Last year, Site Selection Magazine chose Apple's new R&D campus in North Carolina as one of its "Top Deals of 2021." That's the same $846 million subsidy deal that the CEA called the "Worst Economic Development Deal of the Year." In an effort to dig into the disconnect between the two recognitions, Site Selection Managing … Continue reading CEA Interview in Site Selection Magazine
Op-ed in The Hill: Frustrated by a corporate handout ‘Groundhog Day’? Blame the American Rescue Plan.
Across America, states are taking federal dollars meant to support the recovery from the COVID pandemic and using them instead to fund massive economic development subsidy deals. In a column in The Hill today, CEA President John C. Mozena and Mercatus Center Senior Research Fellow Michael D. Farren had a simple message: "We hate to … Continue reading Op-ed in The Hill: Frustrated by a corporate handout ‘Groundhog Day’? Blame the American Rescue Plan.
Article in City Journal: Back to Basics for NYC
New York City's economic development model was already out of date even before the pandemic accelerated the broad move away from the workforce model of big offices in big buildings filled with lots of well-paid people working at expensive desks. That hadn't been keeping the city's leaders from doubling down on expensive subsidies, though, writes … Continue reading Article in City Journal: Back to Basics for NYC
Detroit News op-ed with Good Jobs First: How economic development is killing Michigan school funding
Our friends at Good Jobs First have been fighting corporate welfare from the leftward side of America's political spectrum for many years, specializing in doing the hard and necessary work of data collection and analysis. Their Tax Break Tracker is an invaluable tool for anyone involved in economic development policy reform. Recently, CEA President John … Continue reading Detroit News op-ed with Good Jobs First: How economic development is killing Michigan school funding
The American Conservative column: Want To Clean Up Money In Politics? Start With Corporate Welfare
In The American Conservative, CEA President John C. Mozena warns that the real "dark money" in politics is hiding right in front of us, in the form of politically motivated economic development subsidies that dwarf anything spent by campaigns, PACs or parties: Right now, state and local politicians running for reelection across America are living … Continue reading The American Conservative column: Want To Clean Up Money In Politics? Start With Corporate Welfare