In some contexts I would too. But the high-profile incentives that we hear about amounting to direct, narrowly targed spending or tax breaks aimed at specific companies ought to be classified separately from routine tax breaks that affect all businesses all the time.
On Sun, Aug 21, 2011 at 7:03 PM, michael perelman < [email protected]> wrote: > I was including tax expenditures as spending. Even the Federal > Reserve Bank of Minn. had a piece attacking the practice. > > On Sun, Aug 21, 2011 at 2:02 PM, Max Sawicky <[email protected]> wrote: > > I'm not aware of any comprehensive data on this, but I would not say the > > money spent is much in the grand scheme of things. Specific deals are > > big compared to the jobs involved (I wouldn't say "created"). More on > > point would be permanent tax expenditures of various types justified > > in hopes of attracting job. > > For anyone just back from safari, there is good stuff coming out on > > Rick Perry's aggressive graft in rewarding campaign donors with > > state government grants, though in this case it's not clear that any > > jobs at all resulted. > > > > On Sun, Aug 21, 2011 at 2:08 PM, michael perelman > > <[email protected]> wrote: > >> > >> States and local governments pay huge amounts to corps. for the > >> promise to create jobs. No More Candy Store used to recount the > >> abuses. I have not checked it recently. Max was the one who first > >> pointed out their. work. > >> > >> On Sun, Aug 21, 2011 at 3:34 AM, Gar Lipow <[email protected]> wrote: > >> > I find the following statistic various places "Adding 1 million jobs > >> > cuts deficit by 54 billion". For example: > >> > http://www.ourfiscalsecurity.org/deficit-101. As a source in turn it > >> > links to > >> > > http://www.whitehouse.gov/sites/default/files/omb/budget/fy2009/pdf/hist.pdf > >> > which is 342 pages, and does not contain that statistic as far as > >> > intensive searching can determine. Nor does further searching turn it > >> > up. > >> > > >> > I know x jobs = x deficit reduction is pretty crude. After all what > >> > kind of job matters among other things. Still someone must have come > >> > up with some rough estimate somewhere - either the 1 million jobs > >> > equal 54 billion in deficit reduction or some other number. Help on > >> > this would be greatly appreciated. Thanks. > >> > > >> > -- > >> > Facebook: Gar Lipow Twitter: GarLipow > >> > Grist Blog: http://www.grist.org/member/1598 > >> > Static page: http://www.nohairshirts.com > >> > _______________________________________________ > >> > pen-l mailing list > >> > [email protected] > >> > https://lists.csuchico.edu/mailman/listinfo/pen-l > >> > > >> > >> > >> > >> -- > >> Michael Perelman > >> Economics Department > >> California State University > >> Chico, CA > >> 95929 > >> > >> 530 898 5321 > >> fax 530 898 5901 > >> http://michaelperelman.wordpress.com > >> _______________________________________________ > >> pen-l mailing list > >> [email protected] > >> https://lists.csuchico.edu/mailman/listinfo/pen-l > > > > > > _______________________________________________ > > pen-l mailing list > > [email protected] > > https://lists.csuchico.edu/mailman/listinfo/pen-l > > > > > > > > -- > Michael Perelman > Economics Department > California State University > Chico, CA > 95929 > > 530 898 5321 > fax 530 898 5901 > http://michaelperelman.wordpress.com > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l >
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