Rick Perry recently went to California to try and convince some Californian companies to relocate to Texas. I'm sure that incentives were promised, money may have changed hands, and at the end of the day, the Texas taxpayer got screwed by any secret deals.
This morning I was listening to the local radio broadcast out of Early, Texas and they were interviewing someone who I take is concerned with the same concept ... bringing jobs to the area.
I busted out laughing when they said that some new company was looking at a piece of real estate which is located behind the old Coca-Cola plant, near the old Chrysler plant, and down the street from the old John Deere distributor warehouse.
All of those companies were previously given tax breaks and other incentives to come to this area and bring jobs. They did, and we built infrastructure to support them. New schools, parks and playgrounds, another hospital, a stadium, etc. And when some other community offers these corporations a better deal then they move on and we're left with a building nobody else will buy and an increased cost for infrastructure support.
Seems to me some new thinking is needed.
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