- Altered states
North Carolina is seeking to take economic development away from the Department of Commerce and create a private entity to do the work. Other states have tried it — and found themselves mired in corruption and cronyism. Here are some examples.
Ohio: Exempt from public records and open meetings laws.
Wisconsin: Spent almost $10 million in federal Housing and Urban Development funds without legal authority.
Arizona: The group has collected secret donations from companies that are represented on the authority’s board.
Indiana: Reports of exaggerated job-creation claims and a bribery scandal.
Florida: Limited access to records and open meetings.
Rhode Island: Issued bonds worth more than $100 million to a video game company that went bankrupt.
Texas: Corporate contributors have enjoyed lucrative contracts and other government favors.
Source: “Creating Scandals Instead of Jobs” by Good Jobs First, a Washington-based center that tracks economic development
Posted: Sunday, November 3, 2013 10:00 am
GREENSBORO — For years, North Carolina has recruited industry the old fashioned way.
The Department of Commerce worked with companies and local communities to nail down big incentives deals.
Contact Richard M. Barron at (336) 373-7371, and follow @BarronBizNR on Twitter.
Sunday, November 3, 2013 10:00 am.