Caterpillar: Tax vote sign of Illinois' 'rudderless, dysfunctional business climate'
More corporate welfare threats.
Here's a fact. Zenith Electronics did the same thing when LG bought them, and still left the state after it begged for more welfare. The state gave in, Zenith/LG took the money and tax cut, and still left. Many jobs were lost, many small business owners suffered, while these people laughed all the way too the bank. Once they got the sucker deal, they spent nearly 300 million dollars sprucing up the place, putting in automated machines to cut the workforce, claiming the "Robots" will triple manual labor. Well that didn't happen. They would have been better served just using that 300 million for slight, I say again, slight pay raises. The machines never matched worker production, so they cried "We can't make any money like this", and split.
Caterpillar is correct. Our politicians are indeed, "Dysfunctional". They keep falling for the same old ruse every time. Hell, even George Bush said "Fool me once, ugh, ugh..."
Look, if you don't give them all these cuts, and breaks, at the very least use that "New Found Revenue" for hiring more police, teachers, firefighters, EMT's, transportation, and construction workers. You might as well convert those soon to be abandoned buildings into new schools, police, fire, or transportation terminals. That would serve the state much better as opposed to threats if you don't hand out more unnecessary corporate welfare.
Thursday, December 1, 2011
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