While some politicians are hard at work to create jobs, revive our manufacturing, and expand our economy…
…Others like NY Representative, Alexandria Ocasio-Cortez, are busy destroying jobs from her city.
After a grueling competition for the Amazon HQ2 with 200 cities offering incentives to land one of two 2nd Headquarters for Amazon, the winners were Arlington, VA and Long Island City, NY.
These lucky cities were to divide 50,000 new jobs and $5 billion in investment by technology and e-Commerce behemoth, Amazon.
Instead of thanking G-d for their good fortune and celebrating their win under the political savvy of New York’s Governor, Andrew Cuomo and NYC’s Mayor, Bill de Blasio, Representative Alexandria Ocasio-Cortez railed against the “corporate welfare” and basically killed the deal.
What should be critically noted is that incentives for Amazon were based on meeting their performance benchmarks for NYC and Arlington and were not corporate charity or handouts.
What Socialist, Ocasio-Cortez failed to understand is that Capitalism is successful precisely because of competition and incentives for performance, and that capital is ideally allocated to where it can get its highest return.
In short, New York and Virginia weren’t giving away the farm, they were competing for great jobs and investment in their cities–and that’s what 200 cities recognized from Mexico, Canada, and the U.S.
Aside from AOC’s blatant bigotry and Anti-Semitism so far, she has goofed with a Green Deal that promised income security (socialist handouts) to those “unwilling to work” and sought to get rid of everything from “farting cows” to Airplanes, and now she’s lost 25,000 jobs in NY.
Voters in NY and Democrats in Congress should be paying attention to their new Socialist champion and one of its extremists in chief.
(Source Photo: Andy Blumenthal)