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Today, Explained

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Today, Explained

Vox

Politics, Daily News, News

4.3 • 10.3K Ratings

🗓️ 20 February 2019

⏱️ 25 minutes

🧾️ Download transcript

Summary

Amazon decided on two headquarters: one in New York and the other in Arlington, Virginia. One deal fell apart, the other just might work out perfectly. Today, Explained’s Noam Hassenfeld finds out why. ************** Clarification: We noted that New York offered $3 billion in subsidies to Amazon. We have clarified that this was a mix of both cash grants and tax incentives. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Hello, person listening to this podcast. You know the drill right here. There's usually an ad and

0:05.6

that ad precedes the podcast and also pays for it and then you get the podcast for free.

0:13.8

Now today we're doing something a little different. The people who get us ads for the show

0:18.4

would love to know a little bit more about you. Not in a creepy way, in a totally normal,

0:25.1

anonymous way. And the whole reason is the more they know about who's listening to the show,

0:31.0

the easier it is for them to go get advertisers for the show. So if you'll do a huge solid,

0:35.8

go to pod survey dot com slash explain and take a super quick anonymous survey. There's even a

0:42.0

chance to enter to win a hundred dollar gift card at the end. It's P O D S U R V E Y dot com slash

0:48.8

explained pod survey dot com slash exp L A I N E D. Thanks for your help.

1:01.4

Welcome you here. It's part of the agreement. Amazon is going to go through a brief training

1:06.4

program to adopt a New York accent, which is part of the MOU. It was unexpected. I think for all

1:13.5

of us because that was no something that was in any headlines. This is the largest economic

1:18.9

development initiative that has ever been done by the city or the state or the city and the state

1:28.5

together. Believe it or not. The announcement that the governor and the mayor did in November

1:34.7

came with this goodie bag of three billion dollars average salary of over one hundred and fifty

1:42.4

thousand dollars. It was really concerning to many people when we were told that there is

1:48.3

no enough money for us to be able to address the needs of our communities right now. We're looking

1:53.3

at it up to an eight million square foot campus on Long Island City's waterfront. And immediately

1:59.9

we just reached out to the communities in the neighborhood in Long Island City to hear where

2:04.4

they are at and how they felt about this announcement. Either you are creating jobs or you are losing

2:10.4

jobs. Either you are part of the economy of tomorrow or you're part of the economy of yesterday.

2:16.4

And clearly folks who were in that neighborhood were really afraid and concerned what this big

...

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