had agreed to G.M.’s demands for cash rewards, free buildings,
worker training and lucrative tax breaks. As late as 2007,
the company was telling local officials that these sorts of
incentives would “further G.M.’s strong relationship”
with them and be a “win/win situation,” according to
town council notes from one Michigan community.
list were in towns and states that had awarded
incentives, adding up to billions in taxpayer
dollars, according to data compiled by The New York Times.
Ohio was proposing a $56 million deal to save its
Moraine plant, and Wisconsin, fighting for its Janesville
factory, offered $153 million.
away and, thanks to a federal bailout, is once again
profitable. The towns have not been so fortunate,
having spent scarce funds in exchange for thousands of
jobs that no longer exist.
automaker’s departure. “You can’t just make
these promises and throw them around like they’re
spare change in the drawer,” said Doug Winters, the
doing just that. And the giveaways are adding up
to a gigantic bill for taxpayers.
It is clearly insufficient.