States Throw Money at Tech Firms; Intel Nets a $2 Billion as Other Semiconductor Companies Belly Up to the Trough
Author: Pat Garofalo
Pat Garofalo
Pat Garofalo is the director of state and local policy at the American Economic Liberties Project, the author of “The Billionaire Boondoggle: How Our Politicians Let Corporations and Bigwigs Steal Our Money and Jobs,” and writes the Boondoggle newsletter on Substack (click on the link below).
Beware of Investment Firms Pitching Themselves as the Saviors of Rural America A Kentucky House committee last week approved the Rural Kentucky Jobs Act of 2022. Are such programs enacted throughout the country boondoggle upon boondoggle for the wealthy or genuine help for the little guy? Keep reading. Proponents in Kentucky say that the goal of the legislation is to promote investment in parts of the state that don’t see much influx of outside money. “This will be another tool in the box for those rural small businesses,” said Republican Rep. Myron Dossett. But the bill is actually part of a long…