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The Cost of Corporate Welfare..erm..subsidies


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25 replies to this topic

#1    jugoso

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Posted 03 December 2012 - 07:09 PM

Subsidy Tracker:

A growing number of state governments are disclosing which companies they are giving tax breaks and other subsidies in the name of job creation and economic development. Yet much of that information is being disseminated through hard-to-find reports and web pages. SUBSIDY TRACKER brings together the information from those far-flung sources--along with unpublished data obtained through open records requests--to create the first national search engine for state economic development subsidies. We have also begun to add data from city and county subsidy programs.

http://www.goodjobsf...subsidy-tracker

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#2    jugoso

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Posted 03 December 2012 - 07:25 PM

Sorry but I forgot to add the link which will bring you to the interactive map of the US. Find out how much your state is doling out!!

http://www.goodjobsf...accountable-usa

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#3    Child of Bast

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Posted 03 December 2012 - 07:56 PM

If the states don't provide incentives for the companies to stay put, they will go elsewhere, including out of the country. Doesn't seem fair, but that's the way it goes. Companies (they're people too!!!) essentially have state governments - hell, all governments - by the proverbial balls when it comes to this kind of stuff. They don't care if they provide jobs or not.

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#4    questionmark

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Posted 03 December 2012 - 08:14 PM

View PostLady Kasey, on 03 December 2012 - 07:56 PM, said:

If the states don't provide incentives for the companies to stay put, they will go elsewhere, including out of the country. Doesn't seem fair, but that's the way it goes. Companies (they're people too!!!) essentially have state governments - hell, all governments - by the proverbial balls when it comes to this kind of stuff. They don't care if they provide jobs or not.

See, that is the fallacy number one, now if you buy cheap then don't complain that the local industry produces substandard and if you buy foreign don't complain that your job is going overseas.

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#5    aztek

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Posted 03 December 2012 - 08:32 PM

View Postquestionmark, on 03 December 2012 - 08:14 PM, said:

now if you buy cheap then don't complain that the local industry produces substandard and if you buy foreign don't complain that your job is going overseas.
You seem to have no clue what is the cause and what is the  consequence.

Edited by aztek, 03 December 2012 - 08:37 PM.

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#6    praetorian-legio XIII

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Posted 03 December 2012 - 09:02 PM

I love the corporate CEO's that publically backed Obama's "tax the rich" plan are now all setting up special dividend sales before the end of the year so they only have to pay the 15% rate instead of the new 43% rate, saving and making them each millions of dollars more. What a much of hippocrates.


#7    questionmark

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Posted 03 December 2012 - 09:06 PM

View Postaztek, on 03 December 2012 - 08:32 PM, said:

You seem to have no clue what is the cause and what is the  consequence.

The cause is always the consumer, especially in a consumer driven economy like the good old US of A.

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#8    aztek

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Posted 03 December 2012 - 09:17 PM

lol, sure thing,

like short skirts are reason for rapes.

Edited by aztek, 03 December 2012 - 09:35 PM.

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#9    questionmark

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Posted 04 December 2012 - 01:08 PM

View Postaztek, on 03 December 2012 - 09:17 PM, said:

lol, sure thing,

like short skirts are reason for rapes.

So, who has the power to choose which product to buy and which not? The politicians?

It would become you to use your brain occasionally.

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#10    Babe Ruth

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Posted 04 December 2012 - 01:55 PM

I can see both sides of the issue.  I think some sort of government subsidies on the local level could encourage investment and jobs, but it seems like the process or theory has been greatly abused.  We just had a case of that locally, and now the local government is on the hook for about $20 million after the company when bankrupt.

Really, it seems more like incipient fascism to me.


#11    aztek

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Posted 04 December 2012 - 03:33 PM

View Postquestionmark, on 04 December 2012 - 01:08 PM, said:

So, who has the power to choose which product to buy and which not? The politicians?

It would become you to use your brain occasionally.

lol, it is absolutely irrelevant, and dumb, just like most of the stuff you post.

again it has nothing to do with consumer, research the facts.

did gm almost failed due to poor sales??? no.

did hostess factory closed due to poor sales? no.

but i don't expect you to brush aside your antiamerican conspiracy and see the truth.

go tell your crap to your bees, i'm sure they are good listeners.

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#12    FurthurBB

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Posted 04 December 2012 - 03:47 PM

View Postaztek, on 04 December 2012 - 03:33 PM, said:

lol, it is absolutely irrelevant, and dumb, just like most of the stuff you post.

again it has nothing to do with consumer, research the facts.

did gm almost failed due to poor sales??? no.

did hostess factory closed due to poor sales? no.

but i don't expect you to brush aside your antiamerican conspiracy and see the truth.

go tell your crap to your bees, i'm sure they are good listeners.


What?  Why would you ask such dumb questions and then answer them incorrectly?  Both GM and Hostess suffered from poor business practices and poor sales.


#13    jugoso

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Posted 04 December 2012 - 03:50 PM

View PostBabe Ruth, on 04 December 2012 - 01:55 PM, said:

I can see both sides of the issue.  I think some sort of government subsidies on the local level could encourage investment and jobs, but it seems like the process or theory has been greatly abused.  We just had a case of that locally, and now the local government is on the hook for about $20 million after the company when bankrupt.

Really, it seems more like incipient fascism to me.

I am in total agreement with you on this one BR. The bigger employers are playing the states off of each other and everyone is paying the price. There´s a good 6:00 minute video here about Kansas City and Missouri

http://www.nytimes.c...border-war.html

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#14    questionmark

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Posted 04 December 2012 - 04:08 PM

View PostFurthurBB, on 04 December 2012 - 03:47 PM, said:



What?  Why would you ask such dumb questions and then answer them incorrectly?  Both GM and Hostess suffered from poor business practices and poor sales.

And from planning from quarter to quarter instead of looking ten years ahead... but that is typical for all US business.

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#15    aztek

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Posted 04 December 2012 - 06:05 PM

View PostFurthurBB, on 04 December 2012 - 03:47 PM, said:



What?  Why would you ask such dumb questions and then answer them incorrectly?  Both GM and Hostess suffered from poor business practices and poor sales.
lol, no. unions, google it

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