Center for Economic Accountability (@accountableecon) 's Twitter Profile
Center for Economic Accountability

@accountableecon

Transparency, accountability and market-based reform of state & local economic development programs across America. Pay for your own damn stadium.

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linkhttp://www.EconomicAccountability.org calendar_today14-06-2018 14:57:18

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John Mozena (@johnmoz) 's Twitter Profile Photo

When it comes to Michigan's unemployment numbers, never forget that every year we're among the three or four most aggressive states in handing out massive corporate welfare subsidies in the name of 'job creation' that somehow never manages to show up.

When it comes to Michigan's unemployment numbers, never forget that every year we're among the three or four most aggressive states in handing out massive corporate welfare subsidies in the name of 'job creation' that somehow never manages to show up.
John Mozena (@johnmoz) 's Twitter Profile Photo

The thing to understand about this scandal is that the Michigan Economic Development Corporation is operating as designed. Michigan's politicians and 'business leaders' have created a system where they and their cronies are the ones writing the checks, cashing the checks & doing oversight, all at taxpayer expense.

Good Jobs First (@goodjobsfirst) 's Twitter Profile Photo

Kentucky taxpayers could be subsidizing data centers twice: first, to build and equip them, and then, in the former of higher energy bills to satisfy their almost insatiable energy demand, John Mozena writes. courier-journal.com/story/opinion/…

John Mozena (@johnmoz) 's Twitter Profile Photo

New York City's economic development programs ($100 million in avgas sales tax exemptions for airlines?) are a textbook example of MLK's line about "socialism for the rich, and rugged free-market capitalism for the poor."

John Mozena (@johnmoz) 's Twitter Profile Photo

👉Corporate welfare isn't socially responsible👈 That's the main point of a new report from Richard Morrison and myself published today by Competitive Enterprise Institute. In it, we propose a new way to think about interactions between governments & businesses in the name of "economic development."

👉Corporate welfare isn't socially responsible👈

That's the main point of a new report from <a href="/RichardMorrison/">Richard Morrison</a> and myself published today by <a href="/ceidotorg/">Competitive Enterprise Institute</a>. In it, we propose a new way to think about interactions between governments &amp; businesses in the name of "economic development."
John Mozena (@johnmoz) 's Twitter Profile Photo

The price tag to Michigan's taxpayers for this plant was reportedly going to be ~$22 billion. That's more than the entire state's annual General Fund budget, or more than an entire year's worth of the School Aid Fund. How did anyone think this is a good idea?

Center for Economic Accountability (@accountableecon) 's Twitter Profile Photo

Michigan's Attorney General on the state's economic development agency: “Each day we learn new things about this agency that lead me to believe that, until there's better oversight, perhaps they shouldn't be receiving any state funds at all.”