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Sunday, January 22, 2006

Not so fast, Eddie

Jake Haulk of the Allegheny Institute further demonstrates the folly of government-directed "economic development."

Indeed, Pennsylvania has been a leader among states in using tax dollars to "create jobs," yet our Commonwealth remains mired at the bottom of the job creation barrel. Go figure!

Read Jake's commentary in today's Pittsburgh Tribune-Review.

1 comment:

Airborne Eagle said...

Government funded job-creation is a difficult task, to say the least. Money is neccessarily taken from private sector initiatives that are making money (thus able to pay taxes) and are somehow going to do as well or a better job at job creation.

Of course, infrasturcture improvements are always needed and they're rarely paid for by the private sector (road repair, for example).

I wonder what the effect of the KOZ program has been, in relation to where jobs were created. That initiative was created under Ridge to turn abandoned or unusable sites into shovel-ready building sites.