By John C. Mozena General Motors is closing its Arizona IT Innovation Center in Chandler, Ariz. and eliminating 940 jobs there in an object lesson on government “economic development” programs’ ineffectiveness in the face of business reality. The short and tragic history of GM’s subsidized hit-and-run in Chandler should be a wake-up call for taxpayers … Continue reading Learning the Lesson from General Motors’ Subsidized Hit-and-Run in Chandler, Ariz.
In National Review's "Capital Matters," CEA President John Mozena used the announcement that EV automaker Lordstown Motors had filed for bankruptcy to tell the tale of an Ohio auto assembly plant that epitomizes the futility of politicians and bureaucrats trying to overcome business realities with taxpayer-funded subsidies. The recent announcement that the artisanal-EV-pickup-truck manufacturer had … Continue reading Column in National Review: Ohio’s Long-Running Corporate-Welfare Farce Takes Another Absurd Turn
CEA President John Mozena joined the Cato Daily Podcast to talk about one Louisiana city's decision to subsidize the one-stop-shop retailer Buc-ee's at the expense of taxpayers, existing local businesses and common sense. Listen to the podcast here, or on your favorite podcast app.
At the Daily Caller, CEA President John Mozena pointed out that the practices of America's economic development agencies seem suspiciously familiar to anyone who's studied The word “socialism” gets used in a lot of different ways, but traditionally it means government having a financial stake in factories and other “means of production” and using that … Continue reading Column at the Daily Caller: Politicians From Both Parties are Selling ‘Sidewalk Socialism.” It Needs to End.
Statement by John C. Mozena, president of the Center for Economic Accountability, on preexisting PGA Tour subsidies in St. John's County, Fla: Taxpayers in Florida will soon be subsidizing efforts to make a deadly regime more respectable on the global stage. Before that happens, elected officials in St. John's County, Fla. should unwind preexisting economic development … Continue reading CEA calls for St. Augustine, Fla. leaders to unwind PGA Tour subsidies after Saudi takeover announcement