Tuesday, August 19, 2008

Companies adding 1,000 jobs

Companies adding 1,000 jobs
"They won't come all at once; some could take as much as five or 10 years to arrive.
But in a region and state hungry for bright economic news, today's announcement that more than 1,100 jobs could be created through expansions by five area companies was hailed by officials from Grand Rapids to the Lakeshore.
The expansions are among 20 statewide expected to receive Michigan tax incentives today that officials say will create 6,853 direct jobs, plus another 2,600 spinoffs."

Certainly good news... if true.
And if the "price" in politically gifted tax incentives isn't too high.

Anyone wanna bet the "new" jobs don't materialize as promised and the taxpayer's tax dollars are given to companies who happen to be political supporters of Gov. Jenny?

If politically target tax incentives are good for some companies, why not ALL companies?

Doesn't this type of "special gifts to special friends" lead to more lobbyists, abuse and illegal bribes to those "gift givers"?

Nah, Jenny and her Jets are too principled.... yeah right.....

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