http://www.cnn.com/2018/01/20/opinions/a...rbing-richard-florida-opinion/index.html
The disturbing part about Amazon's HQ2 competition
Richard Florida
(CNN)Amazon's short list of contenders for its much ballyhooed HQ2 reads like a who's who of the most economically vibrant and dynamic cities in North America.
Of the 20 cities still being considered, seven are located in the Boston-New York-Washington corridor, with two in New York and three in the DC metro area. The entire list of 20, which includes superstar cities like LA, Chicago, Boston, Philadelphia and Toronto; emerging powerhouses like Miami, Atlanta, Nashville, Dallas and Denver; and smaller metros like Austin, Pittsburgh, Columbus, Indianapolis and the North Carolina Research Triangle, consists almost entirely of the winners of our "winner-take-all" urban system.
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My own sense is that about five of the 20 cities -- large places with great universities and global gateway airports -- are really serious contenders for HQ2.
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Right behind New York and DC, I'd place Boston, Chicago, and Toronto. As the home of Harvard and MIT, Boston is a considerable talent magnet. Chicago is the nation's third largest metro, behind New York and LA, and a great headquarters city in its own right. The city was once home to Sears -- the Amazon of its day and a company that has long fascinated Bezos.
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But, there's one part of Amazon's HQ2 competition that is deeply disturbing -- pitting city against city in a wasteful and economically unproductive bidding war for tax and other incentives. As one of the world's most valuable companies, Amazon does not need -- and should not be going after -- taxpayer dollars that could be better used on schools, parks, transit, housing or other much needed public goods.
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Indeed, many of the leading shortlist cities are led by progressive mayors, including some with national political ambitions like Eric Garcetti in LA and Bill de Blasio in New York, as well as Bill Peduto in Pittsburgh, Muriel Bowser in DC, Rahm Emmanuel in Chicago and Ras Baraka in Newark. The truly progressive thing to do is to forge a pact to not give Amazon a penny in tax incentives or other handouts, thereby forcing the company to make its decision based on merit.
That would be something that would truly benefit the winning city -- and the rest of us as well.