The Journal Sentinel discloses that Wisconsin offered GM a $200 million aid package to reopen the Janesville assembly line for new, smaller car production.
But Wisconsin lacks the tax incentives that Michigan could offer, so the new plant went there - - and since Michigan is home to GM and some of the highest unemployment rates in the nation, it is not a huge surprise that GM picked Michigan over competing states.
Two points:
ReplyDelete1. Tax incentives matter? Don't let your liberal friends in Madison hear that.
2. Janesville has a higher unemployment rate than Orion.
This decision was political despite the promises made by the Obama administration and government-sponsored GM executives.