Jan 24, 2018, 3:52 PM

@arkandel said in RL Anger:

In the mean time not only them but everyone is deprived of extra taxes that would cover part of the impact the business has, and over time as the corporation's profit margins wise, everyone else's shrink. The fabled trickle-down effect in the economy is lessened; financial markers might be going up, but personal wealth is reduced for the majority. The middle class taking hits is never a good thing in the long run.

Just because the trickle-down effect is lessened doesn't make it any more real.

The unfortunate reality is that corporations can command those sorts of incentives -- and do. There's no prohibition to do so, and cities would be foolish to not entertain them.

There is a substantial economic impact when a business is lost, and when a business is gained. While it would be preferable that a city not slit its own throat to get a business, having Amazon set their new HQ in a place like Dayton (where I live) would be a major coup. And given how many businesses Dayton's lost (NCR, Mead, Reynolds & Reynolds, etc.), Amazon's decision would be a ridiculous shot in the arm.

I guess I simply find it luxuriant to pay lip service to how wrong the process is -- you're not incorrect -- when the grim reality is that the benefit is demonstrably worth what is described as a "cost."

It's like the progressives who poo-poo Schumer for the deal he struck, which was actually a victory.