> And would the employees of these businesses earn on average equal to or greater than the average NYC Amazon employee?
Does it matter? If they earn enough to live and spend locally then isn't that good enough?
Some Amazon employee giving a developer an extra 1000 bucks a month for a luxury apartment and getting their food delivered instead of going to the store isn't exactly an amazing economic benefit.
Are you sure? 25,000 employees * 12 months * 1000 = 300 million in economic activity.
Obviously not all 25000 employees would get an extra 1k, but the point being...these things can scale significantly when you're talking about Amazon. It's not a trivial thing for SMBs to fill the void that Amazon is leaving.
Does it matter? If they earn enough to live and spend locally then isn't that good enough?
Some Amazon employee giving a developer an extra 1000 bucks a month for a luxury apartment and getting their food delivered instead of going to the store isn't exactly an amazing economic benefit.