Quote Originally Posted by gimmick View Post
I now have an half an idea what you've been talking with AOC and NY.

You don't gain anything, when States/Cities compete with each other using tax incentives to companies, as a nation. It merely subverts more resources to very few. If, you're in favor of corporate socialism, this is a great way to strengthen that. You can even sprinkle stupid math to it to make it look like a net positive.

Say Charlie and Montgomery compete with each other on who gets Rosemary's action. Charlie offers 3 billion and Montgomery offers 2 billion. The value of Rosemary's action is 27 billion. When Charlie "wins" that's a gain of 24 billion, right. Nope. If, Rosemary doesn't have a choice but to choose one of the 2, then paying her 3 billion to make that choice is a loss of 3 billion.

If, that's not clear, then lets say after the Rosemary deal, Mathilda offers her action worth 27 billion to highest bidder. This time Montgomery wisened from the past offers 3 billion and "wins" 24 billion. Now we've made 48 billion. Chaching. Nope. Had Charlie and Montgomery avoided competing with each other they would have 54 billion as a result. It's as if they'd made 6 billion by doing nothing. It's because they would have made 6 billion more by doing nothing.
that's great conceptually, but in the real world, rosemary does have other choices -- much like every company does when choosing where to incorporate or reside (which is why trump's MAGA ideas will fail).

rosemary can go somewhere else like amazon will, if it wants to.

how has new york benefitted by her principled stance?