If you want to feed sparrows, you can do it either by spreading the feed right on the ground, or by feeding the horse and letting the sparrows pick through what is left behind. Everyone knows which is more efficient.
Everyone except most current Michigan lawmakers and “economic development” officials.
To encourage economic growth, government can set low tax rates for everyone, so that everyone pays their share and more people keep more of what they earn. Or legislators can choose to tax everyone more, send the money to state government, then let bureaucrats and politicians pick and choose a few to get subsidized.
Over the past few years, state legislators have approved hundreds of millions of dollars for select corporations – most notably a few large auto companies. Nearly $2 billion has been appropriated for just one program that hands out special perks, despite a record of failure when it comes to job creation. That’s on top of the $18.6 billion lawmakers have handed out over the past 20 years.
Not all curling centers in the state got government funding – just a few. The rest of the housing projects didn’t get favors. Other senior centers, zoos and museums weren’t favored. The rest of the private foundations had to raise money on their own. And all the other Little League families paid more money while just one town got these government goodies. Everyone else paid more so a few entities chosen by lawmakers could pay less.
Lawmakers themselves profit from these deals – not necessarily financially, but through press releases and by favoring special interests who in turn support them come election time. That’s why these programs continue, despite the lack of evidence for positive economic affects.
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