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As most may have already seen,  Disney canceled plans for an office complex that was expected to add more than 2,000 jobs to Orange County.

Mind you , this is a 1 billion dollar project.

This right before DeSantis is set to announce and kick off his campaign for the presidency, he sets his sights on the mouse.

I see this as Disney getting a body blow in on DeSantis.

Disney's  timing couldn't have been better.

I just don't think an authoritarian, anti-business candidate will fare very well in Republican circles.

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" In March, Disney called Gov. Ron DeSantis of Florida “anti-business” for his scorched-earth attempt to tighten oversight of the company’s theme park resort near Orlando. Last month, when Disney sued the governor and his allies for what it called “a targeted campaign of government retaliation,” the company made clear that $17 billion in planned investment in Walt Disney World was on the line.


“Does the state want us to invest more, employ more people, and pay more taxes, or not?” Robert A. Iger, Disney’s chief executive, said on an earnings-related conference call with analysts last week.

On Thursday, Mr. Iger and Josh D’Amaro, Disney’s theme park and consumer products chairman, showed that they were not bluffing, pulling the plug on an office complex that was scheduled for construction in Orlando at a cost of roughly $1 billion. It would have brought more than 2,000 Disney jobs to the region, with $120,000 as the average salary, according to an estimate from the Florida Department of Economic Opportunity. "

more:   https://www.nytimes.com/2023/05/18/business/disney-ron-desantis-florida.html


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