- Subsidizing an employer in any particular town or state may result in job gains there, but the overall economy doesn’t grow as fast as it would without that kind of subsidy, in part because some taxpayers’ money gets diverted from public investments such as education or transportation networks.
- How Corporate Giveaways to Applebee’s, Sears, and Other Companies Suck the Lifeblood from Your Community
Lee Schafer, Minneapolis (MN) StarTribune
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January 11, 2014 | Not every company adding high-skill jobs gets any attention from Gov. Mark Dayton.
In December, the governor helped announce Price Mechanical’s new 12,000-square-foot design center in Maple Grove, being built for up to 40 jobs, having previously flown to its hometown of Winnipeg for the sole purpose of pitching our state to Price.
He has yet to stop by Check Engine Express in Minnetonka, although it has a new 13,000-square-foot facility about a year old and plans to add to payroll this year, too.
Lee Schafer, Business columnist, came to the Star Tribune after 15 years as a corporate officer, consultant and investment banker in the Twin Cities. He has been a columnist for Twin Cities Business magazine and was senior editor for Corporate Report Minnesota.
How Corporate Giveaways to Applebee’s, Sears, and Other Companies Suck the Lifeblood from Your Community, Kenneth Thomas, Alternet
- They promise jobs, but leave dilapidated schools and crumbling roads in their wake.
- A growing trend
- NAFTA, Twenty Years After: A Disaster