Monday, September 27, 2010

Because it worked out so well for Youngstown

I'd have never guessed: Apparently, one of the worst things to do with rich alluvial soil and a long growing season is waste it growing stuff. Louisiana Governor Bobby Jindal has proudly announced that by offering $600 million in tax-free bonds, he has managed to attract a large steel production facility to the banks of the Mississippi River. And this is land once thought fit only for agriculture. Isn't ponying up tax dollars to entice somebody to build a steel mill in your cane field is a lot like pimping for your sister and then lending the guy a twenty?

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