The Market Ticker - The Infuriating Post-Hoc Justification
The revisionist garbage is nauseating.
Lately politicians and wanna-be pundits have taken to various media to claim that NYC had actually gotten a deal when they offered Amazon a bribe in the form of tax incentives to come there. Various formulas are tossed out that include things such as jobs that wouldn’t have otherwise been formed, people who might have moved to the city to do those jobs (and the taxes they would have paid) and so on. They put a number on all this and say “See, NYC was going to get several times what it gave out back!“
That, of course, is not the point — nor why such bribery ought to result in prison terms, not accolades.
Or worse than prison terms, actually. Maybe drawing, quartering,…….
(Click link to read more)
Source: https://www.market-ticker.org/akcs-www?post=235107
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