Corporate Extortion: States Are Giving Billions to Corporations That Don’t Create Jobs

Beyond the schizophrenic spectre of congressional negotiators saying no to spending, as governors are offering mountains of cash, is a maddening reality: these taxpayer subsidies do not create the promised jobs or investments, a series of striking academic studies have found. All they do is boost bottom lines by cutting corporate costs.

Steven Rosenfeld, AlterNet

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