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TKJunkMail
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Re: got an idea

The problem with deals like this one, where a town taxes to add infrastructure to bring in more jobs, is that all it often does is MOVE jobs from 1 place to another within a region or within a country. It does not add any net benefit to the economy of the region or country. Only when new infrastructure lowers the cost enough to become meaningful in the global economy is it worth doing.
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permalink · 2006-12-28 12:50:02 · Print · Reply to this
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