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You simply can’t read the details of the story (and associated documents and statements) of the failed ”Project Soccer” negotiations in which the Perdue administration and Republican legislative leaders attempted to coax (i.e. bribe) Continental Tire to locate a plant in Wilmington without wanting to throw your hands up in disgust.

The only thing that’s worse than the record of the whole sodid process is the absurd blame game that the parties are now playing. Especially high on the unctuousness meter: the holier-than-thou claims of Senate leader Phil Berger (who jetted off to China on a so-called trade mission in the midst of the negotiations) that he was shocked (shocked!) to learn that powerful insiders stood to gain from the deal. Read More

 

On Wednesday August 31, business subsidies expert and author, Professor Kenneth Thomas will be in Raleigh to headline an N.C. Policy Watch Crucial Conversation luncheon.

Thomas’ most recent book is Investment Incentives and the Global Competition for Capital. Don’t miss this chance to hear from one of the leading experts on this most challenging topic.

Click here for more information.

Professor Kenneth Thomas of the University of Missouri at St. Louis, an expert on public subsidies for private business will be in Raleigh on August 31 to headline a special NC Policy Watch Crucial Conversation luncheon.

Thomas’ most recent book is entitled “Investment Incentives and the Global Competition for Capital.” Don’t miss this opportunity to hear from one of the most knowledgeable folks around about this vexing and controversial subect.

Click here for more information about the event.

Despite its many flaws, the recently enacted biennial state budget took an important step forward in ensuring the performance and effectiveness of the state’s economic development efforts. Tucked into the spending plan is a provision that expands and strengthens job creation performance monitoring for those businesses that receive state-funded incentives for location or expansion, requirements that represent an important step on the longer road to more accountable—and effective— economic development incentive policies. Read More