Following on the heels of North Carolina’s dismal showing in the Tax Foundation’s business tax climate index, corporate welfare mag Site Selection once again picks North Carolina as the best state to solicit welfare from gullible corporatist politicians business climate in the US.
Naturally, the governor’s office couldn’t wait to tout this ranking (although I am still waiting for their press release discussing the Tax Foundation’s ranking). I’ve previously written a breakdown of Site Selection’s methodology, and detailed why it doesn’t reflect a state’s true business climate, but rather praises those states most active in corporate welfare bribes. Only a true corporatist – interested in a merger of state and corporate power at the expense of everyone else – could be proud of sitting atop Site Selection’s list.
A couple of questions must be answered when trying to justify the Site Selection ranking: if NC has such a great business climate, why did it rank a lowly 35th in terms of private sector job growth over the last decade; and why must the Governor continue to bribe companies to locate here?