Strange bedfellows

[Maddog]

After a long process, Amazon finally announced that it will locate its new headquarters in New York and Virginia. Following the announcement, Representative-elect Alexandria Ocasio-Cortez tweeted that “Amazon is a billion-dollar company. The idea that it will receive hundreds of millions of dollars in tax breaks at a time when our subway is crumbling and our communities need MORE investment, not less, is extremely concerning to residents here.”


As a result of her tweet, conservative commentators all over twitter and on shows like Fox Business’s Varney & Co. are making fun of her. They argue that her reaction is yet more evidence that she doesn’t get economics and that doesn’t want New Yorkers and Virginians to get the thousands of jobs that will be created there thanks to the new headquarters.

I can’t believe I’m saying this, but Ocasio-Cortez is mostly correct on this matter, and her conservative critics are wrong. Handouts like this to Amazon and other prominent companies are appalling in their cronyism, pure and simple. I agree that she doesn’t understand economics and that her socialist ideal is a recipe for fiscal and economic disaster. But her conservative critics reveal their own economic misunderstanding when they support targeted tax breaks as a means of creating jobs.


https://www.nationalreview.com/corner/r ... uaVj7IfHpQ

[Maddog]

Fox News host Tucker Carlson admitted Tuesday, in a rare moment of nonpartisanism, that he actually agreed on something with Democratic Congresswoman-elect Alexandria Ocasio-Cortez.

Carlson said it was “hard to argue with” the progressive newcomer’s criticism of e-commerce giant Amazon, which has received $2 billion in tax incentives in exchange for locating its two new headquarters in Long Island City, New York, and Arlington, Virginia.

https://www.huffingtonpost.com/entry/fo ... eec2bf7087

[Stooo]

You've got a skint rube in the WH and you want to take down the richest man in the world...

[Maddog]

You've got a skint rube in the WH and you want to take down the richest man in the world...

Apple's and oranges.

The point is not to have local communities give welfare to billionaires, regardless of who's in the White house.

It's a place where the leftists and the real free marketeers actually agree.

[art0hur0moh]

slashing Your military budget by half would resolve the entire Planets primary poverty issues! saying that I don't believe throwing money at problems makes them go away. in many instance more than is needed causes more harm. the company get a tax break but all the goods sold still have tax added.

I am of the view all companies should pay 90% tax on gross income and wages payed without income or goods tax added. I am also of the opinion that services should be ayed for by the People who use the service and not by tax payers wholive on the bread line without services.

[Maddog]

slashing Your military budget by half would resolve the entire Planets primary poverty issues! saying that I don't believe throwing money at problems makes them go away. in many instance more than is needed causes more harm. the company get a tax break but all the goods sold still have tax added.

I am of the view all companies should pay 90% tax on gross income and wages payed without income or goods tax added. I am also of the opinion that services should be ayed for by the People who use the service and not by tax payers wholive on the bread line without services.

The funds for this corporate welfare, came from the local level. Nothing to do with defense spending. Not that cutting it isn't a bad idea.

[Wilson]

After a long process, Amazon finally announced that it will locate its new headquarters in New York and Virginia. Following the announcement, Representative-elect Alexandria Ocasio-Cortez tweeted that “Amazon is a billion-dollar company. The idea that it will receive hundreds of millions of dollars in tax breaks at a time when our subway is crumbling and our communities need MORE investment, not less, is extremely concerning to residents here.”


As a result of her tweet, conservative commentators all over twitter and on shows like Fox Business’s Varney & Co. are making fun of her. They argue that her reaction is yet more evidence that she doesn’t get economics and that doesn’t want New Yorkers and Virginians to get the thousands of jobs that will be created there thanks to the new headquarters.

I can’t believe I’m saying this, but Ocasio-Cortez is mostly correct on this matter, and her conservative critics are wrong. Handouts like this to Amazon and other prominent companies are appalling in their cronyism, pure and simple. I agree that she doesn’t understand economics and that her socialist ideal is a recipe for fiscal and economic disaster. But her conservative critics reveal their own economic misunderstanding when they support targeted tax breaks as a means of creating jobs.


https://www.nationalreview.com/corner/r ... uaVj7IfHpQ

Her "Socialist ideals" are mainstream, moderate economic policies in lots of Western countries. She understands economics just fine. If she didn't know what she was talking about she wouldn't have your country's political commentators so rattled.

[wutang]

... They argue that her reaction is yet more evidence that she doesn’t get economics...

Quick check on her educational background. Boston University where she got a degree in... *checks notes*.... economics

What they meant is she doesnt worship THEIR brand of economics which in the borderline religious world of economics is a grand heresy

[Maddog]

After a long process, Amazon finally announced that it will locate its new headquarters in New York and Virginia. Following the announcement, Representative-elect Alexandria Ocasio-Cortez tweeted that “Amazon is a billion-dollar company. The idea that it will receive hundreds of millions of dollars in tax breaks at a time when our subway is crumbling and our communities need MORE investment, not less, is extremely concerning to residents here.”


As a result of her tweet, conservative commentators all over twitter and on shows like Fox Business’s Varney & Co. are making fun of her. They argue that her reaction is yet more evidence that she doesn’t get economics and that doesn’t want New Yorkers and Virginians to get the thousands of jobs that will be created there thanks to the new headquarters.

I can’t believe I’m saying this, but Ocasio-Cortez is mostly correct on this matter, and her conservative critics are wrong. Handouts like this to Amazon and other prominent companies are appalling in their cronyism, pure and simple. I agree that she doesn’t understand economics and that her socialist ideal is a recipe for fiscal and economic disaster. But her conservative critics reveal their own economic misunderstanding when they support targeted tax breaks as a means of creating jobs.


https://www.nationalreview.com/corner/r ... uaVj7IfHpQ

Her "Socialist ideals" are mainstream, moderate economic policies in lots of Western countries. She understands economics just fine. If she didn't know what she was talking about she wouldn't have your country's political commentators so rattled.

Not handing out welfare to corporations is more of a free market idea, but I'm glad you and her have embraced that separation of government and business. It's a good first step.

The Democratic Socialist Party believes that government should control the means of production. That is not mainstream in any Western country.

[Maddog]

... They argue that her reaction is yet more evidence that she doesn’t get economics...

Quick check on her educational background. Boston University where she got a degree in... *checks notes*.... economics

What they meant is she doesnt worship THEIR brand of economics which in the borderline religious world of economics is a grand heresy

I didn't write that.

[wutang]

... They argue that her reaction is yet more evidence that she doesn’t get economics...

Quick check on her educational background. Boston University where she got a degree in... *checks notes*.... economics

What they meant is she doesnt worship THEIR brand of economics which in the borderline religious world of economics is a grand heresy

I didn't write that.

Yeah which is why I refered to "they"

[Maddog]

... They argue that her reaction is yet more evidence that she doesn’t get economics...

Quick check on her educational background. Boston University where she got a degree in... *checks notes*.... economics

What they meant is she doesnt worship THEIR brand of economics which in the borderline religious world of economics is a grand heresy

I didn't write that.

Yeah which is why I refered to "they"

Well "they" are wrong. She is supporting the same free market that "they" claim to support.

We had this same battle in my old home town where fake capitalists supported giving the Texas Rangers 500 million for a new stadium and 50 million for a gigantic, tax exempt bar/pub/adult playground.

[wutang]

The Democratic Socialist Party believes that government should control the means of production. That is not mainstream in any Western country.

Do they?

Social ownership could take many forms, such as worker-owned cooperatives or publicly owned enterprises managed by workers and consumer representatives. Democratic socialists favor as much decentralization as possible. While the large concentrations of capital in industries such as energy and steel may necessitate some form of state ownership, many consumer-goods industries might be best run as cooperatives.

https://www.dsausa.org/about-us/what-is ... lism/#govt

These ideas are mainstream in the west - hence a history of large scale workers movements advocating them. Its bread and butter social democracy given a faux-radical veneer to win over younger people.

[Maddog]

The Democratic Socialist Party believes that government should control the means of production. That is not mainstream in any Western country.

Do they?

Social ownership could take many forms, such as worker-owned cooperatives or publicly owned enterprises managed by workers and consumer representatives. Democratic socialists favor as much decentralization as possible. While the large concentrations of capital in industries such as energy and steel may necessitate some form of state ownership, many consumer-goods industries might be best run as cooperatives.

https://www.dsausa.org/about-us/what-is ... lism/#govt

These ideas are mainstream in the west - hence a history of large scale workers movements advocating them. Its bread and butter social democracy given a faux-radical veneer to win over younger people.

OK, they oppose private ownership. That doesn't have to be state control.

In any event, private ownership of property is still the norm in all western countries.

Even Scandinavia is capitalist and nothing like what the Democratic Socialists envision.

[wutang]

OK, they oppose private ownership. That doesn't have to be state control.

In any event, private ownership of property is still the norm in all western countries.

Even Scandinavia is capitalist and nothing like what the Democratic Socialists envision.

But what they advocate it still essentially capitalist. No where to they talk about abolishing wage labour, the commodity form, surplus value, or even the market itself. What they are arguing is to establish is some form of mutualism/syndicalism within the current framework of capitalism; ie "self managed capitalism".