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posted by martyb on Tuesday October 24 2017, @01:40PM   Printer-friendly
from the will-they-even-break-even? dept.

October 19th was the deadline to submit bids to become the host city for Amazon's second headquarters. 238 proposals were submitted:

Amazon.com Inc's $5 billion second headquarters and its promise of up to 50,000 jobs attracted 238 proposals from 54 states, provinces and districts in the United States, Canada and Mexico, the company said on Monday.

Regions and cities in 43 U.S. states from Maine to Alaska, as well as Washington, D.C., submitted bids by the Oct. 19 deadline, Amazon said. The states that did not bid were Arkansas, Hawaii, Montana, North Dakota, South Dakota, Vermont and Wyoming.

Canadian bids came from the provinces of Alberta, British Columbia, Manitoba, Nova Scotia, Ontario and Quebec. Mexican bids emanated from the states of Chihuahua, Hidalgo and Queretaro. Other bidders included Puerto Rico, which is struggling to recover from Hurricane Maria and is in the process of restructuring its sagging finances in court.

Details of the bids, including tax breaks and other incentives being offered to entice the internet retailer, were scarce as some bidders cited competitive reasons or nondisclosure policies.

New Jersey offered $7 billion in tax credits for a Newark headquarters, while Chicago offered $2.25 billion of incentives, including tax credits, property tax breaks, $450 million in infrastructure improvements, $250 million in "Neighborhood Opportunity Funds", and potentially free land. The mayor of Stonecrest, an Atlanta suburb, offered 345 acres of industrial land on which a new city called Amazon could be built, with Jeff Bezos as mayor-for-life.

Also at First Post, NYT, and the Chicago Tribune.

Previously: Amazon to Invest $5 Billion in Second HQ Outside of Seattle
Cities Desperate to Become the Location of Amazon's "Second Headquarters"
Is A Mega-Deal Like Amazon's HQ2 Always Worth It?


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  • (Score: 2, Informative) by Anonymous Coward on Tuesday October 24 2017, @07:14PM (1 child)

    by Anonymous Coward on Tuesday October 24 2017, @07:14PM (#587016)

    Not to belittle your basic point, but since Slick Willie changed the way that "unemployed" people are counted (especially in a depression that has lasted for a decade), the "unemployment rate" has become yet another useless gov't number. [googleusercontent.com] (orig) [shadowstats.com]

    The Labor Non-Participation Rate is what used to be called the Unemployment Rate and is much more useful.
    The "new and improved" method doesn't even get the trend correct. [shadowstats.com]

    -- OriginalOwner_ [soylentnews.org]

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  • (Score: 1, Insightful) by Anonymous Coward on Tuesday October 24 2017, @09:01PM

    by Anonymous Coward on Tuesday October 24 2017, @09:01PM (#587097)

    I guess the only goal is to keep the graft train running as long as possible, the fact that an ever increasing number of citizens realize what is going on seems to not matter. I mean really, who fucks with unemployment stats just to keep people pacified? It is only kicking the problem down the road which inevitably makes it so much worse.