High-Paying Jobs Alone Won't Save Big Cities
The specters of white worker angst and racial disparities that took center stage during the 2016 presidential election created conditions for a corporate hero to swoop in and make America great again.
Enter Amazon CEO Jeff Bezos stage left.
The tech mogul and newspaper owner has big-city mayors outstretching their arms for the possibility of accommodating and hosting Amazon’s “H2Q” headquarters. The company’s request for proposal (RFP) pronounced that HQ2 will hire 50,000 people for an industry that is positioned to propel cities towards the “next economy,” according to research by the Brookings Institution. The average annual salaries of HQ2 employees will exceed $100,000. Amazon expects to outlay $5 billion in capital expenditures, an amount that could build a small Gotham.