I documented such cases in the nineties. Subsidies in return for jobs. Subsidies often cost more than jobs paid. But no other policy tool.
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One other policy tool: "job training." Decades of research shows that returns are meager to zero. Still, it looks good, so it goes on.
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So, Gov. Pence is going to spend money to keep Carrier in Indiana before he leaves office to become VP? But hey, no fed funds.
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Problem for Trump is that he promised something different, not the decades-old same-ol' same-ol'. Clinton did that.
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The race towards the bottom continues. Countries compete with countries & states with states, with subsidies & lower taxes.
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