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by IfOnlyYouKnew
1480 days ago
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Subsidies such as this are a net-loss for the average citizen of Germany and whatever country would have otherwise been host to this factory. It may well be in the interest of the German citizen, and it happening means that this is indeed the believed by people who studied the specifics. A better example for wasteful subsidies may be the competition for their new HQ Amazon ran between US cities, only to place it where they wanted to go in the first place. There, as well as in the Intel case, a deal prohibiting competition by subsidy would be in everyone's interest. |
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