It's sad watching cities fall over themselves to give Amazon (a half a trillion dollar company) a handout. Handouts no one can afford.
> (but where cities take the hit if the company town fails)
As a country [1], states [2], and many municipalities [3], we're very much insolvent as it relates to future obligations. Could we please stop supporting reckless behavior making it worse?
Because it doesn't work for sports stadiums. It works in the sense of corporate welfare, but it is not a net gain for the community.
https://www.brookings.edu/blog/brookings-now/2016/09/09/top-...
http://www.pbs.org/newshour/rundown/public-money-used-build-...
https://www.forbes.com/sites/jeffreydorfman/2015/01/31/publi...
https://www.youtube.com/watch?v=xcwJt4bcnXs
It's sad watching cities fall over themselves to give Amazon (a half a trillion dollar company) a handout. Handouts no one can afford.
> (but where cities take the hit if the company town fails)
As a country [1], states [2], and many municipalities [3], we're very much insolvent as it relates to future obligations. Could we please stop supporting reckless behavior making it worse?
[1] https://www.washingtonpost.com/news/fact-checker/wp/2013/10/...
[2] https://www.bloomberg.com/graphics/2017-state-pension-fundin...
[3] https://govrank.org/research/researchText/61