One of my favorite urban issues blog, Urbanophile recently posted an editorial about the incentive border wars being waged in several parts of the Midwest. The article by Richard C. Longworth, Senior Fellow at The Chicago Council on Global Affairs, makes several points I've been trying to make for years on this blog for years, but comes at it with a better set of credentials
One fact from this story that should not surprise anyone, least of all me, is that there are more places in America looking for relocations than there are companies looking to relocate. "A University of Illinois study showed that there are some 300 significant corporate relocations in the United States every year, and about 15,000 different economic development organizations — state, county and local — competing for them." We're in a loosing game and the longer we refuse to acknowledge that the more we will loose. The alternative? Read the post.
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