U.S. President Donald Trump said on July 16 that data centers are one of the biggest drivers of future job growth and described them as major revenue generators for the states that host them. In a public post, he said the facilities are large in scale, financially powerful and positioned for long-term growth.
Trump criticized New York Governor for, in his words, ending all data center projects being built or planned in New York State for political reasons. He said companies are now moving to Alabama, Florida, Texas, Arizona and many other states instead.
He argued that the tax revenue and employment tied to data centers amount to substantial economic gains, and said New York had made a bad decision. Trump added that the income and other benefits would now flow to "red states" and some "blue states" that welcome such projects. He also said those states would cover their own utility costs, with remaining funds going back to state governments and local communities.
Trump urged New York to reverse its policy and said the U.S. should not allow data centers, artificial intelligence and related new technologies to end up in other countries.
BlockBeats reported on July 16 that Donald Trump said data centers are one of the biggest drivers of future job growth.
In his post, Trump said data centers are large in scale, financially powerful and have broad prospects, calling them cash cows for the states where they are located. He also said the New York governor had, for political reasons, terminated all data center projects being built or planned in New York State.
Trump said those companies are now moving to Alabama, Florida, Texas, Arizona and many other states. He wrote that the tax revenue and jobs brought by data centers amount to a major stream of income, and said New York had made a bad decision.
He added that the revenue and other gains would flow to what he described as cash-cow red states, as well as some blue states. According to Trump, those states not only have lower taxes but can also create record employment. He said they must pay their own water and electricity costs, while the remaining funds would go back to state governments and local communities.
Trump said data centers represent enormous wealth for the states and communities that secure them. He said New York should change its policy immediately and added that data centers, artificial intelligence and these new technologies should not be allowed to fall into the hands of other countries.
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