Part of the deal is "narrow mindedness"....

Mississippi will offer a large employer (this, BTW, goes on all over the
place) tax incentives to open their business in a particular area.... The
idea is to offer fair pay for the skills required. Is this a handout? Or is
it a fair trade off for an economic stimulus?

This will decrease unemployment numbers, put people to work for wages that
are fair in terms of skills and knowledge required and, in general,
stimulate the local economy.

Quite a it different from autoworkers that are doing much better (in terms
of wages and benefits) than those people that defend their stance... Ones
wage is one thing... Your wage may be $20 per hour... Your cost to your
wmployer is quite another thing... and, in the case of a UAW employee, your
cost to your employer could be as much as $70 per hour.

Tunnel vision runs rampant in some regions.... even though it is often the
biggest part of the problem.



"Tim" > wrote in message
...
>I don't think this is a loan, is it? It is giving Toyota the money to pay
>these workers wages for 7 or 8 years, from the taxpayer and workers
>themselves. This is what has to stop.
>
> http://www.leadercall.com/opinion/lo...ces_printstory
>
> The strange thing is we will never know whether the huge subsidy of the
> Tupelo Toyota plant is good or bad for Mississippi.
> We know the direct subsidy is $350 million right off the bat. That’s the
> amount Mississippi will borrow to aid the Toyota plant. State officials
> have yet to disclose the amount of future tax breaks. If the Nissan plant
> is a guide, the total subsidy will be about a half billion dollars.
> That’s a big chunk of change for 2,000 guaranteed jobs. State officials
> are already hinting the final job number may be close to 4,000 but that’s
> wishful thinking. Since auto companies have been able to effectively sell
> jobs, it’s doubtful they will deliver any more than their contractual
> obligation.
> So let’s look at the math: a half billion divided by 2,000. That comes to
> a whopping $250,000 per job....