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by oculusthrift 2767 days ago
>> those claiming otherwise refuse to look at the math and instead want to go with how the deal makes them feel.

its more than a little immature to accuse this of those who disagree with you.

your model relies on the fact that this would all be additional tax revenue that wasn't collected earlier. While a lot of these jobs can be people who already work in NY and simply switch jobs. In addition, it neglects the cost to the govt of servicing this company and all its employees. It also neglects the negative externalities and consequences for current residents (only looking at it through a money lens which is a typical neoliberal fallacy).

2 comments

thats true whether there are subsidies or not.

these are higher paying jobs than current averages no matter how the average is done, using less space than average, and the subsidies pay for themselves.

so............... thats why the model can exist in a vacuum

right but how do you factor in longer commutes for existing residents? or current residents having to move or have their children go to different schools? What is your dollar value on that? and before you say that isn't relevant, thats the exact mindset that brought us trump. valuing the dollar value over quality of life of existing people. it also outsources alot of the quality of life to visa holders instead of residents.
and you think ANY of that is a relevant argument for Long Island City's 3-year residents? LIC is the perfect place to build this. A lot less contrived than when Google bought a block of lower Manhattan for $1 billion back in 2011.

> and before you say that isn't relevant, thats the exact mindset that brought us trump.

is this post copypasta?

I feel like you would recycle this post as a counterpoint for any form of upward mobility in an area.

The model exists in a vacuum because the subsidies make a profit and create minimal overhead.

its more than a little immature to accuse this of those who disagree with you

Indeed. Especially when those who are quick to accuse others of not doing the math themselves are not... really doing the math.