Two Steps Forward, Five Steps Back

3 08 2008

R. Neal reports this bit of interesting economic news.

In the morning-after glow of the news that VW will bring 2000 jobs to Chattanooga (at an estimated taxpayer cost of $500 million that we know about), Nissan has announced they are cutting 6,000 jobs in the state.

I can’t recall, how much did taxpayers pony up to get those Nissan plants here?





2 responses

3 08 2008

We should ask for our money back. It’s socialism for the rich, capitalism for the poor….

3 08 2008

I couldn’t agree more.

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