Am I talking about moms in mink coats driving Cadilacs and having babies for money? Nope. I’m talking about corporate welfare. Here is a close up look at the handouts that have been going on in broad daylight; and most of the numbers are from the Clinton boom years, when there wasn’t even a pretense of an excuse.
Good Jobs First‘s list of these case studies include:
Biotechnology: This industry is regarded by many economic development officials as the key to local prosperity, and thus they are willing to shower subsidies on new projects.
Private prisons: Operators of for-profit correctional institutions not only receive lucrative operating contracts from government agencies, but they also get financial help to build new facilities.