Turning over tax money and decision making authority about who gets it, to the state’s “largest companies” and bunch of Chamber of Commerce cronies is a fiasco on its face. We will not need to study this failure ten years from now. We see its failure in its nascency.
…also Carney sucks at being Governor.
Delaware’s economic development efforts are about to undergo a major transformation.
Gov. John Carney signed a bill Monday that replaces the Delaware Economic Development Office with a public-private partnership partially run by some of the state’s largest companies.
“This is a starting point,” Carney said. “The hard work starts now and that’s working together in partnership … to market our state more aggressively and think out of the box about how to develop our entrepreneurial economy.”
What a load of crap. States that do “economic development” right are not trying to “race to the bottom” by “marketing (our tax breaks) more aggressively” in order to lure the worst, most mercenary companies to the state. They develop and help home town winners become regional winners and eventually national winner.
