Race to the Bottom, Michigan Edition
This is, of course, what’s called “race to the bottom,” in which states compete to see who can gut their own standard of living the most to offer best tax breaks to corporations, all to steal businesses from just across state lines, a constant downward march of declining wages and disappearing benefits in which one state’s gain made on the backs of workers is another’s depleted economy. But hey, “People are starting to look at Michigan.”
Snyder told the paper it was “premature” to name interested companies.
Michigan will just have to take his word for it, just as they did when he said, multiple times, that he wouldn’t pursue RTW.