TN money to Wacker

[Deleted]

“The total state commitment now grows to $100.3 million.More than the 650 jobs are planned when the plant is finished in late 2013.”

$100,000,000 / 650 jobs = $153, 846.15 / job in taxpayer money

www.tfponline.com/news/2011/sep/09/wacker-gets-another-36-million-in-state-aid/

[Justin Thyme]

Sept 9, 2011 19:41:42 GMT -5 @yodanbr2 said:

“The total state commitment now grows to $100.3 million.More than the 650 jobs are planned when the plant is finished in late 2013.”

$100,000,000 / 650 jobs = $153, 846.15 / job in taxpayer money

www.tfponline.com/news/2011/sep/09/wacker-gets-another-36-million-in-state-aid/

So at an average salary of $40k/yr that pays for four years of employment. After twelve years the investment is paid back and we see the investment start to go from negative to positive. Twenty years out and we look back and see what a bargain the state got..... or not.

[mikeydokey]

Pennies on the dollar compared to what Obama's jobs programs have costed us, SO FAR!