Should we?
“An expert is not someone who gives you the answer. It is someone who asks you the right question.”
Do we agree?
Economic development incentives began as an attempt to get companies to invest in areas of most need. Is there a reason people on the Left and the Right are both skeptical? Are people on the Left and the Right both right at the same time?
Need or Want?
The analysis says it “brings investment” and therefore it “works.” It began in an attempt to target investment in areas of most need. It’s sold as a way to support upward mobility. When is the goal to bring investment and tax revenue? It’s Want over Need.
Should we?
In the long run, we all don’t win when we give economic development incentives to private companies. We cover a company’s overhead making the naturally-occurring income gap worse. Economic development is effective and efficient only when partnered with nonprofit investment.
We all win.
