Barry Ritholtz: “Before we determine who killed Amazon’s HQ2, let’s note who did not: It was not the progressives or the Anti-ICE lefties. No, the Socialists have not taken over America. The biggest opponent to Amazon HQ2 in NYC was not from the new Congressional class, all they did was make some noise, and little to do with what actually mattered. It was not, to the chagrin of Fox News, AOC or Elizabeth Warren, or anyone else in Congress. All of the incentives for this were State + City, not Federal. Congress literally had no say on this.”
“Spoiler alert: It was Jeff Bezos. He belatedly realized the political landscape had changed, and decided he was unwilling to engage further. He did not want to deal with it or be embarrassed. Full stop.”
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