I'm saying the overall impact of these sorts of subsidy schemes is ultimately higher rates, which California is good example of.
That was my primary complaint, as an incubator fine but without profit motive to improve the tech it’s a waste.
Your prelude is identical to nearly every example where gov money goes out without very harsh clear benchmarks.
Amazon is the best example of using (wasting) billions of dollars of government money with no strings.
Step 1 Get paid to demolish perfectly usable retail by local government to create X number of jobs
Step 2 maybe create the contractually required number of jobs to get a guarantee of no property taxes
Step 3 Automate and eliminate most of the jobs while also causing hundreds of millions of dollars of road and construction damages
Step 4 if community doesn’t like it move outside town 5 miles to repeat.
And Amazon isn’t the only one, our local areas all have half empty box shaped outdoor retail that was never fully occupied and never paid property tax
Downtown a gas station had one such thing created next door on its out lot, was half occupied 5 years never paid back and now got tore down by an investment bank that also got gov money paying for its existence despite the failure of the last and despite the building there being perfectly usuable.
government investment in commercial real estate of any kind should be illegal as should sweetheart deals .
Even the Chinese like Foxconn are notorious at getting free land and money to jiff an area or with Wisconsin an entire state.
Look into any industry and it’s the same story if there aren’t benchmarks.
