$100 Billion per Year Economic Development. ROI? Null

What is happening? Mercatus Center at George Mason University estimates that states and cities spend an estimated $100 billion every year with no return on that investment.

Why is this important? But wait! Mercatus Center at George Mason University. goes further and says that economic development funds actually slow down national economic growth

How will this be important? 18 states have proposed a multistate compact to stop economic development funding.

Governing Opinion from Mercatus Center at George Mason University | A Chance for Disarmament in the Economic Development Subsidy Wars