Friday, November 13, 2009

Stimulus, ctd.

Speaking of stimulus, here's a report on local stimulus efforts to attract and retain business.

Primarily it focuses on tax abatements, which I'm not a huge fan of, but this method seems better by tying them to job creation and the impact of the business on the local economy. In a sense, then, the community isn't on the hook for throwing money down the drain because it sets up an incentive for the business to hit certain goals.