Proof that Industrial Incentives are Poor Bet

North Carolina stayed out of the incentive game for decades. The state paid millions to Dell Computer to open a manufacturing plant near Winston-Salem. Now the plant is closed.

When are we going to halt public expenditures on the "buffalo hunt" for footloose industry and instead focus our resources and efforts on the sector that produces by far most of the jobs – existing industry and homegrown business?

By Jesse L. White Jr.

Full Story: http://www.dailyyonder.com/proof-industrial-incentives-are-poor-bet/2009/11/20/2462