Is New York finished?
The question, ‘Is New York finished,’ may best be answered with a quote from the movie Gladiator. One of Russel Crowe’s generals asks, when facing a beaten Germanic Army, “Doesn’t an army know when they are beaten?”
Crowe answers, “Would you know? Would I?”
When I tell people that large swaths of New York have more poverty than Medellin, Colombia, they think I’m full of it, but this is essentially why I believe New York is finished. Large tracts of NY are total squalor. Entire towns are falling apart. Populations are being decimated and schools are closing, though no one seems to see this.
I have been in dozens of cities around the world and only Mumbai is as decrepit as Buffalo’s west side, which is why I believe New York is finished.
As governor Cuomo has stated, the incentives that Amazon was offered to build its facility in Long Island would cost the state nothing since 90% of the offer was refundable tax credits based on the number of jobs created and the average salary. Also, the rest of the grant would easily be made up by increases in property taxes.
Accounting is about matching income and expenses.
Amazon’s $1.3 billion in refundable tax credits would be spread out over the life of the business, which means New York would yield back about $150 million a year in direct income taxes on wages and shell out about the same in credits. Those jobs would put $3 billion in annual wages into Long Island.
The credits are high because New York’s taxes are in the stratosphere.
It’s sad that morons like Ocasio-Cortez and Bernie Sanders don’t see this, but these two spoiled malls rats never see anything. The United States are just that; states that are united in a federal system, which means each state has its own tax structure.
New York used to deserve higher taxes because it had better transportation and educational systems, but that is hardly the case today.
This is one reason why New York is finished. New York’s high schools and colleges are, at best, average, yet few people in New York seem to understand this. New York has some of the most poorly ranked colleges in America, yet New Yorker’s still brag about their education system!
This is the kind of hubris we are accustomed to in England, not the USA. After the London tube terror attacks, a very famous British broadcaster boasted, “we stared down the Germans…” I was stunned. They didn’t stare down anybody. The Germans kicked the fucking crap out of England. England lost almost all of its colonies, including Canada and Australia. They lost India and eventually lost Hong Kong. Singapore and ended up begging the US for money because their people were facing mass starvation.
As Vladimir Putin once said, when commenting on the British evacuation at Dunkirk, “this is the first time an Army declared victory after running away from its enemies.”
How is this any different than Ocasio-Cortez declaring victory after Amazon pulled the plug on moving to New York?
British history was written by Brits, but when you read it written by Indians, it’s entirely different. The Brits lost Singapore even though they had 4 to 1 numerical superiority. In fact, they surrendered. According to Indian historians, they simply wouldn’t fight, being accustomed to living a life of luxury with their Indian maids and servants.
How is this any different than New York. Sitting behind its massive treasure trove of fiat money from Wall Street, they don’t need to fight, and rather than compete to get an Amazon, they run away. Their politicians are money skimmers with no real accomplishments. They are taking a victory lap after losing the battle. It’s been estimated that two-thirds of New York’s immigrants are on welfare.
Yet we all sit back and watch Ocasio-Cortez and Sanders take a victory lap.
And compare this to their victory lap about stopping acking. The US has 300,000 oil and gas wells. Tens of thousands of those are fracked. The US is literally swiss cheesed with pipelines, but where is all this so called ‘environmental degradation?’ As usual, more banal stupidity masquerading as intelligence.
New York has become the ‘no you can’t’ state.
As New York has eliminated its oil and gas industry, an industry that made New York rich, they have lost tens of thousands of VERY high paying jobs and billions in taxes and royalties. They desperately need this money to fund their state teachers, police and firefighters pension plans.
Why does it surprise us that they ran Amazon out of town?
They also ran out IBM, GE, a dozen steel plants and tens of thousands of affiliated businesses. Today, in New York, it’s easier to sue an employer than to find a job. This drop in business and decimation of rural New York has caused a sharp drop in population, which means they are about to lose 2 house seats.
Can the idea that New York is finished be any clearer than in the open support of South American socialists?
Juan Manuel Santos of Colombia was paraded around as if he was the next Roosevelt. He won the Nobel peace prize, and within a year, Colombian cocaine production was at an all time high, their jails were emptied, and the crime rate skyrocketed. Hollywood actors stood in line for photo ops with Hugo Chavez. Within a decade, they went from being rich, to starving. They destroyed what is one of the largest oilfields in the world. Now are South America’s largest source of new drug dealers, prostitutes and refugees.
It was built to imprison them. Think of that while you read this. In fact, liberals are always trying to build walls to keep their people in. A few examples are…
- In NY, you pay sales tax on sales out of the state and have to declare them on your tax return. Fail to declare is felony tax evasion. You can’t leave even when you leave.
- In New York, it’s illegal to buy cigarettes on the Native American reservations. You can’t “leave’ to buy cigarettes.
- In many New York cities you must live in the tax municipality where you work. Another wall.
- In New York, if you are here for any reason, you pay taxes on money you make in other places, even out of the country.
The next steps to solve the pension problem will be to deny pension payments to people who move out of state. Believe me, it’s coming.
This is how socialism works. It works because, contrary to Trump’s wall, which will keep people out, socialists create hundreds of berlin walls to keep people in.
This is why New York is finished. People don’t want to be imprisoned.