Justin Wolfers

Imagine if welfare worked the way corporate welfare works: “Who wants money? But please be honest & only ask for it if you're really needy.”

@JustinWolfers Ok. I get it. But I thought Gov'rs have been doing this for years to encourage companies to come to state.

@NotSoSilentMajo @JustinWolfers agreed. And it's a race to the bottom

@HoagPhD Can you send me a link or suggest a book so I can understand why it's a race to the bottom? Real Q.

@NotSoSilentMajo and a great question. I'll see what I can find. It's more an informed instinct/opinion of mine to be honest (1/)

@HoagPhD Ok. I saw you had PhD on your name, so I thought you might know off the top of your head. No need to look. I trust folks like you.

@NotSoSilentMajo accounting prof so not my PhD primary area. My background is audit and we live by a "trust but verify" mantra. I'll around

@JustinWolfers @derekwillis But isn’t it pretty standard for Company X to say it'll move HQ from State/City/County Y, unless incentives?

@navybook @JustinWolfers yes. but how many situations involve the incoming president?

@derekwillis @navybook @JustinWolfers usually governors but isn't it better than trying to create new industries by fed gov? Solyndra?

@Taylor_Richard_ @navybook @JustinWolfers pretty sure the presidency is an arm of the federal government.

@derekwillis @navybook @JustinWolfers never said it wasn't. I'm saying better to save jobs of existing industry than try to create new one

@Taylor_Richard_ @navybook @JustinWolfers comes too late to save the folks who cut ice out of lakes for refrigeration.

@derekwillis @navybook @JustinWolfers yeah because that's the same thing. Did government create air conditioners?

@Taylor_Richard_ @navybook @JustinWolfers just trying to understand - you're ok with federal intervention, but only for existing industries?

@JustinWolfers @davidfaber Every manufacturing CEO is now an NFL team owner.

@JustinWolfers @mlanger @davidfaber Much like Nissan have already done over here with Brexit. And it worked.