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 New York Lawmaker Begs Goldman Sachs Not to Go to Florida: ‘Please Don’t Leave Us’

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New York Lawmaker Begs Goldman Sachs Not to Go to Florida: ‘Please Don’t Leave Us’ Vide
PostSubject: New York Lawmaker Begs Goldman Sachs Not to Go to Florida: ‘Please Don’t Leave Us’   New York Lawmaker Begs Goldman Sachs Not to Go to Florida: ‘Please Don’t Leave Us’ Icon_minitimeTue Dec 22, 2020 5:00 pm
New York and California have created climates hostile to capital, markets, and entrepreneurs. Fortunately, they are not the only game in town.

democrats

Rep. Thomas Suozzi’s message to the (likely) soon-to-be departing financial firm Goldman Sachs had the sound of an 80s love ballad: don’t go, baby.

“Please don’t leave us,” the New York congressman said on CNBC following news that the multibillion-dollar investment bank is likely to bolt New York City for Florida. “We’re in a desperate time in New York right now. We need you. You’re important to us. We want you to stay.”

There’s no question that New York’s situation is desperate. The state was facing a $13 billion budget deficit and an exodus of people before the coronavirus arrived. The pandemic, and the draconian and bungled response to it from lawmakers, has only made the situation worse.

The 36,000 New Yorkers who died with or of the coronavirus is a higher death toll than 95 percent of the countries in the world, in large part because of Gov. Andrew Cuomo’s order that forced nursing homes to admit discharged COVID-19 patients. Meanwhile, government efforts to slow the spread of the virus have ravaged the state’s economy.

https://fee.org/articles/new-york-lawmaker-begs-goldman-sachs-not-to-go-to-florida-please-don-t-leave-us/?utm_source=Social&utm_medium=Twitter&utm_campaign=2020_FEEDotOrg

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New York Lawmaker Begs Goldman Sachs Not to Go to Florida: ‘Please Don’t Leave Us’

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