Here is another example of the folly and mismanagement of public funds when government tries to skew economic matters for the benefit of a favored group or entity. In this case $150,000 per job was to be paid by all taxpayers to a company for investment and employment. Now that promise appears to evaporate into the ether. What makes those jobs more valuable to all citizens than the jobs created or continued by small and medium businesses?
I would posit that the payment of bribes (which is what they are) to select businesses with taxpayer money hurts the business climate as a whole by artificially raising taxes for all other businesses (and individual taxpayers as well). When will politicians realize that lowering tax rates for all and creating a favorable business climate for all creates far more jobs, employment income and tax revenues than the government trying to cherry pick the winners and losers in an economic lottery based on misguided largess?
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