Jack Kemp

America's Odious Child: New York, New York

A.O.C.: This week saw a twenty-nine-year-old Congressperson celebrate Queens, New York losing at least 25,000 future high paying jobs. She claimed credit for and celebrated the decision of Amazon not to move into Queens, New York. Queens is immediately next to her congressional district.

In an interesting equation, Queens will lose slightly more than one and one-half jobs for each primary vote Ms. Cortez received in her congressional primary race.

The loss of 25,000 Amazon jobs will remove an estimated $3.75 billion dollars of annual salaried income from Queens and eliminate a reasonably forecasted annual economic impact of perhaps $8.6 billion in and around Queens. Over the next decade, the loss of economic impact in and around Queens could equate to nearly $100 billion. (The Congressperson with the economics degree from Boston University should be able to explain the economic concept of output multiplier.)

Posted by: Timothy Birdnow at 02:20 PM | No Comments | Add Comment
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