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No news, but downtown stadium prediction [01/19 update @post 126]
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bladhmadh Offline
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Post: #91
RE: No news, but downtown stadium prediction
when states offer incentives its not like they are paying the companies cash. sure you are telling company X we are reducing your tax by 50% for ten years. well that remaining 50% is more than the state would have gotten without the deal. all of the improvements to infrastructure to attract the company are there for others to use for theirs. training programs make the state more attractive for other companies as well. people complained about the incentives we provided to land Mercedes. Because of those we also have the Honda, Hyundai, and all the suppliers associated with that. Georgia got KIA and Tennessee got VW but both of those plants are on the border of Alabama because of our supply network. We also got suppliers building plants in Alabama for VW and KIA. Go take a look at Lincoln High School if you want to see some tangible effects.

the economic multiplier of bringing in one of these big industries is huge. you would think UAB fans would understand this fact after spending the last few years screaming about how important UAB is economically. One UAB student has a $40,000 per year impact on the local economy. the same principle applies to the Toyota/Mazda plant on a much larger scale.
01-11-2018 05:33 AM
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RE: No news, but downtown stadium prediction - bladhmadh - 01-11-2018 05:33 AM



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