Monday, October 7, 2019

Do As I Say, Not As I Do

Strauss, Amazon projects force local competition questions
“I’m told there was an informal agreement that no municipality would poach from each other,” Franklin Mayor Steve Olson told the Milwaukee Business Journal. “I’m not sure that’s the case any more.”
That's rich. Suburbs, like Franklin, exist because of poaching.  Suburbs were happy to offer 'economic incentives' to attract formerly good paying jobs and companies away from the central city.  Now that cities are seeing a resurgence and can compete, the suburbs are pretending this (economic development incentives) is some new occurrence.  Perfectly fine when they do it ... but when it happens to them, not so much.

For Further Reading:
Corporate Tax Breaks
Failure of Economic Development Incentives
Grading Places
Industrial Incentives
Rethinking Growth Strategies
Tax and Spending Incentives and Enterprise Zones
The Great American Jobs Scam
Economic Development, Tax Incentives and The Plutocracy It's Creating

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