Second, run a transparent competition to determine where to place new technology hubs. By generating a frenzy of bidding for its HQ2, Amazon recently demonstrated how many communities desperately want more good jobs. (Amazon founder Jeff Bezos also owns The Post.) In contrast to that kind of race to the bottom, which costs taxpayers about $50 billion per year in self-destructive aggregate subsidies, our proposed competition would encourage federal-state-local co-investments in education, infrastructure and housing. Where the government invests, businesses quickly follow. (A strategy for affordable housing will also be needed — the goal is to create opportunities for local people, not to price existing residents out of the local market.)