Do we have to give our water away?
The City of Milwaukee is considering giving free water to businesses that locate in the City and create jobs.
We have a comparative advantage in water and lower water rates than most of the country. This means "water-intensive" industries locating in Milwaukee would pay cheaper rates than they would in alternate suburban or water-starved areas. This is already a cost-savings for business.
The "low-cost" option, reduced rates for a defined period of time (contingent upon job creation and retention over that period) may be understandable as an additional attraction incentive. But completely free water seems a bit much.
In this new era of water wars, a reduced rate, alone, should attract business.
Water is a finite resource. Lets not give it away.
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