Entrepreneur Kevin O’Leary, known as “Mr. Wonderful” on the TV program “Shark Tank” Friday called New York an uninvestable state.
O’Leary’s remark about the business-killing taxes, regulations and policies were made during a “CNN This Morning” episode broadcast Friday. He further called Rep. Alexandria Ocasio-Cortez a business killing champ, claiming she kills jobs by the thousands.
The “Shark Tank” regular illustrated his explosive remarks about the antagonistic attitude toward business by New York State officials with a personal example.
“The regulatory environment is punitive,” Mr. Wonderful said. “I had a project in Upstate New York behind the grid in Niagara Falls for electricity — a global data center we were building. Eventually, it got so bad with the politicians in the local region and the state policy we moved it to Norway, and all the jobs. Norway has it now — thousands of jobs coming out of that.”
“I mean, that’s New York: uninvestable,” O’Leary added. “Sorry, don’t shoot the messenger. Just telling you the way it is.”
“That’s it: uninvestable.”
Whoa!
CNN co-host Kaitlan Collins tried to soften O’Leary’s remarks by interjecting that NYS officials would probably object to his description of the state.
“I think we’d get some pushback from our elected officials in New York,” Collins suggested.
The network host named the state’s governor, Kathy Hochul, as a likely person to debate O’Leary’s depiction of the Empire State.
“I’ll debate them any time of the day you want, particularly AOC,” O’Leary fired back immediately. “She’s great at killing jobs.”
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“She kills jobs by the thousands,” claimed O’Leary, asking, for instance, where did Amazon take their jobs.
“They took them away from her,” he explained. “She threatened to sue them if they created jobs. I mean, this is a reality.”
Amazon abandoned plans to build a facility that would have employed 25,000 in Long Island City, Queens, citing political opposition. Rep. Ocasio-Cortez celebrated:
“Anything is possible: today was the day a group of dedicated, everyday New Yorkers & their neighbors defeated Amazon’s corporate greed, its worker exploitation, and the power of the richest man in the world,” the Democrat crowed in a February 14, 2019, Twitter post.
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