Amazon pulled the plug on its commitment to build its HQ2 in the Long Island City neighborhood of New York City. Although city residents broadly supported the project, there was a very vocal local opposition with Alexandra Ocasio Cortez one of the leaders. It takes a lot of gall to say No to 25000 clean high paying jobs, but NYC did just that. Too bad.
By jerking Amazon around the city sent a message that it simply doesn’t care about jobs. Trust me the economic after shocks are going to be nontrivial.
* With apologies to the New York Daily News for its famous 1975 headline “Ford to New York: Drop Dead”
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