Pennsylvania governor candidate Tom Corbett and his campaign team unveiled the first of seven policy outlines on economic development.
Much of what it outlines is simply political rhetoric – i.e. praising energy resources, transportation and water infrastructure, agriculture, manufacturing, and innovation – but when it outlines specific policy proposals, it’s just more of the same.
The Corbett plan includes:
- Spending taxpayer money on building broadband internet, copying the federal “stimulus”
- “Discovered in PA – Developed in PA” – a new program for universities and businesses to partner – presumably with taxpayer subsidy – on new technologies
- More tax incentives and state spending on venture capital – because, naturally, if private investors don’t think something is a good risk, government will make better decisions using other people’s money
- Loans and “seed money” for new businesses
- Grants and incentives for investors
- Getting more out of the Governor’s Action Team, one of Rendell’s favorite tools to pick favored companies for corporate welfare
- More programs to create green jobs
Rather than a new direction, Corbett offers nothing more than the same failed mistakes of the past. In fact, his corporate welfare package sounds a lot like that of Democrat candidate Dan Onorato, not to mention the policies of Rendell and Bush-Obama.
More from CF on Corporate Welfare.