Media Plays Catch Up to CapCon Again

Finally covering corporate welfare failure 15 months later

The legacy media is finally getting around to covering a story Michigan Capitol Confidential reported 15 months ago.

The Detroit Free Press and MLive, among others, are reporting that recipients of corporate welfare have come up short of expected job creation numbers and an audit found that the agencies doling out the money did not accurately keep tabs on the program.

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See also:

'Green' Company Awarded Up to $120 Million Promises 70 Jobs — Creates Just Three Jobs in Three Years

The State as Venture Capitalist: Michigan Fund Loaned $7.7 Million, Creates Only 20 Percent of Promised Jobs

Government-Backed Green Energy Company Sweetens Package For Top Executives Despite Mounting Problems

Video Shows President Obama, Top Politicians Praising Failed Green Company

Subsidized Green Energy Company Struggles, Lays Off Workers — Rewards Top Executives

It's Not Easy Subsidizing Green

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