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They lost money in the first quarter? Hmm!
Yet more economic fascism comes to the Heartland via the IEDC and Todd Young:
https://fee.org/articles/economic-fascism/
IEDC incentives aren’t needed if the state of Indiana is a place that companies WANT to relocate to.
TIF incentives aren’t needed if the state of Indiana is a place that developers know that they can make money in.
What have politicians done in the state of Indiana to enable either of those? Continual tax cuts and “running a surplus” at the expense of needed investments in the future just perpetuate the need for more incentives.
Joe, is it possible that IEDC exists so cronies can float back and forth between government and private sector more easily, including the “libertarian” publisher of this newspaper, and TIF exists so lying scoundrels like Henry Mestesky can play SimCity?
Ok,ok,ok!
This is great for Hoosiers! As far as a Q1 loss, most startups lose money. Tesla just earned their first “true” profit (without aid of emissions credits from government) and they have been in business for years. This is clean manufacturing that fuels technology-driven high-paying jobs, making products with high demand that will continue to be in high demand. Unfortunate we live in an age when some are so cynical and/or politically biased that they criticize good news.
Quote: Unfortunate we live in an age when some are so cynical and/or politically biased that they criticize good news.
Don’t we, though, Mark H? Joe B. would complain about being hung with a new rope.