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Disney cancels plans to relocate 2,000 jobs to Florida

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Re: Disney cancels plans to relocate 2,000 jobs to Florida

#11
post #3

The veiled threat of, "We have plans to invest $17 billion and create 13,000 jobs [in Florida] over the next ten years. I hope we’re able to do so." is interesting. Disney is making it clear that this is potentially only the beginning.

I wouldn’t call it veiled, or even much of a threat for that matter. It’s a rational actor plainly stating facts that are readily apparent to everyone. There’s no good reason why the corporation should make any future significant investments in a state where the legal and regulatory regime is not only unpredictable but currently openly hostile.

They’ve got a pretty, pretty big sunk cost in the state, so it’s not like they’re going to pick up and move, but it seems like it would be a pretty poor use of company resources to spend more than necessary in Florida right now.

Re: Disney cancels plans to relocate 2,000 jobs to Florida

#12
post #8

Both a sensible business move and the right thing to do. If they could magically roll up the entirety of WDW and relocate it elsewhere I suspect they would.

Where are they going to go, California? Unless they get huge tax breaks and some open land to expand on I doubt it.

Re: Disney cancels plans to relocate 2,000 jobs to Florida

#13
post #7

To me, investing in FL is a long term looser, not because pf politics but because of Climate Change. It has been there for a bit over 50 years, 50 years from now, the potential exists that it will be a place only mermaids can visit.

Someone pointed out that lack of growth is treated as decline in our culture/economy. So the threat of climate change in Florida is that real estate prices will stop growing - that breaks a fundamental assumption - line goes up - and that drives a race to the exit. So far this has only happened in some localities, so we'll see.

If my house is underwater fiscally, it may as well be underwater with the fishes.

Re: Disney cancels plans to relocate 2,000 jobs to Florida

#14
post #2

DeStantis' statements made it obvious this is political retaliation for speaking out against his legislation. I don't particularly care for either party, but Florida taxpayers are going to end up paying the bill both in settlement money and in lost jobs due to the government open hostility / retribution towards their first amendment rights. https://reason.com/2023/05/16/ron-desantis-confirms-again-th...

[flagged]

> Teachers preying on kids in school? First Amendment right!

Got any sources or references I can read that backs this up?

Re: Disney cancels plans to relocate 2,000 jobs to Florida

#15
post #8

Both a sensible business move and the right thing to do. If they could magically roll up the entirety of WDW and relocate it elsewhere I suspect they would.

Where are they going to go, California? Unless they get huge tax breaks and some open land to expand on I doubt it.

They're not going anywhere because as GP pointed out, they can't actually magically roll up WDW.

Re: Disney cancels plans to relocate 2,000 jobs to Florida

#17
post #2

DeStantis' statements made it obvious this is political retaliation for speaking out against his legislation. I don't particularly care for either party, but Florida taxpayers are going to end up paying the bill both in settlement money and in lost jobs due to the government open hostility / retribution towards their first amendment rights. https://reason.com/2023/05/16/ron-desantis-confirms-again-th...

[flagged]

There are no teachers in Florida trying to turn your kids gay.

Re: Disney cancels plans to relocate 2,000 jobs to Florida

#18
post #2

DeStantis' statements made it obvious this is political retaliation for speaking out against his legislation. I don't particularly care for either party, but Florida taxpayers are going to end up paying the bill both in settlement money and in lost jobs due to the government open hostility / retribution towards their first amendment rights. https://reason.com/2023/05/16/ron-desantis-confirms-again-th...

[flagged]

[deleted]

Re: Disney cancels plans to relocate 2,000 jobs to Florida

#19
post #2

DeStantis' statements made it obvious this is political retaliation for speaking out against his legislation. I don't particularly care for either party, but Florida taxpayers are going to end up paying the bill both in settlement money and in lost jobs due to the government open hostility / retribution towards their first amendment rights. https://reason.com/2023/05/16/ron-desantis-confirms-again-th...

[flagged]

> Kids praying in school? Violation of church and state. Teachers preying on kids in school? First Amendment right!

Everything's so simple when you just live in a fantasy world.

Re: Disney cancels plans to relocate 2,000 jobs to Florida

#20
post #8

Both a sensible business move and the right thing to do. If they could magically roll up the entirety of WDW and relocate it elsewhere I suspect they would.

Where are they going to go, California? Unless they get huge tax breaks and some open land to expand on I doubt it.

Georgia has a similar climate and is significantly more politically moderate.
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