Friday, February 8, 2013

Scott Walker gets smackdown from Minnesota governor after job pitch : Ct

Scott Walker gets smackdown from Minnesota governor after job pitch : Ct
"One of the more frowned-upon techniques of economic development is so-called “job poaching,” where states or local governments try to lure companies to jump across municipal or state borders with various incentives or giveaways.

While it might look good for a politician to say he “created 100 new jobs” by getting a company to relocate, the broader net impact is generally minimal. In cases where subsidies are involved, these efforts can actually prove an economic loser for taxpayers."
Read more: http://host.madison.com/news/local/writers/mike_ivey/scott-walker-gets-smackdown-from-minnesota-governor-after-job-pitch/article_335c83ba-7178-11e2-b297-001a4bcf887a.html#ixzz2KKcDlte4