I knew we were giving a lot of money to corporations, but this well
documented series puts a price tag on the amount. It talks about how
transnationals pit one agency, state or area against another for tax breaks
and subsidies. This is much more widespread and common than anyone ever
The study goes on to explain how ineffective this welfare is in creating
jobs, citing subsidies of $50,000 to $100,000 and up for each job created.
It goes on to explain why these jobs would have been located in the area
with or without subsidies.
Next week's article deals with externalities, the hidden cost of production,
that the transnationals are so good at cashing in on. Free market
capitalism says that you must clean up after yourself, and not leave it for
the public to deal with. That is called socialism.
So check it out, see what this 2 year study has to say about welfare.
To Unsubscribe: Email firstname.lastname@example.org with "unsubscribe sanet-mg".
To Subscribe to Digest: Email email@example.com with the command