From the editorial board of the New York Post –
Amazon’s decision to drop its New York City expansion plan is a loss for the city and for the company — with lessons for both sides, and for the politicians who brokered the now-failed deal.
New York needs to think about how the local economy is to keep growing, with new middle-class jobs. The “bribe big companies to move in, then demand more concessions” model plainly isn’t going to work.
Amazon, meanwhile, ought to realize that holding a national competition, apparently to see who’d offer the most subsidies, can only guarantee suspicion about whatever deal you wind up getting.
