Lets take a look at, “Economic Development Subsidies” and how they work, Or, should I say who does they really benefit?

What this episode covers

Politicians, it seems, always crave credit for the creation of new jobs in their communities; but in a free market economy, governments play only a partial role when it comes to determining where businesses locate and who they hire. Still, in today’s headline-focused media culture, short-term political optics often outweigh reality, and elected officials spend considerable time and effort to spur economic development—especially at the state and local levels.

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