Nostra
Diamond Member
- Oct 7, 2019
- 94,253
- 85,647
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Another Democrat success story. $3 million per job.
What a disaster that party is.
During her terms in office, Democratic Michigan Governor Gretchen Whitmer offered billions in taxpayer-funded subsidies to select companies. Overall, she authorized $6.9 billion in subsidies during her tenure. Of that, $2.7 billion was offered to just eight major projects. Of the $1.8 billion of that figure that has been spent so far, there have only been 602 jobs created, breaking down to about $3 million spent per job, according to a new report from the Mackinac Center for Public Policy.
According to the report, the Whitmer administration said that the major subsidy projects would "create 20,595 jobs in Michigan. So far, these deals have created 602 jobs, just 3% of expectations. Of the $2.7 billion offered, $1.8 billion has been spent — transferred either to companies or to local economic development agencies."
thepostmillennial.com
What a disaster that party is.
During her terms in office, Democratic Michigan Governor Gretchen Whitmer offered billions in taxpayer-funded subsidies to select companies. Overall, she authorized $6.9 billion in subsidies during her tenure. Of that, $2.7 billion was offered to just eight major projects. Of the $1.8 billion of that figure that has been spent so far, there have only been 602 jobs created, breaking down to about $3 million spent per job, according to a new report from the Mackinac Center for Public Policy.
According to the report, the Whitmer administration said that the major subsidy projects would "create 20,595 jobs in Michigan. So far, these deals have created 602 jobs, just 3% of expectations. Of the $2.7 billion offered, $1.8 billion has been spent — transferred either to companies or to local economic development agencies."
Michigan’s $1.8 BILLION jobs initiative only created 602 jobs—that’s $3 MILLION per job: report
With a total of 602 jobs, the $1.8 billion breaks down to about $3 million spent to create each job.