New Yorkers Should Be Kicking Themselves For Letting AOC Deal With Amazon
Unfortunately for many Americans people actually listen to AOC. New Yorkers, in particular, should be upset since AOC fought to prevent Amazon from getting a $3 Billion dollar tax incentive. Amazon would have brought in a ridiculous number of jobs had the deal gone through. You can tell they were not lying about the need for workers as Amazon is now hiring 1,400 people a day. But apparently, New Yorkers didn't need those jobs.
Amazon had "promised to bring between 25,000 to 40,000 jobs to the city in exchange for up to $3 billion in tax breaks and financial incentives from the state and city governments."
But because of AOC, Amazon settled for a much smaller deal half a year later with a headquarters requiring only 1,500 people.
"Amazon has embarked on an extraordinary hiring binge this year, vacuuming up an average of 1,400 new workers a day and solidifying its power as online shopping becomes more entrenched in the coronavirus pandemic…
Amazon’s rapid employee growth is unrivaled in the history of corporate America. It far outstrips the 230,000 employees that Walmart, the largest private employer with more than 2.2 million workers, added in a single year two decades ago. The closest comparisons are the hiring that entire industries carried out in wartime, such as shipbuilding during the early years of World War II or home building after soldiers returned, economists and corporate historians said…
Of its 810,000 workers who are in the United States, about 85 percent are frontline employees in warehouses and operations who earn a minimum of $15 an hour. That is higher than traditional retail work, where an average sales worker makes $13.19 an hour, but lower than typical warehousing jobs. On Thursday, Amazon said it would pay bonuses of $300 for full-time employees and $150 for part-time employees."
The funny thing is AOC is proud of herself. She thinks it's a win that Amazon came back and leased a small warehouse that employs 1,500 people instead of 40,000. But New Yorkers keep voting her in so I guess they are happy that she turned away 40k+ jobs.