In National Review's Capital Matters, CEA President John C. Mozena laid out the case against the prevailing subsidy-first model of economic development in America's state and municipal governments: Many complain that these sorts of subsidy programs are the government “picking winners and losers.” If only that were true. In reality, economic development agencies pick both … Continue reading Column in National Review: It’s Time to Call Out America’s Corporate Welfare State
CEA statement on Rivian bond ruling in Georgia
By John C. Mozena, president of the Center for Economic Accountability September 30, 2022 Judge Brenda Holbert Trammell’s ruling against issuing the proposed Rivian bonds is a victory for taxpayers and the rule of law in Georgia. She shone a bright light on the way Georgia’s economic developers ignore the law, the public interest, state … Continue reading CEA statement on Rivian bond ruling in Georgia
2022 Is the Worst Year in History for State Corporate Welfare Megadeals
Facing election-year pressure from voters and flush with federal cash, governors across America have signed three times more billion-dollar subsidy deals than any previous year in history. September 15, 2022 – An unprecedented flood of economic development “megadeals” with potential billon-dollar price tags across the United States is turning 2022 into a uniquely expensive year … Continue reading 2022 Is the Worst Year in History for State Corporate Welfare Megadeals
CEA Interview in Site Selection Magazine
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
Great.com interviews The Center for Economic Accountability About Advancing Economic Opportunity by Transparency
Danielle Riberio from Great.com interviewed the Center for Economic Accountability as part of their 'Great.com Talks With...' podcast. This series is an antidote to negative news stories that aims to shed light on organizations and experts whose work is making a positive impact on the world. America today gives more subsidies to stadiums than any … Continue reading Great.com interviews The Center for Economic Accountability About Advancing Economic Opportunity by Transparency