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
Cato Daily Podcast: Big Taxpayer Bucks for Buc‐ee’s
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.
Column at the Daily Caller: Politicians From Both Parties are Selling ‘Sidewalk Socialism.” It Needs to End.
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.
Column in National Review: Losing Amazon’s HQ2 Was a Blessing
With the news that Amazon was pausing construction of its Arlington, VA HQ2 project, CEA President John Mozena writes in National Review that residents of hundreds of cities across America should be glad that Amazon hadn't gone with any of the ludicrously large proposals that were submitted by local politicians and bureaucrats who seized the … Continue reading Column in National Review: Losing Amazon’s HQ2 Was a Blessing
Georgia’s Rivian Plant Subsidy Recognized as 2022’s “Worst Economic Development Deal of the Year” by the Center for Economic Accountability
Insufficient due diligence, speculative returns, lack of concern for local impacts and convoluted structure set project apart in a historic year for corporate welfare megadeals. December 27, 2022 – Georgia’s $1.5 billion subsidy of a Rivian electric vehicle assembly plant has been selected as the “Worst Economic Development Deal of the Year” for 2022 by … Continue reading Georgia’s Rivian Plant Subsidy Recognized as 2022’s “Worst Economic Development Deal of the Year” by the Center for Economic Accountability