The Associated Press is about to blow the lid on Gov. Ed Rendell's corporate welfare shell game on Sunday with a major expose titled, "Paying for Jobs."The wire serve found that promises to bring jobs to Pennsylvania by firms receiving huge taxpayer-supported bribes (did I say that out loud?). I meant to say huge taxpayer incentives. Anyway, the corporate welfare scheme is typical of the house of cards Rendell has built during his five years in office.
The Associated Press found that less than half of the recipients kept their pledge to bring the number of promised jobs to Pennsylvania.
Reporter Marc Levy examined records for 56 businesses that were awarded a total of $44 million in incentives in 2003-04 and that were subjected to state compliance audits. Only 25 — or fewer than half — had hired the number of workers they promised.
Despite this dismal record, Rendell continues to divert hundreds of millions of taxpayer dollars into corporate coffers.
To date, the Rendell administration has offered $1.7 billion in aid through its one-stop incentives shop, the Governor's Action Team, Levy reports
The story should be available in most Sunday newspapers across the state. It's must reading.
1 comment:
Rendell is a total sleaze. I am glad I do not live in Pennsylvania anymore. Amy
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