Quote:
Originally Posted by McBane
The city and state budgeted for huge giveaways to Amazon. Why not use that money to lure other companies here? If the city is just going to sit and wait for prospective companies to seek out Philadelphia, then they learned nothing. They have to go out there and pitch the city, slash taxes (or at least stop raising them), cut red tape, and stop trying to turn Philadelphia into a progressive utopia.
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Since Philly's offer sheet is still locked up tight I'm just guessing here, but the great give away pot to Amazon probably doesn't include that much in hard cash. Tax credits and offsets in real estate tax, job training and the like would all cost the City money, but much of it is not money they'd have if Amazon doesn't come to town. But who knows---- Personally I hope that Philly's bribe isn't the richest, because Philly can fill Amazon's RFP in ways that few if any other cities can. And if all Amazon is actually concerned about is the size of the bribe, then they can go elsewhere.
If XYZ company is interested in moving to Philly and bringing more then a few jobs with them then they would be wined and dined and be offered a package, but what Amazon claims to be looking for in their H2Q dream is very unique so the bribe they're be offered is probably very unique as well.
But if what you're saying is that Philly should be doing a better job of finding and attracting companies to move here, Da, well sure. They have staff that is suppose to be doing that job full time, but they aren't alone in attempting to land companies. Every city has active development teams, this type of recruitment is an industry unto itself.
Just look at what NJ has been willing to do in Camden, where the State seemingly is willing to do just about anything to get jobs in the City. But after years of effort and huge piles of cash spent what are their successes? A couple of local companies have or are moving into town, plus they have hooked a couple of Pa. companies to cross the river. There is a school of thought that would say this, and similar efforts, has been a very expensive failure and a redistribution of resources to the Corporate world, in as much as these companies once paid taxes, now, not so much. Just think if all those millions had been directed at start up companies and small service companies.
The idea is that Philly needs to think outside the box, and be more actively working to build the next Comcast or some bad 🞵🞵🞵 drug company, and not just waiting for some big company to come knocking. What if they made a public full court press that might take several years, just to try to get Vanguard to double it's size in Philly every year
What "red tape" are you talking about that you think might make the City less attractive to a company looking to move someplace?
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