It defies logic how so many New Yorkers — see Millennials — support newly-elected Democratic Rep. Alexander Ocasio-Cortez and the left-wing policies she represents.
Even more so when they witness the self-avowed democratic socialist celebrate her district losing 25,000 jobs after Amazon announced in response to protests from the far left that it will not open a new headquarters in New York.
“I think it’s incredible!” the happy socialist told a reporter on Capitol Hill. “I mean, it shows that everyday Americans still have the power to organize and fight for their communities — and they can have more say in this country than the richest man in the world.”
The richest man being Amazon CEO Jeff Bezos, a liberal in his own right.
When asked about criticism that her district lost so many potential jobs, the Bronx nitwit pointed to the tax subsidies that would have lured Amazon to the area to say that money could now be spent providing government jobs — not realizing that there’s a HUGE hole in that theory.
“Well, one of those things is a). we were subsidizing those jobs,” she replied. “The city was paying for those jobs, so frankly, if we were willing to give Amazon three — 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.”
Apparently, Ocasio-Cortez doesn’t grasp the “subsidies” were essentially a break on taxes the company wouldn’t have paid. In other words, it’s not magic money rotting away in NY state coffers simply because Amazon was eyeing a potential deal, as Acosio-Cortez seemingly implies.
The Daily Wire’s Emily Zanotti explained it in simple terms for Acosio-Cortez — she would also note her typo of $3M instead of $3B.
“That $3M isn’t fungible. It’s taxes Amazon simply wouldn’t have paid. That money doesn’t yet exist, and can’t be reallocated to other projects. This doesn’t seem like a concept that’s super hard. You’d think an Econ major would get it,” Zanotti tweeted.
That $3M isn't fungible. It's taxes Amazon simply wouldn't have paid. That money doesn't yet exist, and can't be reallocated to other projects. This doesn't seem like a concept that's super hard. You'd think an Econ major would get it. https://t.co/q7y39Av2Rc
— Emily Zanotti (@emzanotti) February 14, 2019
Acosio-Cortez followed up on her poor understanding of economics by expressing yet another nonsensical comment about the lost jobs not necessarily being for New Yorkers.
(Lacking no self assurance, the dimwit is confident her media fan club will not call her out for much of anything.)
“Additionally, those jobs, there was no guarantee that those jobs were for the New Yorkers that were here,” the 29-year-old lawmaker said. “We were looking at a deal that was not primarily putting the community first and I think that we can absolutely come together to create an economic plan that actually invests in New Yorkers, in higher wages, and in a dignified life.”
If not for New Yorkers, then for who? It was to be built in her district!
While Twitter has largely devolved into a toxic wasteland, learning opportunities still abound, as seen from social media users willing to educate Ocasio-Cortez on what she clearly does not know.
The $3 Billion in subsidy doesn’t exist unless Amazon tax revenue is created.
This is economic illiteracy from @AOC. https://t.co/eMpO8HAhtP
— ian bremmer (@ianbremmer) February 14, 2019
.@AOC’s statement is deceptive and ignores how tax abatements work. She’s talking about money that doesn’t exist https://t.co/9SPYFrX8Sy
— Evan Siegfried (@evansiegfried) February 14, 2019
Is anyone going to explain to her that now there's zero tax dollars being generated by Amazon?
That the $3 Billion she's talking about never existed? https://t.co/osZa3fIEk4
— RBe (@RBPundit) February 14, 2019
Says the woman who wants the government to pay people who are “unwilling to work” https://t.co/ZfzTKvddq1
— ruben rodriguez (@rubenangel73) February 15, 2019
Tweets like this prove too many drugs fry a brain. Example: yesterday Shots Girl pens Green deal for peep to be paid for being unwilling to work, but today she cries about Amazon subsidies. Reality: Cuomo, Schumer, DeBlasio &Shots Girl are turning NYC into Detroit. #liberalNUTS
— Dennis Michael Lynch (@realDennisLynch) February 14, 2019
Wait. What?! The same AOC who is championing the subsidizing of people unwilling to work through the Green New Deal is also blasting NY for subsidizing?! The cognitive dissonance is unreal.
— Jeremy McGowan (@Jeremy_McGowan) February 14, 2019
It's insane how little some politicians understand about taxes. $3B in tax *abatements* means that the government simply would not collect the $ otherwise owed. It doesn't mean that NY would be handing over $3B in cash to Amazon. This is a terrible thing for NY. https://t.co/ZFwXNhrDVZ
— Rational Policy (@ratlpolicy) February 14, 2019
Hey, @AOC – The $3B was in tax subsidies.
A reduction in taxes *paid* by @Amazon. Now that they're not in NYC, the amount of taxes will be reduced by … wait.
There will be ZERO TAX REVENUES or JOBS enjoyed by NYC residents.#Bravo Little Miss Hissy Fit! https://t.co/5IVQgyppKv— Sandy 〽️ (@RightGlockMom) February 14, 2019
Yeah because creating 25,000 jobs and bringing revenue to Queens is “giving away $3 bil”
Tf kind of logic are these people using? https://t.co/uSffWp87jV
— Einstein of Cocktails (@OGHummingbird) February 14, 2019
In the end, the ex-bartender Ocasio-Cortez “has literally no clue what she’s doing and people love her,” one social media user noted.
The people being uniformed liberals… and the media. In the end, that may be the most troubling aspect of the post-Obama phenomenon known as AOC.
https://twitter.com/paulsstrauss/status/1096196925643210757
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Tom@bizpacreview.com
The longest-tenured writer at BizPac Review, Tom grew up in Maryland before moving to Central Florida as a young teen. It is in the Sunshine State that he honed both his passion for politics and his writing skills.
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