Know-Nothing Know-It-All AOC Wants to Spend Amazon’s $3 Billion

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Screenshot of AOC, know nothing, know it all

Amazon dropped out of the New York project after the hard-left politicians, including Alexandria Ocasio-Cortez, and unions, including the Teamsters, torched them. It would have created 25,000 to 40,000 good jobs and brought in billions in revenue to the depressed suburb of New York City, Long Island City. Amazon promised an investment of $2.5 billion.

New Yorkers overwhelmingly approved of the Amazon deal, but the loudmouths won.

The leftists who redistribute wealth in New York think they now have $3 billion to spend, even though those were merely tax breaks.

Some want to fix the subway with the non-existent, non-transferrable funds.

Here is a quick lesson in economics. New York City had no plans to give cash to Amazon. It was an incentive program based on job creation, producing tax revenue. There isn’t a $3 billion cache of gold that can now be spent on subways or education. The $3 billion tax break doesn’t exist unless Amazon creates the jobs.

New York has a toxic business environment as the WSJ reported.

AOC’S POT OF GOLD

A community organizer for Bernie Sanders, Rep. Alexandria Ocasio-Cortez community organized her comrades to protest Amazon’s HQ2.  She cheated people out of jobs and revenue. Amazon blamed her in part for their decision to back out of the deal.

She now thinks there is $3 billion dollars for her to spend on hiring teachers. Even crazier, she thinks she can create 25,000 jobs as Amazon planned to do. As her comrades have said, she is an “economic illiterate.”

Ocasio ignorantly tweeted to try and cover up her ignorance: “This deal wasn’t a simple tax break. It was $3 BILLION dollars. When the community wanted to negotiate, Amazon said “all or nothing.” They bailed when they didn’t get 100% of what they wanted.”

That is a lie. She refused to even meet with Amazon and the unions demanded they unionize because it’s a “union town.” When she refused to meet, O-Cortez’s people told Amazon, “Amazon, never.”

AOC actually thought New York City was subsidizing the 25,000 jobs. She said if “NYC can give away $3 billion for this deal,” investments can be made to hire teachers and fix the subway. She believes 25,000 jobs paying $100,000 can be offset with local jobs.

But there is no $3 billion unless Amazon creates it.

15 COMMENTS

  1. Esteemed party member comrade kommissarina Cortez is morally right at all times and she will lead us to the glorious People’s Republik of Amerika transformation so we can all live the Venezuelan dream! Forward comrades, to each according to his need, workers of the world unite.

    • She is going to fix Americas Obesity crisis, and as part of the process America will be a dream destination for Anorexics, just like Venezuela. This will of course cut down on their carbon foot print. No need to fly to Venezuela for your starvation diet, when you can starve very well in America.

  2. Employers who need economics graduates, remember, Cortez graduated with an economics major from Boston University and at least one of her professors has nothing but praise for her. To me that says a lot about Boston University’s economics programs and their professors and it ain’t good. And given what I have seen among graduates from other colleges and universities, I don’t have a lot of good to say about many of them either.

    • A lot of professors (at the big universities) are instructed to give their minority students higher grades, so the university can boast about how well their minority students are doing.

      • Grade inflation has been in schools and colleges since the 1970s. This was to help improve the self esteem of our idiot students and everyone gets a trophy or an A grade! This is why we are a nation of illiterates and have to import Asians for our engineering, medical and technical jobs! When 75% of incoming community college students have to take developmental, non transferrable courses…America is dumb!!!

  3. The ironic part is that AOC could actually be doing the Democratic party a big favor. If Amazon moves into a state like GA or NC, the influx of liberals and their families could possibly help swing the state to the political blue side.

  4. Wow! The ignorance of DemoDolt, Sandy “Orgasmic-Cortex,” continues to AMAZE me! She simply is so DUMB that she thinks that New York state under Gubunor “CoooMo,” was going to give Amazon THREE BILLION DOLLARS of dinero sitting in the state stash! Yes, Amazon WAS to recieve 3-Billion in Tax Credits…after PAYING CoooMo’s state treasury, 27-BILLION. “Orgasmic-Cortex” is too much! Thank you DUMB New York voters, for giving us such a jewel. 2020…Bring it on!

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