
Gov Perry takes flack for $40 million subsidy to get Toyota — NY Gov Cuomo gives a billion+ to a shaky start-up and likely will win praise from MSM
SUMMARY: Texas Governor Perry unwisely channeled $40 million of state aid to Toyota to move their HQ and 3,000 employees from California to Texas. New York Governor Cuomo just gave a solar company (a company with unproven technology that’s never netted a penny profit) over a billion dollars of taxpayer money. http://online.wsj.com/articles/elon-musk-scores-again-1411944767 Guess which governor the press castigated, and which one likely will be — if anything — praised by the MSM for his insightful expenditure of OPM. —————-
Periodically liberal pundits dump on Texas and its governor Rick Perry for “stealing” liberal states’ businesses with subsidies. While I agree with the fundamental complaint — I think government should not be in the business of subsidizing businesses, or picking winners and losers — it’s fun to look at the double standard of these myopic critics when… Read More