AUGUST 13, 2010 | by NATHAN BENEFIELD

Has Corporate Welfare Ever Failed?

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A reader asks us if we know of any examples of corporate welfare where it has failed - not just on the Macro level, giving grants to select corporations while taxing others, which has proven to undermine economic growth - but individual companies that took taxpayer money and moved or cut jobs.

Here are but a few examples off the top of my head:

Despite this abysmal record, Pennsylvania lawmakers keep doing it.

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