Alexandria Ocasio-Cortez Kills 25,000 Jobs in the Name of Socialism

Alexandria Ocasio-Cortez  Kills 25,000 Jobs in the Name of Socialism

Residents heard the Amazon news with dismay, having looked forward to the global operation’s move into town.

“Think about all the infrastructure and tech jobs and construction jobs and all the support that needs to go in for a campus like that,” said David Katzen, who owns a construction company in the area.

“All those jobs are gone.”

He blames local politicians — many of whom fought the project, saying the state governor and city’s mayor pushed it without their input — whom he accuses of “wanting to make noise.”

“I think it was just a bully pulpit for which local legislators wanted to get up and beat their drums and be heard,” Katzen said.

“And now it backfired on them because they never thought that Amazon would pull out.”

Some 56 percent of New Yorkers were in favor of the project, according to a poll from Siena University, while 36 percent were opposed.

Katzen dismissed claims that the already stretched public transport system would have collapsed under the demands of thousands of new riders.

“They would have adapted it,” he said. “They would have done something else to compensate.”

Some critics had pointed to the risk of gentrification that Amazon would have caused, a prospect John Paul Palace, who moved there a year ago, rejected.

“It’s already gentrified! That’s why I moved here,” he said.

Katzen, whose business has been in “LIC” since 1928, echoed that sentiment: “The people that used to live here were older immigrants; Italian, Irish people.”

“Those people are already gone.”

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S. Jack Heffernan Ph.D. Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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