Tribune editors thought the $100 million promised Motorola Mobility to stay in Illinois was the most importat story for Saturday.
Would $17 million (the same 34,750 per job offered Motorola Mobility) have saved these positions?
Using a method Democrats seem to understand, Governor Pat Quinn has offered Motorola’s newly-spun off cellular division $100 million not to move to sunny California.
Exchange of things valuable.
Our tax dollars for jobs.
Quinn pro quo.
3,000 jobs that are already here is the prize.
The Tribune says that works out to $34,750 per job retained, “considerably more than the $15,000 to $20,000 per job that is more typical when the state awards tax credits to keep or attract businesses.”
Meanwhile other big Illinois employers gave notice that 474 employees would be cut.
Illinois apparently does not have assets other than taxpayers’ money to induce profit-making entities to settle or stay in Illinois.
And, of course, this bears no resemblance to Quinn’s offer of an $86,000-plus job on the Prisoner Review Board to defeated State Rep. Careen Gordon.
Just a Quincidence that she voted with fellow Democrats to hike income tax rates 67% after promising voters she would not during her campaign for re-election.
And of course, no where does it mention that MMI laid off about 1000 people in 2010, the last being in October!
One wonders if the state extracted a no layoff, or claw back pledge…
The Chicago Breaking News is misleading. Durham School services is tied to the school year ( summer recess) as they provide bus bus services. Coach USA also has contracts with school districts to transport athletic teams to school meets and school trips. DRivers are laid off for the summer.
I say let the jobs go. Illinois will pay $34,750 to keep each job and I bet they later renig and move just the Harvard Mototola plant did. Those job would pop up in another right to work state.