Political Math and Creative Accounting
Amazon recently had to abandon a major construction project in New York City because of various political protests. It's a great illustration of how politicians do math. We have to get a few basic viewpoints and then we'll look at how the math is done. New York Governor Andrew Cuomo posted an "Open Letter From New York State Budget Director Robert Mujica Regarding Amazon" on his website last week. Here are a few pieces from it. - - - - - - - "In my 23 years in the State Capitol, three as Budget Director, Amazon was the single greatest economic development opportunity we have had. Amazon chose New York and Virginia after a year-long national competition with 234 cities and states vying for the 25,000-40,000 jobs. For a sense of scale, the next largest economic development project the state has completed was for approximately 1,000 jobs." ... "Incredibly, I have heard city and state elected officials who were opponents of the project claim t