Testing Grounds The latest industry being outsourced to India is clinical drug trials. And any number of tragic things can happen on the way to your medicine cabinet.
Friday Night Rewind It doesn't matter which team you cheer for. We've got video previews of every high school football program in Hillsborough, Pinellas, Pasco and Hernando County.
The latest $30-million handout of tax dollars as an "incentive" to bring a business here got me to thinking.
I want $30-million to bring a business here, too. I make the following guarantees:
• It will create 100 desirable, high-quality jobs.
• The jobs will pay considerably higher than average — $100,000 a year.
• The number of jobs is guaranteed to stay the same for at least three years, which is better than the track record of some of these deals.
• All jobs will be filled by the local work force.
• Not one job will ever be outsourced to India, transferred or downsized.
• All the purchasing will occur right here.
• With every $1 spent, there will be a "multiplier effect." The economic impact will be several times the $30-million.
Now I will tell you what the business is.
But just remember: Every one of the above guarantees remains absolutely true.
My proposal is to hire 100 folks to sit around and drink beer for three years.
No, wait, 99 folks. I get one of the jobs.
Why do you laugh? In fact, my proposal is an even better deal for the taxpayers.
I'm not asking the city, county or state to build me any roads or sewers, or to create any tax breaks.
Heck, I'm not even asking that the deal be made in secret, under some sneaky loophole in state law. Beer in the sunshine, that's my motto.
Over the past three years, my colleagues Sydney Freedberg and Connie Humburg have done a series of reports about economic incentives in Florida.
You already know what they found out.
A lot of jobs and investments soon disappeared, thanks to bankruptcies, relocations and downsizing.
A lot of the money went to big, prosperous companies that didn't really need it.
Government review was usually perfunctory at best, and there was not enough auditing afterward.
Not that it matters, of course. "Economic development" is to Florida government what "national security" is to the federal government — it justifies everything.
The trend continues apace. In Oldsmar recently, you might have seen, the Nielson Co. has announced a series of layoffs after receiving more than $3-million in incentives. Rather than take any more heat, the company charitably agreed to give up another $3.1-million. Thanks.
In St. Petersburg, of course, the city secretly approved an incentive for Jabil Circuit, which was going to disappear in a puff of smoke otherwise.
Is there a legitimate role for incentives for business? I suppose. But they ought to be part of a coherent and targeted strategy, not handed out piecemeal and automatically.
You know what would be good "economic development"? Building a state and a community where people want to live, with high-quality education, protection of the environment, carefully managed growth and investment in quality of life.
I grew up after the Great Society, and was told, time and again, the evils of handing out money to "welfare queens." It doesn't create long-term success.
But that was back when the recipients were poor people, not corporations. I have changed my tune. I want on the gravy train. Give me my $30-million, and I'll see you at the bar, along with 99 of my closest friends. We'll be doing our part for the local economy.
[Last modified: Jul 26, 2008 02:46 PM]
Comments on this article
by CERDA!
Jul 25, 2008 2:42 PM
companies to not only stay within our city limits, but to utilize existing architecture/land for their offices/workspaces rather than just giving away unused land in return for questionable returns in jobs, not to mention untold environmental...
by CERDA!
Jul 25, 2008 2:42 PM
the same tactics that Roosevelt used during the great depression. Things like isolationism for instance.
For example, lets stop using city funds to contribute to outside areas. Also, we should be centralizing our city by providing incentives for...
by CERDA!
Jul 25, 2008 2:27 PM
land deals already, let me say this. Why Not turn the existing stadium complex into a mixed use complex. Off the top of my head, I'm thinking build a few parking structures with comm/res. space on top of them or something! I mean, is its not all that
by CERDA!
Jul 25, 2008 2:26 PM
ST.PETRSBURG RAYS (*take the hint, trust me on this one*) build a new waterfront stdium. Let's try filling the stadium we already have, and maybe winning a world series or two, before we talk new ballpark.
Since I'm on the subject of ballparks and...
by CERDA!
Jul 25, 2008 2:26 PM
as I travel around the city, how i see all these vacant building just sitting there, utterly unused. Yet every single day i pass by new construction being undertaken on previously unused land.
And, NO, that doesn't mean letting the...
by CERDA!
Jul 25, 2008 2:25 PM
implications.
Recently the "Times" ran an article about the glut of office space available all around Tampa Bay, at about the same time the Jaybil hullabaloo became news (i', not 100% on the dates), but I remember thinking about how, as i walk...
by CERDA!
Jul 25, 2008 2:25 PM
I think your heart is in the right place, but your idea is a little far fected.
I do agree that the subsidies, tax breaks, et al, are a total crock. However, whats really needed is a "new deal" but on a local level. Lets try utilizing some of...
by Enough
Jul 25, 2008 2:23 PM
May I add that we use only small independent contractors to make and supply the beer? Perhaps add some munchy makers? And a chauffer service to get the beer drinkers around? I believe in this new vision for Pinellas! Howard for Mayor!
by Jenna
Jul 25, 2008 2:08 PM
George, you are wrong. I'd be proud to drink beer alongside Mr. Troxler for the next three years. I will even let him win at dominos.
by bubba
Jul 25, 2008 1:59 PM
i showed the article to my sister, she said "it's only really tax breaks , right?" , i said that still equals money, if the federal governmet gave you 30 mil in breaks, less comes out of your check, more into your pocket , more pork in politics
by Wally
Jul 24, 2008 8:05 PM
Maybe what St Pete needs is a good brewery !!!
by George
Jul 24, 2008 7:30 PM
You should probably have some knowledge of economics before you write a story about the economy. Mr. Troxler's editorials might be better if he gets drunk but his plan is severely flawed. I know the the guy. He doesn't have 2 friends, let alone 99.
by willie
Jul 24, 2008 3:50 PM
And you helped us pay for the "BIG DIG" in Boston too and don't think we don't appreciate it.
by Jocephus
Jul 24, 2008 2:31 PM
The problem is that even if we were to stop, other cities and states would continue to hand out the tax breaks. Then we'd never get any large employers. Good luck convincing the entire country to cut off the corporate welfare.
by dlf
Jul 24, 2008 11:45 AM
Yuengling - here I come - The oldest brewery in the these Great United States. I am in.
by mike
Jul 24, 2008 11:03 AM
Make it 98, I'll drink with you . . . yahoo !!!!!
by Murf
Jul 24, 2008 11:03 AM
Howard is right on! Florida has prostituted itself to the development industry and that industry has ruined much of the state. Every economic & quality of life crisis we are facing can be attributed to overdevelopment and ignoring the consequences.
by Dee
Jul 24, 2008 11:03 AM
Please send me an application for one of your 99 remaining jobs.
by BeerMan
Jul 24, 2008 11:03 AM
Howard I want in! I love beer!
by Tom
Jul 24, 2008 11:03 AM
Sign me up!
by Scott
Jul 24, 2008 11:03 AM
Hmmm? Interesting concept. Except for a few items; what tax base are you bringing to the local government? What additional jobs are you creating? What jobs are going to be lost if you don't remain here? It is so easy to be cynical. Right?
by Juanita
Jul 24, 2008 11:03 AM
can i be your friend?
by Craig
Jul 24, 2008 11:03 AM
Where do I sign up? Do we get full paid benifits & retirement package vacation, holidays. Will the bar be on a bus line? Will the company pay for transit passes? What brand of Beer? After the guaranteed 3yrs then what? Another grant from the state?
by Karl
Jul 24, 2008 11:02 AM
Howard,
You would run out of $$$ before the end of your 2nd year. Since with a company of $100 employees you would have to provide a benefits package, plus unemployment insurance, and the taxes for each of those employees.
by Piobair
Jul 24, 2008 11:02 AM
Where do I sign up?
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