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Message
re: Sarah Palin: Trump's Carrier deal is 'crony capitalism'
Posted on 12/2/16 at 4:43 pm to VOLhalla
Posted on 12/2/16 at 4:43 pm to VOLhalla
"Inducements" to recruit business has been around
for years. All those auto manufacturers that built
plants in the south didn't come here just for lower wages.
State and local governments put up millions.
Case in point: Continental Tire is soon to start
construction of a $1.5 billion commercial tire plant
near Clinton, Ms. where I live. The state of
Mississippi ponied up $289 MILLION in infrastructure
and tax credits. Hinds county and City of Clinton
ponied up a good bit, too.
That's how the game is played now-a-days.
The plant will have 2500 jobs.
for years. All those auto manufacturers that built
plants in the south didn't come here just for lower wages.
State and local governments put up millions.
Case in point: Continental Tire is soon to start
construction of a $1.5 billion commercial tire plant
near Clinton, Ms. where I live. The state of
Mississippi ponied up $289 MILLION in infrastructure
and tax credits. Hinds county and City of Clinton
ponied up a good bit, too.
That's how the game is played now-a-days.
The plant will have 2500 jobs.
0
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