How do you spend money that doesn't exist from a tax break you didn't give? De Blasio says Alexandria Ocasio-Cortez didn’t understand Amazon deal https://nypost.com/2019/02/17/de-blasio-says-alexandria-ocasio-cortez-didnt-understand-amazon-deal/ Mayor Bill de Blasio said Sunday that US Rep. Alexandria Ocasio-Cortez was wrong to have claimed the collapse of the Amazon deal would free up $3 billion to fix the city’s subways and hire more teachers. During an appearance on NBC’s “Meet the Press,” de Blasio agreed when host Chuck Todd said that the tax breaks offered to Amazon weren’t “money you had over here. And it was going over there.” “Correct,” de Blasio said. He added: “And that $3 billion that would go back in tax incentives was only after we were getting the jobs and getting the revenue.” To further drive home the point, Todd said, “There’s not $3 billion in money —” There’s no money — right,” de Blasio said. The exchange came after Todd suggested there was a “factual divide” that kept Ocasio-Cortez (D-Bronx) from understanding “how this deal worked.” He also played a video clip that showed her reacting on Thursday to Amazon’s cancellation of plans to build an office complex in Long Island City. “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,” Ocasio-Cortez said at the time. Her remarks prompted President Trump’s son Donald Trump Jr. to tweet: “Will someone please explain to me how it is possible for NYC to SPEND a $3 Billion tax break on anything? This is insanity.” Several conservative websites also piled on, blasting Ocasio-Cortez for her “idiotic claim” and saying she “should retake basic math.”
You can't make an omelette without breaking some eggs. I don't know about this new House Member. But I'm not surprised she is now the target of relentless ad hominem attacks. It's a sign that she is busy saying things and doing things that are unpopular among those who attack her. I'll have to withhold judgement until I know more, but so far I haven't learned anything useful from the labeling and the ad hominems. It would be nice to hear more from those who have something substantive to add, like the article gwb-trading posted. O-C's quoted rejoinder there suggests her thinking is not sound, in that the availability of "the three billion" is not affected one way or the other by the Amazon decision. It won't be available for spending on public projects if Amazon deal goes through, and it won't be available if it doesn't. But there might be a net increase, or decrease in public money depending on the deal. Someone has to do that calculation and include error margin, and then all the intangible factors have to be thrown in. Let's hope that more than a seat of the pants calculations, i.e., the kind used to decide whether citizens should pay 0.5 billion over 30-years to build a new NFL stadium, is involved..
You can't make an omelette without breaking some eggs. I don't know about this new House Member. But I'm not surprised she is now the target of relentless ad hominem attacks. It's a sign that she is busy saying things and doing things that are STUPID among those who attack her. I'll have to withhold judgement until I know more, but so far I haven't learned anything useful from the labeling and the ad hominems. It would be nice to hear more from those who have something substantive to add, like the article gwb-trading posted Fixed it for you
AOC is the gift that keeps on giving... to the Republican party. She is most disliked by members of her own Democratic party. Every word that comes out of her mouth further serves to sink the party. Some of the concepts that come out her mouth shows she has no basic concept of budgeting, government, or simply math. Most of her insanity is excellent fodder to help the right in the 2020 election. The traditional understanding is that first term house members need to shut their mouths, build relationships, and learn -- if they expect to have a government career that is longer than two years. She is going to be primaried and significant money will flow to however is designed to limit her government service to one term in the house.
???? What is so difficult to understand? AOC thought killing the Amazon deal saved NYC $3 Billion to be spent on other things. She mistakenly thought the city was going to give that money to Amazon without realizing that money was potential tax revenue for the city. This tweet by this CNBC liberal should sum things up nicely, what other evidence do you need? Perhaps a global railway system to end air travel?
No, it is a sign that she is saying things that are popular WITH THE PROGRESSIVE DEMOCRATS and since we are in an election cycle and she is the face of the democratic party now then everything is fair game. MORE TO COME, MUCH MORE. Just keep saying you dont know much about her. Amazing how many embarassed dems play that game these days. She is the nutjob who personifies your ideology. OWN IT BABY.