The New York Times reports In Amazon Fight, Progressives Showed What They Want: A New Economic Agenda.

The political opposition that prompted Amazon to walk away from building a corporate headquarters in New York City featured a touchstone of the progressives’ economic agenda: ending tax policies that unfairly reward and pamper the wealthy.

The clash has consequences far beyond New York, going to the heart of a national debate that is likely to dominate the 2020 presidential race: What is the best way to spread prosperity?

As Gov. Andrew M. Cuomo fumed that some of his fellow Democrats put “the state’s economic future” at risk, others inside and outside the party saw the scuttled project as evidence that the left doesn’t understand how to generate growth. In a tweet, Lloyd Blankfein, senior chairman of Goldman Sachs, lashed out at progressive Democrats, labeling them as both “anti-progress” and “anti-Democratic.”

Elizabeth Warren

Vs. Lloyd Blankfein

It's important to not let personalities get in the way of sound economics. I do not care at all for Blankfein or the handouts banks got in the Great Recession. But that is no excuse to embrace piss poor policy.

Andrew Cuomo New York Governor

Image placeholder title

Democrats Tear Themselves Apart


Please consider Democrats are Tearing Themselves Apart Over Amazon.

While the battle still rages and analysts study the entrails of Amazon’s decision-making, here’s a thought: What if both sides of the Dem battle are wrong?

The migration of jobs and families out of high-tax, high-cost states has been going on for years, but is becoming a stampede because of the new federal tax law and because of how Democrats are reacting to it.

Throw in the fact that some Democrat-controlled states, especially Illinois and New Jersey, already face huge problems with their civil- service pension funds and it’s obvious that the blue-state model is ­undergoing a major stress test.

Incredibly, the leaders of most are responding in self-defeating ways.

Cuomo and de Blasio forgot that Rep. Alexandria Ocasio-Cortez and her socialist ilk tend to see capitalism in any form as evil. Her side didn’t want Amazon to get taxpayer help and demanded instead that it be forced to contribute millions to schools and subways.

Cities from Seattle to New York are raising taxes, or trying to, imposing minimum wages of $15 an hour and requiring even small businesses to give workers expensive health and vacation benefits.

Simultaneously, many of those same cities are driving up their education and health costs by declaring themselves sanctuary cities for illegal immigrants — in direct reaction to Trump’s push for secure borders.

‘Green Deal’ Space Cadets

New York Post reader David Rabinovitz calls for caution. He says AOC's New Green Deal has chances.

People shouldn’t be so dismissive of the Green New Deal."

His rationale is perfect.

It can be successfully implemented when the Little Green Men come down from outer space.

Mike "Mish" Shedlock

277 People a Day Leave New York

New Yorkers are fleeing the state in droves due to high taxes. The result is an overabundance of homes few can afford.

Affordable Migration: Goodbye Chicago, New York, LA - Hello 5 Cities in Texas

People are leaving LA, Chicago, New York, Miami, D.C. and San Jose, in droves, for places with cheaper housing.

New York to Establish a “Containment Area” With National Guard

New York Gov. Andrew Cuomo calls out the National Guard to create a coronavirus containment area.

Rhode Island Restricts Travel to New York

If you travel to New York you are under a 14-day Rhode Island quarantine when you enter Rhode Island.

Conversations with New York and Atlanta Fed Senior Economists on Their GDP Models

I had had recent phone and email conversations with senior economists at the New York Fed and Atlanta Fed regarding their GDP forecasts.

Cuomo Pledges to Defend New York Against Trump’s "Economic Missile"

To make up for a loss of future revenue attributed to Trump, N.Y. Gov. Andrew Cuomo proposes a cornucopia of new taxes.

State of Emergency in New York, More Die in USA

Gov. Cuomo declares state of emergency and mandates insurers waive testing costs. Two more deaths in US, both Florida.

Bottom 5 "Sinkhole" Cities: New York, Chicago Lead the Way

63 out of America’s largest 75 cities can’t pay their bills, acquired $330 billion in unfunded debt.

Editorial Mistake My Ass: New York Times Made Numerous Serious Judgment Errors

As details emerge in the New York Times Kavanaugh scandal, it's very clear the NYT repeatedly made serious errors