During the 2008 economic crash, it was ironic to see Wall Street “free market” executives fly in their private jets to Washington to ask for a “socialist” bailout. It wasn’t the first time that companies had come to the public trough, nor would it be the last.
It seems that some companies are now building taxpayer funding right into their business plans. They “extort” public funds by threatening to set up shop elsewhere, happily playing one jurisdiction off against the other.
Such interstate bribery has become the new normal in today’s globalized manufacturing environment.