L.A. loses bid for Amazon HQ2 and thousands of possible jobs. Here’s why some experts are relieved
L.A. loses bid for Amazon HQ2 and thousands of possible jobs. Here’s why some experts are relieved
- November 13, 2018
- Ami Glazer, economics, via The Los Angeles Times, Nov. 13, 2018
Economist Amihai Glazer, director of UC Irvine’s Program in Corporate Welfare, sees political opposition to Amazon growing since the HQ2 announcement. “Firms are facing pressure when they grow too large,” he said. “They’re blamed for political ills. Seattle’s city council tried to tax Amazon to pay for homelessness. In Anaheim, a successful ballot initiative to raise wages was aimed at Disney.”
For the full story, please visit http://www.latimes.com/business/la-fi-amazon-california-20181113-story.html.
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