“None of these deals have delivered what was originally announced. Two created only vacant fields. Two were canceled altogether. One deal has only a largely unused facility to show for it. Two others merely supported ongoing operations at existing auto plants that did not expand their operations. The most promising developments resulting from these deals are two battery plants that are still under construction but have already reduced their job targets from original expectations.” Michigan’s $1.8 BILLION jobs initiative only created 602 jobs—that’s $3 MILLION
per job: reporthttps://t.co/lpeKRKBw9s A new report on business subsidies in Michigan adds to the evidence that corporate welfare is a bad economic bet.https://t.co/ybFey7ORHB Michigan spent $1.8 billion and only created 602 jobs.https://t.co/MBDe4BhLIX Let’s talk about “economic development” in Michigan.Governor @gretchenwhitmer promised that taxpayer-funded corporate subsidy deals would create 20,595 jobs for Michiganders.Sounds impressive.Now let’s look at reality.Jobs promised: 20,595Jobs delivered: 602Jobs still… pic.twitter.com/YPtC4w23N7 $1.8 billion spent. 602 jobs created. Just 3% of what was promised. A new report says Michigan taxpayers aren’t getting the return
they were promised from Gov. Whitmer’s biggest corporate subsidy deals in a new eye opening study from @JamesHohman pic.twitter.com/qMlD8OMaGa
Michigan, Whitmer, jobs plan, corporate subsidies, economic development, battery plants, auto plants, 602 jobs, 20,595 jobs, $1.8 billion