The ONLY reason to care about the "economy" is the secondary benefit it provides the "taxpayers". The health of economy and the people should never be weighed against each other.
Sure, lets analyze who benefits. The US benefits from national security by having a semiconductor plant in the US. The local economy benefits in Taylor Texas. Companies benefit from having a close semiconductor plant. People benefit from low cost chips. I think you may be advocating for more welfare analysis, which I completely agree with.