Nobody ever showed me credible numbers stating that New York's proposed subsidies to Amazon were a good deal for the people of New York, let alone for the country as a whole. That makes me strongly suspect that credible numbers cannot be calculated. Unless a recession hits at the right (or rather wrong) moment, the people who would have worked in New York at Amazon HQ2 will work elsewhere, and the state economy as a whole is likely to be healthier:

Nathan Jensen: Economic Development Public Policy Lessons Abound in New York’s Amazon HQ2 Debacle: "Most of these incentives are bad public policy. Virginia’s HQ2 bid was more public focused. It includes future payments based on a formula involving new, high-paying jobs as well as and other public subsidies, but it also includes a promise of infrastructure and education investments that would serve not only Amazon but also the entire community. The subsidies continue to face opposition. New York’s bid, in contrast, was designed primarily to put more money into the pockets of Amazon...


#noted

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