- Mackenzie Andersen
- East Boothbay, ME
- United States
manager, Andersen Studio
States Competing for Corporate Jobs - a Race Toward Global Feudalism?
Some States are competing for corporate jobs by offering an escalating menu of bribes paid for by the general taxpayers.
The following blog post describes what Maine did to convince Tempus Jets to relocate at a former navy air station , which should be enough incentive to attract an aviation company. Although it isn't quite legal, the government bought Tempus Jets with Pine Tree Zone tax Incentives.
As if that is not enough the bureaucrats are promising more "incentives" in the form of "government backed loans". To most a "government backed loan' signifies that the government will co-sign a loan, begging the question : why would a "world class" company like Tempus Jets need the government to co-sign a loan?
This blog post examines the hidden meaning of "targeted sector economics" new linguistics. speculating that "government backed loan" is code for "keys to the redistribution of wealth tool box".
The economic policies of "targeted sector economics" are covering the massive redistribution of wealth from the public to global capitalists which is egged on by the heated competition between states with big government manged economies.
It is time to reconsider these policies.