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Atlas Now?

If Ayn Rand wrote dialogue like this, you know her detractors would call it ridiculous and unrealistic.

This was one of nearly a dozen “clawback” orders signed in two months under the state’s new Republican governor, John Kasich. There will be more, says his job-creation director, Mark Kvamme: “We need every single dollar we can get our hands on.”

YUSA’s view: “Give me a break,” says Chris Fairchild, the auto-parts firm’s controller. “For crying out loud, we’re doing our darnedest. While other local businesses have gone bankrupt or gone to Mexico or other states, we’re right here. You’d think there would be a little respect for that.”

The budget vise squeezing states and cities is changing the economic-development game. Governments are attaching more strings to their offers of tax breaks, cheap rents and bond deals designed to lure business, and are getting tougher on past recipients who didn’t come through.

Here’s the full story.

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  1. Jeri
    April 26, 2011 at 1:30 am

    I have mixed feelings about this. Good news some governments are finally slowing down on the perks, but I wish they would lower taxes for everyone, not raise them for the businesses paying less.

    • Free Radical
      April 26, 2011 at 7:51 pm

      Yeah they need to get rid of all of this stuff. It’s a perfect example of the breakdown of the rule of law and its failure. They put high taxes in place and then give breaks to people they like or who do what they want. This is what people call a “free market.”

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