Amazon Was Never Going to Choose Detroit
“If made, it is a decision that reflects the winner-take-all nature of the American economy. It is not just that the richest people have pulled away from the 99 percent, but that the richest places have pulled away from the rest of the country, too. In the past few decades, a handful of urban areas—D.C., New York, San Francisco, Houston, Seattle, and Boston among them—have contributed more and more to growth and absorbed more and more wealth. Just five metro regions, out of the nearly 400 across the country, produce more than a quarter of all economic output; allowing more Americans to move to high-productivity cities would increase economic activity by more than $1 trillion, economists estimate.”