of business by companies like Amazon. It's a terrible thing to see when all of those employees need to be laid off. For the young ones <45yrs of age, they survive, but many of the older ones >55yrs of age are seriously fucked. It throws off their already thin margins used to survive in a very expensive city like NY. A smart person will always find ways to evolve and reinvent themselves, but sooner or later, when it's technology knocking at your door and asking for your full time job, you might also sing a different tune.
Do I have the answer? Of course not. But clearly the politicians and economists that run New York City figured this was not a good idea, so maybe, just maybe, they are on to something.
"1"
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I think that as politicians/leaders, you have to look at both sides of the equation a bit. Sure, it's easy to hop on to the "train of progress" and adopt a very Darwinian stance regarding technological evolution, but you have to ask at what cost and to what end?
This isn't the time of horses simply being replaced with cars. Many of these small to medium sized businesses employ a large amount of New York'ers (Americans) that are older than 55yrs of age and they can't just pick up and learn a new craft. Many of them already live paycheck to paycheck. Most of them can't go on unemployment and simply start going to school again in the hopes of attaining a potentially useful degree. Why not? Because if they do, they simply get evicted for not making ends meet. It's not the white collar folk losing jobs that concern me, it's the poor, lower class.
The owners of the businesses will be fine and can easily invest their money into another venture, but it's the displaced workforce that is concerning. They lose jobs, unemployment rises and welfare costs increase equaling higher taxes. Things don't just get better with evolving technology. Over time, we can see great things happen, but it's the initial hit that concerns politicians and what this means to their voter base.
I provide accounting services for many of the same small to medium sized businesses that have been put out of business by companies like Amazon. It's a terrible thing to see when all of those employees need to be laid off. For the young ones <45yrs of age, they survive, but many of the older ones >55yrs of age are seriously fucked. It throws off their already thin margins used to survive in a very expensive city like NY. A smart person will always find ways to evolve and reinvent themselves, but sooner or later, when it's technology knocking at your door and asking for your full time job, you might also sing a different tune.
Do I have the answer? Of course not. But clearly the politicians and economists that run New York City figured this was not a good idea, so maybe, just maybe, they are on to something.
"1"
Move to Alabama.
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A solid stock portfolio!
David's Bridal likely has a lot to do with the fact that less people are getting married, and ones that do are waiting 'til older....likely spending less $
If Mattress Firm's business model is carried out location-wise in other cities like it is here they have no one to blame but themselves. Opened multiple locations in a town that has been dominated by two furniture stores for decades. One of those locations only blocks away from the by far most popular of those 2 dominant stores. Who knew that'd fail? ???
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wow.. this seems fair? ??? ???
WTF?
Amazon will pay $0 in taxes on $11,200,000,000 in profit for 2018
https://finance.yahoo.com/news/amazon-taxes-zero-180337770.html
Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in Taxes
https://itep.org/netflix-posted-biggest-ever-profit-in-2018-and-paid-0-in-income-taxes/
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Jeez..Did anybody read the link? Amazon was going to receive 3 billion in PUBLIC FUNDS...NOT including tax breaks...
That's $48,000 per job created...
And where did the government get those "public funds"? From taxes. Taking money from working people.
It doesn't matter anyway. In any transaction, the buyer wants to pay the least amount and the seller wants to sell for the most he can get. They will always go for the better deal. Amazon can get a better deal elsewhere so they will be fine. If New York feels that they saved money and it's better for their economy not to have a company like Amazon in their State then they should be celebrating as well. I know other States are celebrating that Amazon rejected them and hope they will be picked.
Capitalism at work.
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I am smarter than this. Amazon was planning to move there to simply avoid paying taxes. In addition, people were upset that New York was offering 3 billion dollars in incentives. Now granted Amazon was going to provide school funding and job training but the argument that Amazon was going to generate 27 billion in tax revenue over 10 years is bullshit. That's because every company knows how to exploit the tax code to pay as little as possible and with Trump's new tax code, its even easier. Netflix made 845 million dollars in profit and because of the new tax laws, they didn't pay a dime and in fact extracted a 22 million dollar return on their taxes. Amazon also didn't do any favors in offers facial recognition software to immigrant agents.
Pellius, Amazon is a bully. They pretty much ruined a number of small businesses including myself although I'm now using it somewhat to my advantage. New York was never going to get anything truly from the deal and the job pay guarantee did not match up with what actual Amazon employees made and work..the majority of them working seasonally. It was all smoke and mirrors.
A bully because they want the best deal they can get? Not very free market of you.
But fair enough. In your mind, New York won. Good for them. Now Amazon will go elsewhere where other States are more than happy to have them.
A true Capitalist free market transaction is always a win-win for both buyer and seller. New York won and Amazon won buy getting a better deal elsewhere.
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So, basically, in the face of online shopping, these brick and mortar stores are screwed, unless they delve heavily into online ventures to save their company. A
I am accepting of it. I am not in such a field, so it does not affect my occupation in the least. I was more curious than anything.
Unless they offer something better than online shopping then, yes, they are screwed. But whose fault is that?
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I think that as politicians/leaders, you have to look at both sides of the equation a bit. Sure, it's easy to hop on to the "train of progress" and adopt a very Darwinian stance regarding technological evolution, but you have to ask at what cost and to what end?
This isn't the time of horses simply being replaced with cars. Many of these small to medium sized businesses employ a large amount of New York'ers (Americans) that are older than 55yrs of age and they can't just pick up and learn a new craft. Many of them already live paycheck to paycheck. Most of them can't go on unemployment and simply start going to school again in the hopes of attaining a potentially useful degree. Why not? Because if they do, they simply get evicted for not making ends meet. It's not the white collar folk losing jobs that concern me, it's the poor, lower class.
The owners of the businesses will be fine and can easily invest their money into another venture, but it's the displaced workforce that is concerning. They lose jobs, unemployment rises and welfare costs increase equaling higher taxes. Things don't just get better with evolving technology. Over time, we can see great things happen, but it's the initial hit that concerns politicians and what this means to their voter base.
I provide accounting services for many of the same small to medium sized businesses that have been put out of business by companies like Amazon. It's a terrible thing to see when all of those employees need to be laid off. For the young ones <45yrs of age, they survive, but many of the older ones >55yrs of age are seriously fucked. It throws off their already thin margins used to survive in a very expensive city like NY. A smart person will always find ways to evolve and reinvent themselves, but sooner or later, when it's technology knocking at your door and asking for your full time job, you might also sing a different tune.
Do I have the answer? Of course not. But clearly the politicians and economists that run New York City figured this was not a good idea, so maybe, just maybe, they are on to something.
"1"
Actually, New York approved the deal and the majority was in favor of it. It was Amazon that rejected them due to a small and vocal minority. As was quoted earlier, Amazon figures why bother with all this hassle when there are other States far more accommodating.
As far as displaced workers, that happens and has happened all throughout our history. I am convinced that eventually, maybe not in our lifetime, gasoline powered cars will be replaced by electric cars. Those Teslas are incredible. It's like driving a space ship. And they will only get better and cheaper. Imagine losing that whole automobile, gas, and oil industry?
But what do you want to do? Pass a law that a company cannot expand beyond a certain point? That they can't charge less than a certain price? Industries and occupations fade away because people don't want them. You want to punish Amazon for providing goods and services that people prefer over the brick and mortar stores? You want to punish Walmart for providing goods and services cheaper and better than everybody else. Remember who benefits the most. It's the poorer people. They get more for their money in terms of goods and services. This is a fact because that's where they spend their money.
Like X-factor said, old jobs are lost and new jobs are created.
In a fiery statement on Thursday, Cuomo blamed the shocking decision on socialist democratic darling Ocasio-Cortez and others like her.
Cuomo:
"[A] small group [of] politicians put their own narrow political interests above their community – which poll after poll showed overwhelmingly supported bringing Amazon to Long Island City – the state's economic future and the best interests of the people of this state," Cuomo said publicly. "The New York State Senate has done tremendous damage. They should be held accountable for this lost economic opportunity."
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wow.. this seems fair? ??? ???
WTF?
Amazon will pay $0 in taxes on $11,200,000,000 in profit for 2018
https://finance.yahoo.com/news/amazon-taxes-zero-180337770.html
Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in Taxes
https://itep.org/netflix-posted-biggest-ever-profit-in-2018-and-paid-0-in-income-taxes/
I think that's great! I would rather Amazon keep the money that they earn rather than give it to the government. I never understood why people believe that the government can spend money they confiscate from others better than the people or businesses that actually had to earn it. The more money Amazon makes the more jobs they create, the more they can invest in better technology, service, salaries, and products. With the government, it's like a big black hole where money just disappears. In Hawaii, we are building a rail system that nobody really wants and as the project has dragged on it has nearly doubled in the original cost. A 20-mile rail is now going to cost the State, cost the taxpayers, 10 billion dollars! That's half of billion dollars a mile. No way a private company could get away with that without being fired years ago. And remember, Trump wants just 5 billion to protect our country.
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I think that's great! I would rather Amazon keep the money that they earn rather than give it to the government. I never understood why people believe that the government can spend money they confiscate from others better than the people or businesses that actually had to earn it. The more money Amazon makes the more jobs they create, the more they can invest in better technology, service, salaries, and products. With the government, it's like a big black hole where money just disappears. In Hawaii, we are building a rail system that nobody really wants and as the project has dragged on it has nearly doubled in the original cost. A 20-mile rail is now going to cost the State, cost the taxpayers, 10 billion dollars! That's half of billion dollars a mile. No way a private company could get away with that without being fired years ago. And remember, Trump wants just 5 billion to protect our country.
You may as well speak to a brick wall. In their small liberal minds: government=good private business=bad
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No biggie for Amazon. Just business. NY didn't have to get into the Amazon lottery. Nobody forced them. They entered willingly.
There are plenty of cities who want the thousands of high paying, $150,000 white collar jobs and resulting economic benefits (workers' income taxes, sales taxes, real estate taxes paid on their homes, revenue to local small businesses providing services to Amazon employees).
NY spent $millions courting Amazon and then tried to change the rules. Very foolish.
It's called cutting off your nose to spite your face.
There was little out-of-pocket expense for NY except for some construction grant money. It was all subsidies and performance based benefits.
The vast majority of the $billions were reductions in future tax revenues not existing revenues.
Cuomo understands but the other pols are ignorant or motivated by personal power interests.
Result: NY blows it.
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New York City Mayor de Blasio: Amazon 'took their ball and went home'
By Ben Kamisar
WASHINGTON — New York City Mayor Bill de Blasio Sunday laid the blame for the scuttled deal between Amazon and New York City at the corporate giant's feet, saying the company "took their ball and went home" by pulling out of the deal.
De Blasio, who said he is not ruling out a presidential bid in 2020, defended progressives who supported a pressure campaign against the project by framing the company as exclusively at fault. But he also argued the deal would have been a way for progressives to show they could balance their values with governance as well.
"I have no problem with my fellow progressives critiquing a deal or wanting more from Amazon — I wanted more from Amazon too. The bottom line is, this was an example of an abuse of corporate power. They had an agreement with the people of New York City," he told "Meet the Press."
https://www.nbcnews.com/politics/meet-the-press/nyc-mayor-de-blasio-amazon-took-their-ball-went-home-n972571 (https://www.nbcnews.com/politics/meet-the-press/nyc-mayor-de-blasio-amazon-took-their-ball-went-home-n972571)
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No biggie for Amazon. Just business. NY didn't have to get into the Amazon lottery. Nobody forced them. They entered willingly.
There are plenty of cities who want the thousands of high paying, $150,000 white collar jobs and resulting economic benefits (workers' income taxes, sales taxes, real estate taxes paid on their homes, revenue to local small businesses providing services to Amazon employees).
NY spent $millions courting Amazon and then tried to change the rules. Very foolish.
It's called cutting off your nose to spite your face.
There was little out-of-pocket expense for NY except for some construction grant money. It was all subsidies and performance based benefits.
The vast majority of the $billions were reductions in future tax revenues not existing revenues.
Cuomo understands but the other pols are ignorant or motivated by personal power interests.
Result: NY blows it.
Yes, in the end, it's a wash. I people against it think they won a big victory. I'm actually happy for them. Amazon continues to move on and grow and dominate. Liberal cities like New York continue to crumble. The tax-friendly States like Texas continue to grow.
Life goes on.
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No statistic of 'Dead Females by Stoning' in Plonkers Paki land :(
Where is UN , when U need them >:(
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Yes, in the end, it's a wash. I people against it think they won a big victory. I'm actually happy for them. Amazon continues to move on and grow and dominate. Liberal cities like New York continue to crumble. The tax-friendly States like Texas continue to grow.
Life goes on.
The only problem is it's a lot of people coming from blue state cali from what I've read. If they're leaving because of all the crazy left views, and a more conservative life, better family environment, better community, etc all should be good in TX
If they're die hard leftists that are just sick of being taxed and don't realized voting dem is what got them there, then Red TX might have a real problem. Might want to consider a border on the west of TX too.
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De Blasio says Alexandria Ocasio-Cortez didn’t understand Amazon deal
By Bruce Golding
Mayor Bill de Blasio said Sunday that US Rep. Alexandria Ocasio-Cortez was wrong to have claimed the collapse of the Amazon deal would free up $3 billion to fix the city’s subways and hire more teachers.
During an appearance on NBC’s “Meet the Press,” de Blasio agreed when host Chuck Todd said that the tax breaks offered to Amazon weren’t “money you had over here. And it was going over there.”
“Correct,” de Blasio said.
He added: “And that $3 billion that would go back in tax incentives was only after we were getting the jobs and getting the revenue.”
To further drive home the point, Todd said, “There’s not $3 billion in money —”
“There’s no money — right,” de Blasio said.
The exchange came after Todd suggested there was a “factual divide” that kept Ocasio-Cortez (D-The Bronx) from understanding “how this deal worked.”
He also played a video clip that showed her reacting on Thursday to Amazon’s cancellation of plans to build an office complex in Long Island City.
“If we were willing to give away $3 billion for this deal, we could invest those $3 billion in our district ourselves, if we wanted to. We could hire out more teachers. We can fix our subways. We can put a lot of people to work for that money, if we wanted to,” Ocasio-Cortez said at the time.
https://nypost.com/2019/02/17/de-blasio-says-alexandria-ocasio-cortez-didnt-understand-amazon-deal/ (https://nypost.com/2019/02/17/de-blasio-says-alexandria-ocasio-cortez-didnt-understand-amazon-deal/)
For AOC and anyone still confused about how this deal would work, there's not $3 billion in money. :D
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Full de Blasio: ‘Amazon Just Took Their Ball And Went Home’ | Meet The Press | NBC News
[ Invalid YouTube link ]
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AOC got her wish.
(http://www.getbig.com/boards/index.php?action=dlattach;topic=651908.0;attach=770920;image)
HOT!
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De Blasio says Alexandria Ocasio-Cortez didn’t understand Amazon deal
By Bruce Golding
Mayor Bill de Blasio said Sunday that US Rep. Alexandria Ocasio-Cortez was wrong to have claimed the collapse of the Amazon deal would free up $3 billion to fix the city’s subways and hire more teachers.
During an appearance on NBC’s “Meet the Press,” de Blasio agreed when host Chuck Todd said that the tax breaks offered to Amazon weren’t “money you had over here. And it was going over there.”
“Correct,” de Blasio said.
He added: “And that $3 billion that would go back in tax incentives was only after we were getting the jobs and getting the revenue.”
To further drive home the point, Todd said, “There’s not $3 billion in money —”
“There’s no money — right,” de Blasio said.
The exchange came after Todd suggested there was a “factual divide” that kept Ocasio-Cortez (D-The Bronx) from understanding “how this deal worked.”
He also played a video clip that showed her reacting on Thursday to Amazon’s cancellation of plans to build an office complex in Long Island City.
“If we were willing to give away $3 billion for this deal, we could invest those $3 billion in our district ourselves, if we wanted to. We could hire out more teachers. We can fix our subways. We can put a lot of people to work for that money, if we wanted to,” Ocasio-Cortez said at the time.
https://nypost.com/2019/02/17/de-blasio-says-alexandria-ocasio-cortez-didnt-understand-amazon-deal/ (https://nypost.com/2019/02/17/de-blasio-says-alexandria-ocasio-cortez-didnt-understand-amazon-deal/)
For AOC and anyone still confused about how this deal would work, there's not $3 billion in money. :D
Home run, P-bo.
You are truly a worthy Getbigger.
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I know many don't read my long-ass posts, cuz it takes me a while to get all my points in. This article was just posted today https://www.yahoo.com/finance/news/amazon-strikes-blow-logistics-industry-141700863.html
So read the bolded below if you want, but in short Amazon will decimate modern logistics, and will build airports, as well as consolidate/sell everything, and build around those airports in 10-15 years. Book it! ;)
What I don't understand...especially after reading yours' and others' posts in the property tax thread last night, is why Amazon is even bothering with these "trendy" massive cities? The argument that the talent pool is higher there is shit. People need jobs whether they're high-paying or average. People from those areas will move to wherever the fuck Amazon decides to build. Amazon would save a shitload of money on operational and property costs while still offering the $150K they were planning for these high paying jobs for NYers in some currently rural area.
People would be applying left and right. In fact, more people would apply, because there are a ton of techies in the Silicon Prairie that would never consider moving to a place like NY. People from NY applying, might dislike the idea of moving to the midwest, but once they got there and realized that $150K/yr salary could buy a mini-mansion vs. an average apartment/home as well as it "spending better"; they'd be quite happy.
When Amazon's deal with USPS was announced years ago on top of contracts with all the other couriers, I told my dad who was in distribution; "just wait, in the near future Amazon will move toward eliminating them all by being their own logistics provider". It's been in motion for at least 3 years now. They have their own planes, trucks, delivery vehicles and vans, and now added a ton of delivery drivers. They massed mailed post cards for delivery driver positions last year in different parts of the midwest.
My prediction now is that Amazon will buy up enormous amounts of land in a somewhat remote area of Cali(only because of seaports), Nevada, the midwest, texas, great lakes area, and Florida. Then, someday in the next 10-15 yrs, they will build all their own airports while building huge warehouse/fulfillment/distribution centers near them, and then close all the others. They'll sell all all the land/buildings they currently own at a profit, save a ton on property and corporate taxes, and also increased profits from lower employee salaries vs. NY, over-populated parts of Cali, and WA. Book it!
If GB, and any of us are around you can quote this then, and I'll either look like mytradamus, or a mytdumass.
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I know many don't read my long-ass posts, cuz it takes me a while to get all my points in. This article was just posted today https://www.yahoo.com/finance/news/amazon-strikes-blow-logistics-industry-141700863.html
So read the bolded below if you want, but in short Amazon will decimate modern logistics, and will build airports, as well as consolidate/sell everything, and build around those airports in 10-15 years. Book it! ;)
most everything that you buy will come through Amazon. Amazing really. They are like what Sears was back at the turn of the 20th century or whenever. Didn't Bezos himself say that one day Amazon would meet the same fate?