The state’s flagship corporate welfare scheme — the Michigan Economic Growth Authority — will end Jan. 1, according to The Flint Journal.
“It created job announcements but no jobs,” Michael LaFaive, director of the Center’s Morey Fiscal Policy Initiative, told The Journal. “That’s the only way to facilitate ribbon-cutting ceremonies.
Michigan’s film subsidy program is also being reduced.
“These are effectively job announcement programs for the beautiful people so the political elite can take credit for bringing Hollywood elite to their state,” LaFaive said. “This doesn’t create jobs, just pretty stories.”
LaFaive has overseen two in-depth studies that detailed the failure of MEGA, which you can read here and here. You can read his analysis of the film subsidies here.
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